On the upside
ClickSoftware Technologies (Nasdaq: CKSW) reported higher second quarter earnings that topped estimates.
Bankrate (Nasdaq: RATE) will be taken private by Apax Partners in a deal valued at approximately $571 million.
Media General (NYSE: MEG) reversed year ago losses to post a profit in the second quarter despite sharply lower ad revenue.
On the downside
While United Airlines parent UAL (Nasdaq: UAUA) swung to a second quarter profit, the airliner warned that international capacity will be cut.
Although second quarter earnings for St. Jude (Nasdaq: STJ) rose, revenue dropped to fall short of estimates as sales of implantable cardioverter defibrillators slipped.
Whirlpool (NYSE: WHR) reported sharply lower second quarter earnings as revenue tumbled amidst falling consumer demand.
In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 3 on the NYSE and by nearly 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks added 3 points to 528.
