On the upside
Citi Investment Research analyst Jim Suva upgraded Jabil Circuit (NYSE: JBL) saying that revenue and margin will grow over the next two years.
ExpressJet Holdings (Nasdaq: XIDE) will increase it stock repurchase program by $10 million.
Las Vegas Sands (NYSE: LVS) submitted an application to be listed on the Hong Kong Stock Exchange.
On the downside
Shares of Anika Therapeutics (Nasdaq: ANIK) tumbled as investors locked in profits. The stock price surged yesterday after Canadian regulators approved the company's injectable treatment for osteoarthritis of the knee.
Brocade Communications Systems (Nasdaq: BRCD) swung to a loss for the third quarter due to legal fees.
E-Trade (Nasdaq: ETFC) will exchange approximately $1.74 billion in senior notes for new convertible debt.
In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 1 on the NYSE and by more than 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks leaped 12 points to 581.
