On the upside
Quanta Services (NYSE: PWR) reported sharply higher third quarter earnings that nearly doubled to surpass analyst expectations by a wide margin.
HMS Holdings (Nasdaq: HMSY) will repurchase up to $50 million worth of common shares. On the downside
Impax Laboratories (Nasdaq: IPXL) reported higher third quarter earnings and revenue but both fell short of analyst expectations.
QEP Resources (NYSE: QEP) fell to a loss for the third quarter as revenue dropped and the company forecast full year gas production below estimates.
Lender Processing Services (NYSE: LPS) reported higher third quarter earnings but announced that it will pay $1.8 million to Colorado to settle allegations that the company used unauthorized signatures on mortgage related documents.
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 5 on the NYSE while and by nearly 5 to 4 on Nasdaq. The Russell 2000 which tracks small cap stocks gained 5 points to 818.