On the upside
Credit Suisse upgraded Enerplus (NYSE: ERF) to an Outperform rating.
A Seeking Alpha contributor listed City Telecom (Nasdaq: CTEL) as one of three undervalued small cap technology stocks with strong earnings.
On the downside
ADTRAN (Nasdaq: ADTN) disappointed with lower second quarter earnings and revenue that fell short of analyst expectations.
Hhgregg (NYSE: HGG) cut its full year guidance and forecast first quarter results below estimates.
The Financial Post reported that Best Buy (NYSE: BBY) in Canada would open smaller stores and expand its merchandise offering to include clothing and kitchenware.
In the broad market, advancing issues outpaced decliners by a margin of 5 to 4 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The Russell 2000 which tracks small cap stocks slipped 2 points to 792.