Wall Street edged higher after European leaders signaled progress toward an agreement on a second bailout for Greece. Mark Lasseigne fills you in on today's Acadiana Business Index.

  • European finance officials said they are near agreement on a roughly $170 billion bailout for Greece.
In corporate news,
  • H.J. Heinz tacked on 4.5% after the food company reported better-than-expected quarterly earnings and revenue, and provided an upbeat full-year earnings outlook.
  • General Mills fell 3.6% after it indicating earnings would be below estimates and lowered its full-year outlook, citing weak volumes across the U.S.
  • Crude-oil closed at a nine month high at $103.24 a barrel.
  • Gold closed at $1,728 an ounce.
  • Markets will be closed on Monday for President’s Day.