On the upside
Delta Air Lines (NYSE: DAL) chief executive Richard Anderson said yesterday that annual profit is expected to surge to $1.6 billion.
Zagg (Nasdaq: ZAGG) announced a $10 million stock repurchase plan.
On the downside
Shares of Molycorp (NYSE: MCP) continued falling after announcing the sudden departure of chief executive Mark Smith yesterday.
Basic Energy Services (NYSE: BAS) reported a drop in November rig utilization rate from 72% last year to 62% this year.
Deutsche Bank analyst Chris Whitmore downgraded Lexmark (NYSE: LXK) to a Sell rating.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 index fell 9 points to 1419.