On the upside
Car dealership operator Carmax (NYSE: KMX) posted higher 2nd quarter revenues and profits due to higher used car sales.
Carnival Corp. (NYSE: CCL) announced lower quarterly profits as revenues fell, but raised the outlook for booking volume of cruises.
Shares of Verichip (Nasdaq: CHIP) continued to rally after the company secured an exclusive license to patents to track biological viruses.
On the downside
ConAgra Foods (NYSE: CAG) posted lower 1st quarter revenues and profits.
Diedrich Coffee (Nasdaq: DDRX) announced higher 4th quarter revenues and a profit. Investors took profit following a powerful summer rally lifting coffee companies.
An analyst downgraded Great Atlantic & Pacific Tea Company (NYSE: GAP).
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by a margin of more than 2 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks added 4 points to 620.
