On the upside
Goldman Sachs analyst Matthew Fassler lifted his earnings estimate for Sonic Automotive(NYSE: SAH).
Saks Fifth Avenue (NYSE: SKS) will open a store in the Plaza Internacional in Puerto Rico.
An election victory for India's Congress Party lifted shares of Sterlite Industries India (NYSE: SLT).
Goldman Sachs analyst Richard Ramsden upgraded Bank of America (NYSE: BAC) to a Buy rating.
BMO Capital Markets analyst Peter Winter upgraded U.S. Bancorp (NYSE: USB) to Outperform.
Shares of OceanFreight (Nasdaq: OCNF) rose ahead of its earnings release after market close tomorrow.
In the broad market, advancing issues outpaced decliners by a margin of 6 to 1 on the NYSE and by more than 4 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks jumped 18 points to 494.
