On the upside
Shares of Ulta Salon, Cosmetics & Fragrance (Nasdaq: ULTA) surged in its market debut.
Third quarter earnings for Sybase (NYSE: SY) soared on strong sales from its messaging unit.
Black & Decker (NYSE: BDK) blamed a weak market along with higher commodity prices for third quarter earnings that slipped but managed to surpass expectations.
On the downside
Although third quarter earnings for Vasco Data Secutiry (Nasdaq: VDSI) rose, the results fell short of expectations.
FormFactor (Nasdaq: FORM) delayed release of its third quarter results until the completion of an inventory review.
While Cummins (NYSE: CMI) reported higher third quarter earnings, the results missed expectations.
In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE while deliners outpaced advancers by 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks fell 5 points to 806.