A downgrade of Greece's credit rating weighed the markets down to a lower close with the Dow slipping 27 points to 12,938. Nasdaq lost 15 points to 2933.
On the upside
FuelCell Energy (Nasdaq: FCEL) will form a join venture with Fraunhofer to develop the market in Europe for Direct FuelCell stationary power plants.
Fourth quarter earnings for Community Health Systems (NYSE: CYH) tumbled due to charge but the results were better than expected.
Bargain hunters lifted shares of Weatherford International (NYSE: WFT), whose stock price plunged yesterday after the company announced that it must restate financials going back to 2008 and possibly earlier.
On the downside
Central European Media Enterprises (Nasdaq: CETV) widened fourth quarter losses even as revenue rose.
DealerTrack Holdings (Nasdaq: TRAK) reversed year ago losses to post profit for the fourth quarter but the company forecast 2012 results below analyst expectations.
Shares of National Bank of Greece (NYSE: NBG) dropped after Fitch downgraded Greece's credit rating.
In the broad market, declining issues outpaced advancers by a margin of more than 3 to 2 on the NYSE and by 2 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks dropped 6 points to 816.
