• Share prices of tech major IBM (NYSE:IBM) rose by 3.35% after the company posted excellent earnings figure on Tuesday night
• Adtran Inc (NASDAQ:ADTN) increased 6.56% to end at $42.25 after the company posted an increased sales figures for the fourth quarter that came in above expectations
• Shares of Northern Trust Corp (NASDAQ:NTRS) had fallen by 5.6% while State Street Corp (NYSE:STT) fell 4.12%
• In other news, share prices of Janus Capital Group Inc (NYSE:JNS) fell by 4.36%, after Stifel Nicolaus downgraded from hold to buy rating
• A change of rating by Deutsche Bank from buy to hold has left shares prices to fall of United States Steel Corps (NYSE:X) at $52.09, a decline of 5.9%
• In other news, DepoMed Inc’s (NASDAQ:DEPO) fell considerably to $5.66 after a licensing dispute between Abbott Laboratories (NYSE:ABT) over a pain treatment
• Biotechnology firm Nektar Therapeutics’s (NASDAQ:NKTR) has reported sale of 19 million shares. Company share prices fell 7.34% before closing at $11.43
ABBOTT LABS (ABT): Free Stock Analysis Report
ADTRAN INC (ADTN): Free Stock Analysis Report
DEPOMED INC (DEPO): Free Stock Analysis Report
INTL BUS MACH (IBM): Free Stock Analysis Report
JANUS CAP GRP (JNS): Free Stock Analysis Report
NEKTAR THERAP (NKTR): Free Stock Analysis Report
NORTHERN TRUST (NTRS): Free Stock Analysis Report
STATE ST CORP (STT): Free Stock Analysis Report
UTD STATES STL (X): Free Stock Analysis Report
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