On the upside
Anika Therapeutics (Nasdaq: ANIK) received Health Canada approval for its knee drug treatment.
Dick's Sporting Goods (NYSE: DKS) posted higher revenues and slightly lower earnings that beat expectations while raising its full-year outlook.
Shares of American International Group (NYSE: AIG) rose after the beleaguered insurer created and filled a new CEO of Domestic Life and Retirement Services position.
On the downside
Sears Holdings (Nasdaq: SHLD) posted lower revenues and a loss that took investors by surprise.
Cerus Corporation (Nasdaq: CERS) priced a new shares and warrants offering. The company develops blood safety products.
An analyst downgraded PetSmart (Nasdaq: PETM) due to weak sales and falling margins.
In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by nearly 2 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks rose 3 points to 565.
