On the upside
Shares of CryoLife (Nasdaq: CRY) continued to climb after the Food and Drug Administration approved the company's CryoPatch SG cardiac patch last week.
Oppenheimer upgraded Nanometrics (Nasdaq: NANO).
On the downside
Shares of Electronic Arts (Nasdaq: ERTS) fell after market research firm NPD Group reported that sales of video games dropped last month.
Apple's (Nasdaq: AAPL) iPhone 3GS was the top selling phone in Japan in July but the stock price dropped.
Charles Schwab (Nasdaq: SCHW) sued by New York Attorney General saying that the brokerage fim claimed deceived customers about the safety of auction rate securities.
Lowe's (NYSE: LOW) blamed the economy for modifying its expansion plans and forecast third quarter results that fell below estimates.
In the broad market, declining issues overwhelmed advancers by a margin of nearly 7 to 1 on the NYSE and by nearly 5 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks plunged 15 points to 548.
