The markets traded mixed during the midday with the Dow rising 54 points to 11,877 over mixed earnings news. Nasdaq slipped 4 points to 2699.
On the upside
Fourth quarter earnings for Polycom (Nasdaq: PLCM) leaped to top analyst estimates.
Intuitive Surgical (Nasdaq: ISRG) reported sharply higher fourth quarter earnings that surpassed expectations as revenue climbed.
Pep Boys-Manny, Moe & Jack (NYSE: PBY) retained the services of Bank of America to explore strategic options including the possible sale of the company.
On the downside
Advanced Micro Devices (NYSE: AMD) disappointed with lower fourth quarter income.
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