Pep Boys ( PBY) rose after the car parts and service chain reported second-quarter earnings from continuing operations of $1.5 million, or 3 cents a share, compared with $832,000, or 1 cent a share, a year ago. Revenue rose slightly to $578.6 million. Analysts were looking for earnings of 2 cents a share on revenue of $580.8 million. Shares rose 68 cents, or 6.9%, to $10.49.

Bioenvision ( BIVN) surged after Prudential initiated coverage of the biopharmaceutical company with an overweight rating. Shares gained 54 cents, or 12.3%, to $4.92.

ABM Industries ( ABM) rose after the company settled its World Trade Center-related litigation with Zurich American Insurance for $80 million. ABM, which provides janitorial, parking and security services, will receive a payment that will increase its fourth-quarter net income by about $45 million, or 90 cents a share. ABM gained 91 cents, or 5.4%, to $17.87.

Analyst actions were also moving some stocks including, Universal Stainless & Alloy Products ( USAP), recently up more than 7% following an upgrade by CL King, and Meridian Bioscience ( VIVO), higher by 4.5% following an upgrade by Hilliard Lyons.

MGP Ingredients ( MGPI) slipped after its fourth-quarter earnings missed analysts' expectations. The maker of food ingredients and distillery products earned $7.4 million, or 43 cents a share, but analysts were looking for earnings of 46 cents a share. Sales rose 22% to $90.3 million. Shares fell 85 cents, or 4.5%, to $18.10 recently.

Global Imaging Systems ( GISX) fell 8 cents, or 0.4%, to $21.34 after splitting its stock 2 for 1.

Casella Waste Systems ( CWST) fell after the company forecast a first-quarter loss compared with the profit Wall Street was expecting. The company expects to release its results on Sept. 6. Shares dropped $1.87, or 13.7%, to $11.77.