On the upside
Zipcar (Nasdaq: ZIP) reported higher third quarter earnings and revenue that surpassed analyst expectations.
Lions Gate Entertainment (NYSE: LGF) swung to a profit for the second quarter that exceeded expectations by a wide margin as revenue nearly doubled. On the downside
Walt Disney (NYSE: DIS) reported higher fourth quarter earnings and revenue but the entertainment company warned of lower advertising revenue at ESPN in the current quarter.
The Securities and Exchange Commission launched an investigation into the accuracy of Molycorp's (NYSE: MCP) disclosures.
Enerplus (NYSE: ERF) fell to a loss for the third quarter and warned of slowing growth in 2013.
In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 the NYSE and by nearly 5 to 4 on Nasdaq. The Russell 2000 which tracks small cap stocks added 2 points to 796.