Information provided by TheFlyonthewall.com
The tech sector was the worst performer in the S&P 500, under the weight of Apple's
) earnings miss and nearly 5% share price slide. However, the strong performances of Riverbed
), up 25%, and Juniper
), up 13%, were bright spots as the two announced a technology partnership and both reported results that beat expectations on both the top and bottom lines.
Among Dow components, Boeing
) and Caterpillar
) turned in better-than-expected
quarters and raised their full-year earnings guidance, giving a lift to their stocks and buoying the index.
Among other large caps reporting earnings, PepsiCo
), Edwards Lifesciences
), Eli Lilly
), ACE Limited
) and Thermo Fishe
) advanced, while Aflac
) and WellPoint
Among the notable gainers were InvenSense
), up 29%, after Goldman Sachs recommended buying shares aggressively following its quarterly report and guidance, and Ancestry.com
), up 14%, following a New York Times report last night that said the company is nearing a sale to take itself private with talks centered on a $35 to $39 per share buyout price. Among the noteworthy losers were RadioShack
), down 29%, as the company said business performed below expectations during Q2 and it suspended its dividend, and Netflix
), down 24%, following at least three downgrades after the company's Q2 results were better than expected but it warned it expects a loss in Q4 due to its next international market launch.