Shares of THQ (Nasdaq: THQI) in late afternoon trading on cautious optimism that the gaming company may secure some financing.
Goldman Sachs upgraded HDFC Bank (NYSE: HDB) which also boosted other Indian banks like ICICI Bank (NYSE: IBN) .
Shares of China HGS Real Estate (Nasdaq: HGSH) set new 52-week highs to lead the real estate sector.
On the downside
Supervalue (NYSE: SUV) confirmed that it was reviewing strategic options after a private equity firm reported problems securing the necessary funds for a leveraged buyout of the grocery chain.
Barnes & Noble (NYSE: BKS) posted 2nd quarter profits, but digital content sales slowed due to increased competition.
Shares of Zynga (Nasdaq: ZNGA) fell afterhours after the online gaming company disclosed new terms for its relationship with Facebook (NYSE: FB).
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks rose 9 points to close at 823.