On the upside
Global Industries (Nasdaq: GLBL) reported second quarter earnings that more than tripled.
Second quarter earnings for FUQI International (Nasdaq: FUQI) surged to surpass expectations by a wide margin as revenue soared more than 50%.
Canadian Solar (Nasdaq: CSIQ) reported an unexpected profit for the second quarter due to strong sales.
On the downside
Orthovita (Nasdaq: VITA) reported a loss for the second quarter.
Cantor Fitzgerald (Nasdaq: OCNF) downgraded OceanFreight after the marine transportation services company swung to a second quarter loss.
Second quarter earnings for MetroPCS (NYSE: PCS) tumbled to fall short of expectations as customer dropouts increased and customer additions slowed.
In the broad market, declining issues outpaced advancers by a margin of 5 to 4 on the NYSE and by nearly 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks slipped 3 points to 562.
