On the upside
Tower Semiconductor (Nasdaq: TSEM) and Intersel (Nasdaq: ISIL) entered a joint development deal for a next generation power management technology.
Aegean Marine Petroleum (NYSE: ANW) reported higher third second quarter earnings that beat expectations by a wide margin despite a drop in revenue.
J.P. Morgan analyst Andrew Wessel upgraded Assured Guaranty (NYSE: AGO) saying that the company's losses from morgages are manageable.
On the downside
Fortress International Group (Nasdaq: FIGI) disappointed with lower second quarter revenue and income.
While URS (NYSE: URS) reported sharply higher second quarter earnings that topped estimates, the company forecast full year results that fell short of expectations.
Xinhua Sports & Entertainment (Nasdaq: XSEL) swung to a second quarter loss.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 4 on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The Russell 2000 which tracks small cap stocks eased a fraction to 572.
