1:00 PM New York – Allegheny Technologies Incorporated led the decliners in the S&P 500 index with a loss of 8.3%. 3M Company gained on earnings. AT&T advanced after it reported flat quarterly net. eBay decreased on lower than expected revenues. JetBlue swung to a profit.

Of the stocks in S&P 500 index, 109 increased, 380 declined and 11 were unchanged.

Allegheny Technologies Incorporated led the decliners in the S&P 500 index with a loss of 8.3% followed by losses in Advanced Micro Devices, Inc of 3.5%, in American International Group, Inc of 1.4%, in Amphenol Corporation of 2.5% and in Apache Corporation of 2.5%.

The New York Times Company led gainers in the S&P 500 index with a rise of 17.1% followed by gains in The PNC Financial Services Group, Inc 8.5%, in MetroPCS Communications, Inc of 6.9 % and in Kimberly-Clark Corporation of 5.7%.

Other Movers

3M Company (MMM) rose 1.8% or $1.41 to $77.74 after the diversified technology company reported third quarter sales fell 5.6% to $6.19 billion from $6.56 billion a year ago. Net income in the quarter fell 3.4% to $957 million or $1.35 per diluted share compared to net income of $991 million or $1.41 per share a year ago.

1-800-Flowers.com (FLWS) added 2.9% or 13 cents to $4.59 after the florist and gift shop reported first quarter revenues fell 20% to $108.3 million from $135.4 million a year ago. Net loss in the quarter was $7.3 million or 11 cents per diluted share compared to net loss of $5.3 million or 8 cents per share a year ago.

Affymetrix, Inc (AFFX) plunged 9.7% or 86 cents to $8.00 after the maker of genetic analysis technology said third quarter revenues rose 4% to $78.2 million from $75.2 million a year ago. Net loss in the quarter was $8.8 million or 13 cents per diluted share compared to net loss of $31.8 million or 46 cents per share a year ago.

Alliance Data Systems Corporation (ADS) decreased 6.3% or $4.26 to $63.00 after the credit card processor said third quarter revenues fell 5.5% to $483.2 million from $511.2 million a year ago. Net income in the quarter fell 29.3% to $45.8 million or 83 cents per diluted share compared to net income of $64.8 million or 93 cents per share a year ago.

Alaska Air Group, Inc (ALK) declined 3.8% or $1.06 to $26.54 after the airline operator reported third quarter revenues fell 9% to $967.4 million from $1.07 billion a year ago. Net income in the quarter was $87.6 million or $2.46 per diluted share compared to net loss of $86.5 million or $2.40 per share a year ago.

AT&T Inc (T) rose 1.7% or 45 cents to $26.39 after the telecommunications provider reported third quarter revenues fell 1.5% to $30.86 billion from $31.34 billion a year ago. Net income in the quarter fell 1.2% to $3.19 billion or 54 cents per diluted share compared to net income of $3.23 billion or 55 cents per share a year ago.

Bristol-Myers Squibb Company (BMY) declined 1.6% or 37 cents to $22.32 after the drugmaker reported third quarter sales rose 4.6% to $5.49 billion from $5.25 billion a year ago. Net income in the quarter fell 62.6% to $966 million or 48 cents per diluted share compared to net income of $2.58 billion or $1.28 per share a year ago.

Bunge Limited (BG) decreased 4.3% or $2.93 to $63.97 after the oilseed processor and fertilizer producer reported third quarter sales fell 23.6% to $11.3 billion from $14.8 billion a year ago. Net income in the quarter rose 8% to $232 million or $1.62 per diluted share compared to net income of $215 million or $1.70 per share a year ago.

Cohu, Inc (COHU) added 5.7% or 69 cents to $12.75 after the manufacturer of test handling and burn-in related equipment said third quarter sales fell 8% to $44.1 million from $48 million a year ago. Net loss in the quarter was $71,000 or break even per diluted share compared to net income of $37,000 or break even per share a year ago.

Conmed Corporation (CNMD) advanced 6.1% or $1.38 to $23.94 after the medical technology company reported third quarter sales fell 2.2% to $175.5 million from $179.4 million a year ago. Net income in the quarter fell 86.6% to $1.3 million or 4 cents per diluted share compared to net income of $9.7 million or 33 cents per share a year ago.

eBay Inc (EBAY) declined 4.5% or $1.13 to $25.03 after the provider of online marketplaces said third quarter revenues rose 5.7% to $2.24 billion from $2.12 billion a year ago. Net income in the quarter fell 29% to $349.7 million or 27 cents per diluted share compared to net income of $492.2 million or 38 cents per share a year ago.

Equifax Inc (EFX) dropped 3.1% or 90 cents to $27.55 after the provider of information solutions said third quarter sales fell 6.7% to $451.9 million from $484.1 million a year ago. Net income in the quarter fell 17.4% to $59.7 million or 47 cents per diluted share compared to net income of $72.3 million or 56 cents per share a year ago.

Fifth Third Bancorp (FITB) climbed 2.0% or 21 cents to $10.32 after the finance company reported third quarter net interest income fell 18% to $874 million from $1.07 billion a year ago. Net loss in the quarter was $159 million or 20 cents per diluted share compared to net loss of $81 million or 14 cents per share a year ago.

Goodrich Corporation (GR) increased 3.8% or $2.09 to $56.74 after the supplier of aerospace components reported third quarter sales fell 6.8% to $1.65 billion from $1.77 billion a year ago. Net income in the quarter fell 13.5% to $145.4 million or $1.14 per diluted share compared to net income of $168 million or $1.32 per share a year ago.

Huntington Bancshares Incorporated (HBAN) slipped 1.9% or 9 cents to $4.22 after the finance company reported third quarter net interest income fell 6.6% to $362.8 million from $388.6 million a year ago. Net loss in the quarter was $195.4 million or 33 cents per diluted share compared to net income of $63 million or 17 cents per share a year ago.

JetBlue Airways Corporation (JBLU) fell 5.0% or 29 cents to $5.45 after the passenger airline reported third quarter revenues fell 5.3% to $854 million from $902 million a year ago. Net income in the quarter was $15 million or 5 cents per diluted share compared to net loss of $8 million or 3 cents per share a year ago.