On the upside
The Food and Drug Administration approved Oculus Innovative Sciences' (Nasdaq: OCLS) skin and wound gel Microcyn as a prescription treatment as well as an over the counter treatment.
Samsung and SanDisk (Nasdaq: SNDK) renewed their cross license agreement for seven years.
On the downside
Highwoods Properties (NYSE: HIW) will offer 6.1 million shares of common stock at $21.50 per share.
Origin Agritech (Nasdaq: SEED) widened second quarter losses as revenue dropped.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 4 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The Russell 2000 which tracks small cap stocks eased a fraction to 499.
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