October 30, 2007 at 17:30 PM EDT
Closing Bell Report

A drop in consumer confidence along with falling home prices sent the markets down to a lower close with the Dow tumbling 78 points to 13,792. Nasdaq eased a point to 2817.

On the upside

Shares of Genoptix (Nasdaq: GXDX) surged on its first trading day.

Under Armour (NYSE: UA) reported higher third quarter earnings that surpassed expectations and lifted its full year guidance.

Goodyear (NYSE: GT) swung to a profit for the third quarter despite a drop in sales as the world's largest tire maker completed the sale of its engineered products unit.

On the downside

While LCA-Vision (Nasdaq: LCAV) posted sharply higher third quarter income, revenue missed expectations and the company warned that fourth quarter results will fall far short of estimates.

Shares of WellCare (NYSE: WCG) extended its losses after New York State regulators initiated a review of the company's Medicaid contracts. The managed care services provider is already under investigation by the SEC, FBI, Department of Health and Human Services, and Florida's Medicaid Fraud Control unit.

Pitney Bowes (NYSE: PBI) disappointed with lower third quarter earnings and warned that fourth quarter results will fall short of expectations.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on both the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks dropped 6 points to 816.

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