On the upside
Duke Energy selected Echelon (Nasdaq: ELON) to provide networking services in a deal that could potentially be worth $150 million.
A German newspaper reported that SAP may be exploring the possibility of acquiring Tibco Software (Nasdaq: TIBX).
Priceline.com (Nasdaq: PCLN) reported higher second quarter earnings and revenue that topped estimates as leisure travel increased.
On the downside
Triad Guaranty (Nasdaq: TGIC) widened second quarter losses by a wide margin.
General Steel Holdings (Nasdaq: GSI) widened second quarter losses even as revenue rose.
The Sunday Times reported that Lloyds (NYSE: LYG) may issue shares as a means to avoid utilizing the British government's asset protection plan.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE and by 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 3 points to 568.