After a lackluster start to the day, stocks finished the day strong to end in positive territory. Earnings were generally solid, and there was little in the way of economic news. News out of Europe was also relatively quiet. The market continues to remain in bull mode.

The Manufacturing Equipment and Testing Stocks Index was the top performing tickerspy Index on the day, led by SmartHeat Inc (Nasdaq: HEAT - News) with a 23% gain. The Dry Bulk Shipping Stocks Index was the day's worst performing tickerspy Index, with Paragon Shipping (NYSE: PRGN - News) down -9%.

Stocks rose on the day, with the Dow up 33 points to 12,878. The Nasdaq advanced 2 points to 2,904, while the S&P added 3 points to 1,347. Oil climbed $1.50 to $98.41 a barrel, while gold jumped $23.50 to $1,748.40 an ounce.

In earnings news, Dow component Coca-Cola (NYSE: KO - News) said its fourth-quarter profit fell to $1.65 billion, or 72 cents per share, from $5.77 billion, or $2.46 per share, a year earlier, when it recorded a large one-time gain. On an adjusted basis, the company earned 79 cents a share. Revenue rose 5% to $11.04 billion. Analysts had expected a profit of 77 cents per share on sales of $10.99 billion. Shares of Coca-Cola rose 0.8%. Nearly 380 pros held Coca-Cola in their portfolios at the end of Q4 and nearly 2,300 tickerspy members own the stock in their portfolios.

Shares of Yum Brands (NYSE: YUM - News), the operator of the Pizza Hut, Taco Bell and KFC fast-food chains, advanced 2.6% after the company said its fourth-quarter profit rose 30% to $356 million, or 75 cents per share, from $274 million, or 56 cents per share, a year earlier. Revenue climbed 15% to $4.1 billion. Pizza Hut same-store sales increased 6%, while same-store sales at KFC fell -1%. Analysts had expected a profit of 74 cents per share on revenue of $4.04 billion.

Generic drug maker Perrigo (Nasdaq: PRGO - News) said its fiscal second-quarter profit rose 11% to $99.7 million, or $1.06 per share, from $90.2 million, or 97 cents per share, a year earlier. Revenue increased 17% to $838.2 million. On an adjusted basis, Perrigo earned $1.20. Analysts had expected a profit of $1.15 on revenue of $810.3 million. The company forecast a full-year adjusted profit of $4.70-$4.80. Analysts were expecting EPS of $4.73. Shares of Perrigo rose 1.3%.

Shares of consumer products maker Church & Dwight (NYSE: CHD - News) surged 5.4% after the company reported a fourth-quarter profit of $63.8 million, or 44 cents a share, compared with $47 million, or 32 cents a share, a year earlier. Revenue climbed 11% to $731.1 million. On an adjusted basis, the company earned 53 cents a share. Analysts had expected EPS of 51 cents on sales of $694.3 million. Thirty-three pros held Church & Dwight in their portfolios at the end of Q4 and 120 tickerspy members own the stock in their portfolios.

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