than-expected demand growth. On Nasdaq, chip maker Intel Corp. climbed 0.5 percent to $23.92 and Cisco Systems Inc., whose equipment helps direct Internet traffic, rose 0.7 percent to $17.42 after Smith Barney added the companies to its focus list. Smith Barney also raised its sector weighting on semiconductors and semiconductor equipment group. The Philadelphia Stock Exchange semiconductor index was up nearly 3 percent. Federated Department Stores Inc. fell 2.3 percent to $55.39 after the parent of Macy's and Bloomingdale's said first quarter earnings could come below average analyst expectations. Shares of oil and gas producer Kerr-McGee Corp. rose 5.7 percent to $74.51 after news on Friday that billionaire financier Carl Icahn and one of his funds plan to acquire up to $1 billion in the company's stock. The Conference Board's gauge of consumer confidence fell to 104.0 in February from a revised 105.1 in January. The index was above economists' forecast for reading of 102.9.
