On the upsideBarnes & Noble (NYSE: BKS) posted a narrow quarterly loss, but the results of the nation's largest book retailer were better than expected as full-year profits remained within reach.
Limited Brands (NYSE: LTD) posted lower revenues and profits, but the results beat expectations. The operator of Victoria's Secret and other clothing and personal care products store also offered a higher outlook for the year.
On the downside
GameStop (NYSE: GME) reported record sales and profits for the latest quarter, but investors focused on lower same-store sales of video games.
Shares of Alabama-based Regions Financial (NYSE: RF) continued to slide after selling new stock at only $4 a share. Shares of Fifth Third Bancorp (Nasdaq: FITB) also lost ground.
Apparel retailer Hot Topic (Nasdaq: HOTT) lowered its outlook for the current quarter.
In the broad market, declining issues outpaced advancers by a margin of more than 3 to 1 on the NYSE and by a margin of nearly 3 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 5 points to 484.