On the upside
MEMC Electronic Materials (NYSE: WFR) fell to a second quarter loss as margins tumbled but the results were better than expected.
Jefferies & Co. analyst Peter Misek wrote yesterday that Research in Motion (Nasdaq: RIMM) may engage in discussions to license its BB10 operating system to Samsung.
On the downside
Priceline.com (Nasdaq: PCLN) reported higher second quarter earnings but revenue missed expectations and the discount travel site forecast current quarter results below estimates. Williams Partners (NYSE: WPZ) priced its public offering of 8.5 million common units at the discounted price of $51.43 per unit.
UBS downgraded Verifone (NYSE: PAY) to a Neutral rating.
In the broad market, declining issues outpaced advancers by a margin of 9 to 7 on the NYSE and by more than 9 to 7 on Nasdaq. The Russell 2000 which tracks small cap stocks eased a fraction to 800.