On the upside
McDonald's (NYSE: MCD) posted flat U.S. October sales, but global revenues for the world's largest fast-food chain rose.
East West Bancorp (Nasdaq: EWBC) took over United Commercial Bank branches which were seized by regulators on Friday. East West also completed a $500 million capital raise through a private placement.
Revlon (NYSE: REV) arranged a $330 million credit facility to refinance its senior notes. An analyst promptly upgraded the stock.
An analyst upgraded Radio Shack (NYSE: RSH) after the electronics retail chain operator announced plans to sell the iPhone made by Apple (Nasdaq: AAPL).
On the downside
Chindex International (Nasdaq: CHDX) posted flat revenues and a small profit due to modest demand for its healthcare services.
Gray Television (NYSE: GTN) posted sharply lower revenues and a quarterly loss due to declining advertising dollars.
In the broad market, advancing issues outpaced decliners by a margin of 5 to 1 on the NYSE and by more than 3 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks rose 8 points to 589.
