On the upside
Facet (Nasdaq: FACT) received an acquisition offer of approximately $355 million from Biogen Idec.
Esterline Technologies (NYSE: ESL) reported higher third quarter earnings and lifted its full year guidance.
Las Vegas Sands (NYSE: LVS) will sell $600 million worth of bonds.
On the downside
American International Group (NYSE: AIG) delayed the announcement of the purchaser of itsTaiwan Nan Shan Life business.
The Food and Drug Administration approved the expanded use of Spectrum Pharmaceuticals' (Nasdaq: SPPI) cancer treatment Zevalin but analyst alreadly anticipated the approval.
Ford (NYSE: F) settled a toxic waste lawsuit alleging that the automaker dumped paint sludge and other toxic materials in northern New Jersey.
In the broad market, advancing issues outpaced decliners by a margin of 4 to 1 on the NYSE and by nearly 3 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks gained 8 points 570.
