Apple Inc. (AAPL: Quote) is up over 1 percent to $437.86.
Bank of America Corp. (BAC: Quote) is gaining over 3 percent to $12.56. The company has authorized the repurchase of up to $5.0 billion of common stock and the redemption of about $5.5 billion in preferred stock after the Federal Reserve approved company's capital plan, including proposed capital actions, in its 2013 Comprehensive Capital Analysis and Review.
Zogenix, Inc. (ZGNX: Quote) is gaining 12 percent to $2.10. The company's net loss for the fourth quarter narrowed from the previous year period. Net product revenues improved 75 percent.
Groupon, Inc. (GRPN: Quote) is up 5 percent to $5.36.
Great Lakes Dredge & Dock Corp. (GLDD: Quote) is plunging 32 percent to $6.08. The company's fourth quarter profit plunged from the previous year period. The company also announced the departure of Bruce Biemeck, its president and chief operating officer. The company also restated its second and third quarter 2012 results, as it identified that its second and third quarter demolition segment revenues were overstated by $3.9 million and $4.3 million, respectively.
Ulta Salon, Cosmetics & Fragrance, Inc. (ULTA: Quote) is falling 12 percent to $77.40 as it forecast its first quarter results below Wall Street view.
Carlyle Group LP (CG: Quote) is falling 6 percent to $30.37.
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by RTT Staff Writer
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