Encore Capital ( ECPG) plunged after per-share earnings in the fourth quarter fell to 28 cents from 32 cents a year ago, owing to 27% higher expenses year over year to $48.2 million. Profits topped Thomson Financial's 20-cents-a-share estimates, but shares were still down 75 cents, or 7.3%, to $9.50.

IndyMac Bancorp ( NDE) slid after predicting that 2007 will be a "down year" for its bottom line, which in full-year 2006 was $4.82 a share. Analysts are seeking $4.32 a share for the coming year. Shares of the California-based bank were off $1.50, or 4.4%, to $32.83.

Alliance Bernstein ( AB) fell after a clerical error related to class-action claims processing (on behalf of clients) deflated fourth-quarter profits by 21 cents a share -- a steeper amount than the 15-cent figure it estimated last month. The asset-management firm believes the charge "will ultimately be recovered from residual settlement proceeds and insurance," but shares were losing $2.61, or 3%, to $83.19.

Eaton Vance ( EV) rose after a J.P. Morgan analyst upped the asset-management firm to neutral from underweight, pointing to robust fund sales and shareholder returns. Shares were adding 67 cents, or 1.9%, to $35.35.

Sterling Financial's ( STSA) rating was raised to accumulate from market perform by an analyst with Punk Ziegel. The Washington-based bank was trading up 89 cents, or 2.7%, to $33.78.

If you liked this article you might like

Lackluster Finish for U.S. Stocks

Lackluster Finish for U.S. Stocks

Stocks Continue to Waver at the Flat Line

Stocks Continue to Waver at the Flat Line

Oil Slides as Stocks Post a Mixed Showing

Oil Slides as Stocks Post a Mixed Showing

Stocks Flutter Near the Flat Line

Stocks Flutter Near the Flat Line

Wall Street Falls Amid Inflation Talk

Wall Street Falls Amid Inflation Talk