On the upside
Chindex International (Nasdaq: CHDX) reversed year ago losses to post a profit for the first quarter.
Despite a drop in advertising revenue, E. W. Scripps (NYSE: SSP) impressed with an unexpected profit for the second quarter.
Genzyme (Nasdaq: GENZ) reopened its Boston facility but had to dispose of much of the material used to produce the enzyme disorder treatment Cerezyme.
On the downside
Raymond James analyst Samantha Panella downgraded Bebe Stores (Nasdaq: BEBE) saying that Bebe's pricier apparel does not appeal to consumer in the current economic slump.
Allied Capital (NYSE: ALD) narrowed second quarter losses but the results fell short of expectations.
TRW Automotive Holdings (NYSE: TRW) will offer 14 million common shares.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on the NYSE and by nearly 10 to 9 on Nasdaq. The Russell 2000 which tracks small cap stocks eased a fraction to 571.
