Despite a greater than expected drop in jobless claims, the markets closed lower with the Dow dropping 73 points to 15,545 over continued concerns about the economic recovery. Nasdaq lost 10 points 3919.
On the upside
Zeltiq Aesthetics (Nasdaq: ZLTQ) narrowed third quarter losses more than expected as revenue surged prompting the company to lift its full year revenue guidance.
ShoreTel (Nasdaq: SHOR) narrowed first quarter losses more than expected as revenue rose.
GrafTech International (NYSE: GTI) fell to a loss for the third quarter but the results were better than expected.
On the downside
Meson Capital Partners published an investigative research report saying the Odyssey Marine Exploration (Nasdaq: OMEX) has deceived shareholders.
Boyd Gaming (NYSE: BYD) fell to an unexpected loss for the third quarter.
Weight Watchers (NYSE: WTW) reported lower third quarter earnings and revenue, warned of a challenging year for 2014 and suspended its quarterly dividend.
In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 lost 6 points to 1756.
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