It was a mixed close for the markets with the Dow adding 12 points to 10,537 due to a larger than expected drop in consumer confidence. Nasdaq lost 8 points to 2288.
On the upside
PrivateBancorp (Nasdaq: PVTB) reported a loss for the second quarter that was narrower than expected.
Second quarter earnings for Unisys (NYSE: UIS) more than tripled.
Ferro (NYSE: FOE) reversed year ago losses to post a second quarter profit as revenue climbed.
On the downside
Mindspeed Technologies (Nasdaq: MSPD) swung to a profit for the third quarter but the stock price tumbled.
Sanofi-Aventis requested that a district court order the Food and Drug Administration to withdraw its approval of Momenta's (Nasdaq: MNTA) generic version of Sanofi's blood thinner Lovenox.
Range Resources (NYSE: RRC) reversed year ago losses but the results missed expectations.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 4 on the NYSE and by more than 9 to 7 on Nasdaq. The Russell 2000 which tracks small cap stocks slipped 3 points to 662.
