On the upside
Psychiatric Solutions (Nasdaq: PSYS) reported higher first quarter earnings as patient services rose.DreamWorks Animation (Nasdaq: DWA) impressed with first quarter earnings that more than doubled to surpass expectations by a wide margin.
Sunrise Senior Living (NYSE: SRZ) signed a twelfth amendment to its credit facility.
On the downside
Although first quarter earnings for Aetna (NYSE: AET) rose, unexpected costs weighed down shares of the managed care company.
Total System Services (NYSE: TSS) disappointed with lower first quarter earnings as revenue fell and announced that it will sell its TSYS Debt Management subsidiary.
In the broad market, advancing issues outpaced decliners by a margin of nearly 6 to 1 on the NYSE and by more than 7 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks jumped 16 points to 489.