On the upside
Waste Management (NYSE: WMI) raised its bid to acquire rival Republic Services (NYSE: RSG) to $6.7 billion making its harder for the latter to acquire Allied Waste Industries (NYSE: AW).
AgFeed Industries (Nasdaq: FEED) posted higher 2nd quarter earnings as the Chinese animal feed maker and pork producer raised its guidance for the rest of the year.
VeriChip Corp. (Nasdaq: CHIP), which makes radio-frequency identification systems, announced a one-time dividend from the sale of its Xmark subsidiary.
On the downside
Oil and gas producer Petrohawk Energy (NYSE: HK) announced a 25 million share offering.
Shares of Fuel Systems Solutions (Nasdaq: FSYS) gave up some of its gains from Friday's rally after reporting better than expected results.
Shares of Basin Water (Nasdaq: BWTR) tumbled after the water treatment company disclosed an accounting review.
In the broad market, declining issues outpaced advancers by a narrow margin on the NYSE, but were edged out by a slim margin on Nasdaq. The
Russell 2000 which tracks small cap stocks held steady at 734.
