On the upside
Although Agilent Technologies (NYSE: A) swung to a loss for the third quarter, the results topped estimates and the testing instrument maker forecast strong results for the fourth quarter.
Dawson James initiated coverage of Oculus Innovative Sciences (Nasdaq: OCLS) with a Buy rating after the company launched its Microcyn Skin and Wound Cleanser product.
Tower Group (Nasdaq: TSEM) is positioning its SiGe solution to replace GaAs components.
On the downside
Wedbush Morgan analyst Michael Pachter expects GameStop (NYSE: GME) to report lower than expected second quarter results and to lower its outlook for the year.
Delphi Financial (NYSE: DFG) will offer 3 million shares of common stock at $21 per share.
Simcere Pharmaceutical (NYSE: SCR) reported sharply lower second quarter earnings as revenue fell.
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 2 on the NYSE and by 3 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks gained 8 points to 557.
