On the upside
Bucyrus International (Nasdaq: BUCY) reported sharply higher third quarter earnings that beat expectations by a wide margin.
Third quarter earnings for Capital One Financial (NYSE: COF) rose to surpass analyst estimates.
Compuware (Nasdaq: CPWR) reported higher second quarter earnings that topped estimates despite a drop in revenue.
On the downside
Third quarter earnings for Sunpower (Nasdaq: SPWRA) plunged prompting the solar power products maker to trim its full year guidance.
European regulators will review the multiple sclerosis drug Tysabri made by Elan (NYSE: ELN) and Biogen (Nasdaq: BIIB) after 23 reported cases of the brain infection progressive multifocal leukoencephalopathy.
MEMC Electronic Materials (NYSE: WFR) blamed plunging sales for swinging to a third quarter loss.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on both the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks dropped 8 points to 604.