On the upside
While third quarter earnings for Digital River (Nasdaq: DRIV) slipped, the results topped analyst estimates prompting an upgrade.
RehabCare Group (NYSE: RHB) will pay approximately $570 million to acquire Triumph Healthcare.
National Financial Partners (NYSE: NFP) reported sharply higher third quarter earnings that beat expectations.
On the downside
Jakks Pacific (Nasdaq: JAKK) announced a private placement of senior convertible notes to raise $85 million.
Conway (NYSE: CNW) reported sharply lower revenue and earnings that fell short of estimates.
Third quarter earnings for Charles River Laboratories (NYSE: CRL) fell as revenue dropped and the company lowered its full year guidance.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 4 on the NYSE while declining issues edged out advancers by more than 3 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks tumbled 7 points to 563.
