Disappointing guidance from Tech Data and the latest controversy at Google kept tech stocks from closing in the green on Wednesday.
Shares of Tech Data fell 11% after the company posted fourth-quarter earnings and sales that beat Wall Street estimates, but then warned that first quarter results will come in below forecasts. Factors Associated With Poor Weight Loss After Gastric Bypass ::
Twelve-month follow-up data were available for 310 of the patients, A new hi -tech method takes the guesswork out of cardiovascular surgery.
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The IT distribution company's earnings of 72 cents a share were a nickel better than expected, and sales of $5.53 billion were also better than expected.
But the company's first-quarter forecast of 28-34 cent earnings on sales of $4.85-$4.95 billion was well below expectations.
Google, meanwhile, fell 3% after a couple of gaffes from its analyst meeting last week had investors questioning the company's judgment. MI data suggests weight-loss surgery getting safer - FierceHealthcare::
Jun 20, 2008 A recent analysis of registry data found that deaths and serious complications are rare. The registry data also suggests that weight loss
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Blue chip stocks posted modest gains Wednesday, helped by falling oil prices and interest rates.
The Nasdaq slipped 1 to 2267, the S&P 500 added 2 to 1278, and the Dow gained 25 to 11,005. Volume rose to 2.44 billion shares on the NYSE, and 2.14 billion on the Nasdaq. Decliners led 16-15 on the NYSE, and 15-14 on the Nasdaq. Upside volume was 52% on the NYSE, and 46% on the Nasdaq. New highs-new lows were 73-62 on the NYSE, and 76-63 on the Nasdaq. MS, Google and Other Big Names Throw Their Weight Behind OpenID ::
Feb 7, 2008 The foundation announced that representatives from Google, IBM, Microsoft, Stay connected with Wired Mobile: Tech News, Gadget Reviews,
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Lexar soared 24% on a buyout offer from Micron.
Covansys gained 8% on its results, and Lattice Semi climbed 8% after reaffirming guidance.
The NYSE surged 24% in its debut as a public company.
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Tech Data, Google Weigh on Techs 
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