Stocks edge higher, as European officials successfully wrapped up a new reduced spending plan for Greece. Mark Lasseigne has your stock market report on today's Acadiana Business Index.

  • U.S. Government officials have finalized settlement deal worth as much as $26 billion of alleged foreclosure abuses by lenders. The agreement covers five banks: Ally Financial, Bank of America, Citigroup, J.P. Morgan Chase, and Wells Fargo.
In corporate news,
  • PepsiCo declined 3.7% after giving a 2012 earnings outlook that was below current estimates.
  • Groupon plunged 14%.  The company reported a slight fourth-quarter loss.
  • And, Visa tacked on 3.7% after earnings and revenue exceeded forecasts.
  • Crude-oil settled at $99.84 a barrel.
  • And gold closed at $1,741 an ounce.