On the upside
Western Refining (NYSE: WNR) retained the services of Goldman Sachs to explore strategic alternatives for specific assets and may sell its refinery in Yorktown, Virginia.
Citigroup analyst Mark Mahaney expects sales of Amazon's (NYSE: AMZN) electronic book reading device Kindle to match iPod's first year sales.
U. S. District Court judge Lewis A. Kaplan dismissed a class action lawsuit filed on behalf of Parmalat shareholders against Bank of America (NYSE: BAC) and Citigroup (NYSE: C).
On the downside
U. S. International Trade Commission judged Carl C. Charneski ruled that SiRF Technology (Nasdaq: SIRF) infringed on six patents held by Broadcom (Nasdaq: BRCM).
Second quarter earnings for Darling International (NYSE: DAR) more than doubled but the stock price plunged.
Coeur d'Alene Mines (NYSE: CDE) blamed higher expenses for swinging to a second quarter loss.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks jumped 17 points to 751.
