Investors monitored rescue fund discussions to resolve the financial crisis in Europe. The markets traded mixed during the midday with the Dow rising 26 points to 11,733 while Nasdaq dropped 20 points to 2618.
On the upside
Express Scripts (Nasdaq: ESRX) reported higher third quarter earnings that beat analyst expectations as revenue rose.
Third quarter earnings surged for Manitowoc (NYSE: MTW) to top analyst estimates as demand increased for cranes.
Third quarter earnings for Medco Health Solutions (NYSE: MHS) slipped but the results were better than expected.
On the downside
Thermo Fisher Scientific (NYSE: TMO) reported lower third quarter earnings and trimmed its full year guidance.
RadioShack (NYSE: RSH) disappointed with sharply lower third quarter earnings that fell far short of expectations.
Third quarter earnings rose for Valassis Communications (NYSE: VCI) but revenue fell and the company lowered its full year outlook.
In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by more than 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks gained 4 points to 717.
