On the upside
The Food and Drug Administration approved HeartWare International's (Nasdaq: HTWR) battery-powered Ventricular Assist System for implanting into heart failure patients.
Dycom Industries (NYSE: DY) will pay approximately $275 million in cash to acquire Quanta Services' telecommunications subsidiaries.
On the downside
A Seeking Alpha contributor recommended selling Arch Coal (NYSE: ACI).
Trina Solar (NYSE: TSL) widened third quarter losses more than expected as revenue tumbled.
Bayer abandoned its efforts to acquire Schiff Nutrition (NYSE: SHF) after Reckitt made a higher offer for the nutritional supplement company.
In the broad market, advancing issues outpaced decliners by a margin of 9 to 7 on the NYSE while decliners edged out advancers by a margin of 10 to 9 on Nasdaq. The Russell 2000 which tracks small cap stocks edged up a fraction to 793.