On the upside
Nokia (NYSE: NOK) partnered with China Mobile to introduce its Lumia 920T in China and announced the January launch of the Lumia 620 in Asia.
Peregrine Pharmaceuticals (Nasdaq: PPHM) reached an agreement with the Food and Drug Administration for the design of a Phase III trial of its brain cancer treatment Cotara.
On the downside
Mattress Firm Holding (Nasdaq: MFRM) reported better than expected third quarter earnings and revenue but the company forecast current quarter results below estimates and lowered its full year outlook.
Tibco Software (Nasdaq: TIBX) warned that fourth quarter and full year results will miss analyst expectations.
Third quarter earnings and revenue topped analyst estimates for Pandora Media (NYSE: P) but the online radio service warned of losses for the fourth quarter.
In the broad market, advancing issues edged out decliners by a margin of nearly 10 to 9 on the NYSE while decliners outpaced advancers by more than 10 to 9 on Nasdaq. The Russell 2000 which tracks small cap stocks slipped a point to 820.