Lower Open Over Political Unrest In Greece

Greek citizens protested austerity measures sparking fears of political unrest as Greece grapples with a severe debt crisis. The markets opened sharply lower with the Dow tumbling 86 points to 11,989 while Nasdaq fell 17 points to 2661.

On the upside

Brean Murray initiated coverage of Boston Scientific (NYSE: BSX) with a Hold rating.

Several private equity firms have engaged in discussions to acquire DST Systems (NYSE: DST).

Shares of RiT Technologies (Nasdaq: RITT) continued climbing after announcing a strategic partnership with Samsung Fiber Optics yesterday.

On the downside

A majority of SunPower (Nasdaq: SPWRA) shareholders accepted Total's all-cash tender offer.

Capstone Turbine (Nasdaq: CPST) widened fourth quarter losses more than expected as expenses climbed.

Apple (Nasdaq: AAPL) agreed to pay a license fee to settle a patent dispute with Nokia (NYSE: NOK).

In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 4 points to 789.
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