On the upside
Starboard Value acquired a 15.9% stake in Quantum (NYSE: QTM).
Alpha Natural Resources (NYSE: ANR) fell to a loss for the third quarter but the results were better than expected. On the downside
Prospect Capital (Nasdaq: PSEC) priced its public offering of 35 million common shares.
The Active Network (NYSE: ACTV) widened third quarter losses and forecast current quarter revenue below expectations.
Alcatel-Lucent (NYSE: ALU) disappointed with a greater than expected loss for the third quarter.
In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE and by nearly 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 4 points to 823.