On the upside
Second quarter earnings and revenue dropped for Altera (Nasdaq: ALTR) but the results beat expectations by a wide margin.
InvenSense (NYSE: INVN) reported lower first quarter earnings but revenue rose to top estimates.
On the downside
RF Micro Devices (Nasdaq: RFMD) fell to a loss for the first quarter as revenue dropped.
WellPoint (NYSE: WLP) disappointed with lower second quarter earnings that fell short of expectations and cut its full year guidance.
RadioShack (NYSE: RSH) fell to an unexpected loss for the second quarter even as revenue rose and suspended its dividend.
In the broad market, advancing issues were on par with decliners on the NYSE and while advancers outpaced decliners by more than 7 to 5 Nasdaq. The Russell 2000 which tracks small cap stocks edged up a point to 769.