For Investors Only: Arctic Cat With Huge Miss

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Fifteen companies announced increased dividends/distributions, including CenterPoint Energy, from about 21 cents to about 24 cents. Nine companies reported increased dividends/distributions yesterday, including Crosstex Energy, LRR Energy, and Alliant Energy.

Arctic Cat misses by $0.44, misses on revs; Lowers FY14 EPS below consensus, revs in-line: Reports Q3 (Dec) earnings of $0.89 per share, $0.44 worse than the Capital IQ Consensus Estimate of $1.33; revenues rose 3.6% year/year to $225.8 mln vs the $239.38 mln consensus.

Lenovo Group Ltd has agreed to buy IBM Corp's server business for $2.3 billion as the Chinese PC giant grabs another piece of the computing world in a long-awaited deal.  This is China's biggest tech M&A to date.