On the upside
Gafisa (NYSE: GFA) swung to an unexpected profit for the second quarter.
Bally Technologies (NYSE: BYI) reported higher fourth quarter earnings that topped analyst estimates.
On the downside
The Wall Street Journal reported that ATP Oil (Nasdaq: ATPG) may file for bankruptcy protection soon. DG (Nasdaq: DGIT) disappointed with sharply lower second quarter earnings that fell short of expectations.
Profit taking sent shares of Delek (NYSE: DK) tumbling.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE while decliners edged out advancers by nearly 9 to 7 on Nasdaq. The Russell 2000 which tracks small cap stocks eased a point to 801.