On the upside
While second quarter results dropped for Garmin (Nasdaq: GRMN), the results beat expectations by a wide margin.
Whole Foods Market (Nasdaq: WFMI) reported a unexpected increase in third quarter earnings and lifted its full year outlook.
Radian Group (NYSE: RDN) reversed year ago losses to post a profit for the second quarter.
On the downside
American Capital (Nasdaq: ACAS) widened second quarter losses and remains in default of $2.3 billion.
American Axle & Manufacturing (NYSE: AXL) reported a wider than expected loss for the second quarter as revenue tumbled.
Dean Foods (NYSE: DF) reported higher second quarter earnings but revenue fell to miss expectations.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the both the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks slipped 3 points to 566.
