On the upside
Southwest Airlines (Nasdaq: LUV) will add two direct flights to New York from Nashville and announced new low fare sales for flights nationwide.
Wolverwine Worldwide (NYSE: WWW) reported lower second quarter earnings that fell short of expectations but the shoemaker affirmed its full year forecast.
On the downside
Applied Materials (NYSE: AMD) blamed falling demand for cutting its full year revenue guidance and warning that earnings will fall short of expectations.
Mako Surgical (Nasdaq: MAKO) cut its full year revenue guidance due to lower than expected sales of its RIO surgical robot system.
Mattson Techology (Nasdaq: MTSN) lowered its second quarter sales and earnings outlook.
In the broad market, advancing issues outpaced decliners by a margin of 3 to 2 on the NYSE and by 9 to 7 on Nasdaq. The Russell 2000 which tracks small cap stocks added a point to 806.