On the upside
Panasonic will integrate Rovi's (Nasdaq: ROVI) DivX Plus Streaming technology into its UniPhier® series of digital television and Blu-ray Disc solutions.
Textron (NYSE: TXT) reported sharply higher second quarter earnings that surpassed analyst expectations by a wide margin as revenue climbed.
On the downside
Shares of U. S. Airways (NYSE: LCC) fell after AMR chief executive Tom Horton said that the bankrupt airliner was in no hurry to merge.
Investors locked in profits on Vivus (Nasdaq: VVUS) yesterday after the Food and Drug Administration approved the biopharmaceutical's obesity treatment Qsymia.
The Brazilian Agency of Telecommunications blocked the sale of new TIM Participacoes (NYSE: TSU) mobile lines in nineteen states.
In the broad market, advancing issues edged out decliners by a margin of more than 10 to 9 on the NYSE while decliners outpaced advancers by 9 to 7 on Nasdaq. The Russell 2000 which tracks small cap stocks slipped 2 points to 802.