On the upside
LDK Solar (NYSE: LDK) lifted its revenue and shipment outlooks for the second quarter.
Analysts upgraded RadioShack (NYSE: RSH) citing improvements to the company's wireless business.
Con-way (NYSE: CNW) reported second quarter earnings that beat expectations prompting an upgrade.
On the downside
Morgan Keegan analyst Tavis C. McCourt downgraded Premiere Global Services (NYSE: PGI) after the company reported lower second quarter earnings.
Ashland (NYSE: ASH) reported lower preliminary earnings that fell short of expectations.
Western Alliance Bancorporation (NYSE: WAL) swung to a second quarter loss.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 9 to 7 on Nasdaq. The Russell 2000 which tracks small cap added 2 points to 548.
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