12:10 PM New York – CBS Corporation led gainers in the S&P 500 index with a rise of 22.9%. AIG quarter returns to net profit. Chiquita Brands and Crocs Inc results beat estimates.

Of the stocks in S&P 500 index, 442 increased, 52 declined and 6 were unchanged.

VeriSign, Inc led the decliners in the S&P 500 index with a loss of 7.6% followed by losses in MBIA Inc of 5.4%, in Pepco Holdings, Inc of 5.2%, in Affiliated Computer Services, Inc of 2.6% and in MetroPCS Communications, Inc of 2.2%.

CBS Corporation led gainers in the S&P 500 index with a rise of 22.9% followed by gains in American International Group, Inc 12.3%, in Monster Worldwide, Inc of 8.5% and R.R. Donnelley & Sons Company of 8.1%.

Other Movers

The AES Corporation (AES) added 3.5% or 46 cents to $13.60 after the power company reported second quarter revenues fell 14.6% to $3.5 billion from $4.1 billion a year ago. Net profit in the quarter fell 66.4% to $303 million or 45 cents per diluted share compared to net income of $903 million or $1.31 per share a year ago.

Allianz SE (AZ) fell 0.5% or 6 cents to $10.70 an integrated financial service provider reported first-half revenues rose 2.9% to €49.9 billion from €48.5 billion a year ago. Net profit in the first-half fell 29.4% to €1.9 billion or €4.17 per diluted share compared to net profit of €2.7 billion or €5.85 per share a year ago.

American International Group, Inc (AIG) gained 11.06% or $2.49 to $25.02 after the insurer reported second quarter net premiums written fell 19.4% to $7.9 billion from $9.8 billion a year ago. Net profit in the quarter was $311 million or $2.30 per diluted share compared to net loss of $5.4 billion or $41.13 per share a year ago.

Atlas Pipeline Partners, L.P (APL) fell 1.4% or 11 cents to $7.44 after the provider of natural gas gathering services said second quarter revenues rose 112% to $282.1 million from $133.2 million a year ago. Net income in the quarter was $17.0 million or 61 cents per diluted share compared to net loss of $38.2 million or $1.38 per share a year ago.

Assured Guaranty Ltd (AGO) added 15.3% or $2.28 to $17.10 after the bond insurer said second quarter revenues fell 3% to $114.9 million from $118.3 million a year ago. Net loss in the quarter was $170.0 million or $1.82 per diluted share compared to net income of $545.2 million or $5.96 per share a year ago.

Blue Nile, Inc (NILE) rose 3.2% or $1.59 to $51.29 an online retailer of diamonds and jewelry said second quarter revenues fell 5.2% to $69.9 million from $73.7 million a year ago. Net income in the quarter fell 12.5% to $2.8 million or 19 cents per diluted share compared to net income of $3.2 million or 20 cents per share a year ago.

Brooks Automation, Inc (BRKS) dropped 4.7% or 28 cents to $5.61 after the provider of automation, vacuum and instrumentation solutions said third quarter revenues fell 64.6% to $43.9 million from $124.0 million a year ago. Net loss in the quarter was $25.7 million or 41 cents per diluted share compared to net loss of $10.3 million or 17 cents per share a year ago.

California Pizza Kitchen, Inc (CPKI) declined 6.9% or $1.10 to $14.80 a casual dining chain said second quarter sales fell 3.2% to $170.9 million from $176.6 million a year ago. Net income in the quarter fell 7% to $6.1 million or 25 cents per diluted share compared to net income of $6.6 million or 26 cents per share a year ago.

CBS Corporation (CBS) added 7.7% or 66 cents to $9.20 after the broadcasting company said second quarter revenues fell 11% to $3.01 billion from $3.39 billion a year ago. Net income in the quarter fell 96% to $15.4 million or 2 cents per diluted share compared to net income of $408.4 million or 61 cents per share a year ago.

Chiquita Brands International, Inc (CQB) advanced 17.4% or $2.23 to $15.00 a banana producer said second quarter revenues fell 4% to $955 million from $995 million a year ago. Net income in the quarter rose 46% to $89 million or $1.95 per diluted share compared to net income of $61 million or $1.34 per share a year ago.

Computer Sciences Corporation (CSC) surged 2.5% or $1.25 to $49.90 after the information technology company said first quarter revenues fell 12% to $3.9 billion from $4.44 billion a year ago. Net income in the quarter rose 8% to $131 million or 85 cents per diluted share compared to net income of $121 million or 79 cents per share a year ago.

Crocs, In (CROX) the maker of colorful clogs with holes rose 37.4% or $1.55 to $5.82 after it reported fourth consecutive quarterly loss of $30.3 million or 36 cents a share compared to net income of $2.1 million or 3 cents a share. Revenues in the quarter declined 11% to $197.7 million, significantly higher than expected. The third quarter sales are expected between $150 million and $160 million and adjusted loss per share between 6 cents and 14 cents.

Eclipsys Corporation (ECLP) sank 4.3% or 80 cents to $17.69 after the provider of information solutions said second quarter revenues fell 1.7% to $129.8 million from $132.1 million a year ago. Net loss in the quarter was $4.1 million or 7 cents per diluted share compared to net income of $8.5 million or 15 cents per share a year ago.

Fuel Systems Solutions, Inc (FSYS) increased 9.9% or $2.68 to $29.50 a maker of parts for fuel-delivery systems said second quarter revenues fell 6% to $92.3 million from $98.3 million a year ago. Net income in the quarter rose 61% to $7.4 million or 46 cents per diluted share compared to net income of $4.6 million or 29 cents per share a year ago.

iPass Inc (IPAS) rose 8.2% or 14 cents to $1.83 after the provider of enterprise mobility services said second quarter revenues fell 10% to $43.7 million from $48.6 million a year ago. Net income in the quarter was $1.0 million or 2 cents per diluted share compared to net loss of $1.4 million or 2 cents per share a year ago.

Magna International Inc (MGA) dropped 3.7% or $1.83 to $46.48 after the diversified global automotive supplier reported second quarter sales fell 45% to $3.7 billion from $6.7 billion a year ago. Net loss in the quarter was $205 million or $1.83 per diluted share compared to net income of $227 million or $1.98 per share a year ago.