On the upside
The Minerals Management Service paid Callon Petroleum (NYSE: CPE) $44.7 million to refund the company for overpaying royalties at the Medusa Field in the Deepwater Region of the Gulf of Mexico.
Boeing (NYSE: BA) swung to a profit that topped estimates as revenue climbed.
Benchmark Capital analyst Edward Atorino upgraded Moody's (NYSE: MCO) and lifted his fourth quarter earnings estimate for the company.
On the downside
Fitch Ratings lowered U. S. Steel's (NYSE: X) rating to junk status saying that it will take the company a long time to return to profitability.
Toyota Motor (NYSE: TM) halted the sale and production of eight car models including the popular Camry and Corolla due to gas pedals that can stick and cause cars to accelerate without warning.
Shares of Barnes & Noble (NYSE: BKS) dropped after Apple (Nasdaq: AAPL) unveiled its new iPad without the rumored Barnes & Noble e-store.
In the broad market, declining issues edged out advancers by a margin of 10 to 9 on the NYSE while advancers outpaced decliners by more than 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks added 6 points to 618.
