On the upside
BMO Nesbit Burns analyst Brian Piccioni lifted his price target for Ballard Power Systems(Nasdaq: BLDP).
Frontier Financail (Nasdaq: FTBK) will continue to participate in the Federal Deposit Insurance Corporation's voluntary Transaction Account Guarantee program.
Shares of Cytokinetics (Nasdaq: CYTK) rose on rumors that Amgen (Nasdaq: AMGN) may acquire the company.
On the downside
Shares of Chinese online video game company Shanda Games (Nasdaq: GAME) tumbled on its first day of trading.
Pennsylvania's Department of Environmental Protection ordered Cabot Oil and Gas (Nasdaq: COG) to discontinue its "fracking" drilling process in Susquehanna County.
A disappointingly small gain in new home sales weighed down shares of Ryland Group (NYSE: RYL).
In the broad market, declining issues outpaced advancers by a margin of 5 to 4 on the NYSE and by more than 9 to 7 on Nasdaq. The Russell 2000 which tracks small cap stocks slipped 2 points to 598.
