On the upside
Bargain hunters lifted shares of Alpha Natural Resources (NYSE: ANR) whose stock price plunged yesterday after the coal producer widened second quarter losses more than expected.
J. P. Morgan upgraded Beazer Homes (NYSE: BZH) to an Overweight rating.
On the downside
Windstream (Nasdaq: WIN) reported sharply lower second quarter earnings even as revenue climbed. Acco Brands (NYSE: ACCO) reported higher second quarter earnings but the office products company forecast full year results below analyst expectations.
SunPower (Nasdaq: SPWR) narrowed second quarter losses and warned of losses for the current quarter.
In the broad market, advancing issues edged out decliners by a margin of nearly 5 to 4 on the NYSE and by more than 10 to 9 on Nasdaq. The Russell 2000 which tracks small cap stocks added 2 points to 802.