On the upside
JB Hunt (Nasdaq: JBHT) reported higher third quarter earnings as revenue rose to top analyst estimates.
McMoRan Exploration (NYSE: MMR) declared a quarterly cash dividend on preferred stocks payable on November 15, 2012 to shareholders of record November 1, 2012.
On the downside
Ryan & Maniskas filed a class action lawsuit against OCZ Technology Group (Nasdaq: OCZ) alleging securities law violations.
Infosys (Nasdaq: INFY) reported higher second quarter earnings but revenue fell short of expectations and the company cut its earnings guidance for year.
Bank of America/Merrill Lynch downgraded Liquidity Services (Nasdaq: LQDT) to a neutral rating.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on both the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks dropped 7 points to 822.