On the upside
Analysts upgraded General Electric (NYSE: GE) and raised their price targets for the company.
Blackstone Group (NYSE: BX) reversed year ago losses to post a better than expected profit for the third quarter.
Ocean Power Technologies (Nasdaq: OPTT) won a grant from the Australian government to build a wave energy project.
On the downside
Although a one time tax gain boosted third quarter earnings for Crocs (Nasdaq: CROX), the plastic shoe maker warned of greater than expected losses for the fourth quarter.
AIG (NYSE: AIG) reversed year ago losses to post a profit for the third quarter but warned of continued weakness.
Sunoco (NYSE: SUN) disappointed by swinging to a sharp loss for the third quarter due to weak margins.
In the broad market, declining issues outpaced advancers by a margin of 5 to 4 on the NYSE and and by nearly 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 3 points to 577.