On the upside
Third quarter earnings and revenue surged for AsiaInfo Holdings (Nasdaq: ASIA).
Revlon (NYSE: REV) surprised analysts by swinging to a profit on a continuing operations basis.
Carbo Ceramics (NYSE: CRR) reported third quarter earnings that surpassed analyst estimates by a wide margin.
On the downside
Central Pacific Financial (NYSE: CPF) reported a record quarterly loss due to charges.
CIT (NYSE: CIT) rejected billionaire investor Carl Icahn's loan offer to secure a new $4.5 billion credit facility.
K-SEA (NYSE: KSP) warned that it may fall out of compliance with some financial covenants and cut its quarterly dividend prompting a downgrade.
In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks jumped 13 points to 580.