On the upside
Gentium (Nasdaq: GENT) reported upbeat results from its hepatic veno-occlusive disease treatment.
FBR Capital upgraded FelCor Lodging Trust (NYSE: FCH).
Sprint Nextel (NYSE: S) introduced its HTC Evo 4G Android smartphone.
On the downside
Sonic (Nasdaq: SONC) disappointed with a second quarter loss as sales dropped.
Commercial Metals (NYSE: CMC) widened second quarter losses by a greater than expected amount.
2009 income for China Unicom (NYSE: CHU) plunged to fall short of expectations.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by nearly 2 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks slipped 2 points to 687.
