On the upside
Shiseido will acquire Bare Escentuals (Nasdaq: BARE) in a deal valued at approximately $1.7 billion.
Sequenom (Nasdaq: SQNM) agreed to settle securities class action lawsuits by paying $14 million, issuing stock and implementing changes to its corporate governance policies.
Hersha Hospitality Trust (NYSE: HT) priced its offering of 45 million common shares at $3 per share.
On the downside
Majesco Entertainment (Nasdaq: COOL) disappointed with a fourth quarter loss.
GenVec (Nasdaq: GNVC) reported 184 deaths in a Phase III clinical trial of its pancreatic cancer treatment TNFerade.
Yingli Green Energy (NYSE: YGE) received approval to build the first national level photovoltaic technology laboratory in Baoding, China.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on the NYSE and by 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 3 points to 642.
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