The markets opened higher with the Dow gaining 59 points to 12,127 even as the nation's economy expanded less than expected last quarter. Nasdaq soared 30 points to 2768.
On the upside
SandRidge Energy (NYSE: SD) narrowed fourth quarter losses more than expected and lifted its 2011 production guidance. The oil and natural gas company also announced the sale of two New Mexico properties for $200 million.
Fourth quarter earnings jumped for Interpublic (NYSE: IPG) to top analyst estimates and the company announced a $300 million stock repurchase plan.
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