February 14, 2013 at 14:08 PM EST
Markets Flat As European Growth Declines
The markets traded near the flatline with the Dow losing 14 points to 13,968 as growth declined in Europe for the third quarter in a row. Nasdaq added a point to 3198.
On the upside
Alpha Natural Resourcs (NYSE: ANR) narrowed fourth quarter losses more than expected.
Wall Street Cheat Sheet listed SunPower (Nasdaq: SPWR) as one of five solar stocks with a strong earnings trend.
Angie's List (Nasdaq: ANGI) reversed year ago losses to post a better than expected profit for the fourth quarter and forecast current quarter revenue ahead of estimates.
On the downside
US Airways (NYSE: LCC) will merge with bankrupt American Airlines parent AMR in an $11 billion stock deal to become that nation's largest airline.
Ulta Salon (Nasdaq: ULTA) chief executive Chuck Rubin resigned prompting a downgrade.
In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on the NYSE while advancers edged out decliners by nearly 5 to 4 on Nasdaq. The broader S&P 500 index edged up a fraction to 1521.
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