On the upside
Radian Group (NYSE: RDN) reported lower mortgage delinquencies and $3.75 billion in new insurance in August.
Men's Wearhouse (NYSE: MW) reported higher second quarter earnings that topped analyst estimates.
On the downside
Warner Chilcott (Nasdaq: WCRX) priced a secondary offering of more than 42.8 million common shares owned by Bain Capital, J. P. Morgan, and Thomas H. Lee. OCZ Technology Group (Nasdaq: OCZ) lowered its second quarter revenue guidance prompting downgrades.
Third quarter earnings rose for Verifone (NYSE: PAY) but fell short of estimates and the company forecast current quarter revenue that missed expectations.
In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 1 on the NYSE and by nearly 7 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks climbed 9 points to 830.