11:00 AM New York - Advanced Semiconductor Engineering, Inc. led gainers in the S&P 500 index with a surge of 20.7%. Arch Capital net income jumps. Fluor posts lower profit and lifts outlook. Legg Mason quarterly net income slips 4%. CIT profit up 46% and debt reduced. Office Depot second quarter loss narrows.

Carlisle Companies, Inc. led the decliners in the S&P 500 index with a loss of 13.6% followed by losses in Sanmina-SCI Corporation of 11.7% and in Momenta Pharmaceuticals, Inc. of 6.9%, and in Thermo Fisher Scientific Inc. of 6.4% and in Aaron''s Inc. of 6.3%.

Advanced Semiconductor Engineering, Inc. led gainers in the S&P 500 index with a rise of 20.7% followed by gains in Unisys Corporation of 12.7%, in Lexmark International, Inc. of 11.6% and in Energizer Holdings, Inc. of 8.5% and in Regions Financial Corporation of 7.9%.

Other Movers

Aaron''s Inc. (AAN) decreased 4.4% or 81 cents to $17.50 after the furniture rental and sales company said second quarter revenues rose 7% to $445 million from $417.3 million a year ago. Net income in the quarter fell 12% to $24.4 million or 30 cents per diluted share compared to net income of $27.8 million or 34 cents per share a year ago.

AK Steel Holding Corporation (AKS) rose 3.6% or 55 cents to $15.75 after the steelmaker reported second quarter revenues rose 101% to $1.6 billion from $793.6 million a year ago. Net income in the quarter was $26.7 million or 24 cents per diluted share compared to net loss of $47.2 million or 43 cents per share a year ago.

Albemarle Corporation (ALB) added 2.6% or $1.20 to $46.45 after the specialty chemicals maker said second quarter revenues rose 33% to $592.5 million from $445.3 million a year ago. Net income in the quarter rose 112.5% to $81.8 million or 89 cents per diluted share compared to net income of $38.5 million or 42 cents per share a year ago.

Ametek, Inc. (AME) added 1.9% or 86 cents to $46.10 after the electronic instruments maker reported second quarter revenues rose 13% to $591.9 million from $524.9 million a year ago. Net income in the quarter rose 30% to $67.4 million or 63 cents per diluted share compared to net income of $51.8 million or 48 cents per share a year ago.

Arch Capital Group Ltd. (ACGL) rose 2.5% or $1.96 to $80.02 after the insurer said second quarter revenues fell 8.5% to $776.3 million from $848.7 million a year ago. Net income in the quarter rose 56% to $237 million or $4.45 per diluted share compared to net income of $152.1 million or $2.43 per share a year ago.

BE Aerospace, Inc. (BEAV) dropped 0.3% or 9 cents to $30.20 after the supplier of aircraft interior products reported second quarter revenues rose 2% to $483.9 million from $474.8 million a year ago. Net income in the quarter rose 7.5% to $37.3 million or 37 cents per diluted share compared to net income of $34.7 million or 35 cents per share a year ago.

Bemis Company, Inc. (BMS) rose 0.6% or 20 cents to $31.09 after the manufacturer of flexible packaging products reported second quarter revenues rose 47% to $1.27 billion from $866.4 million a year ago. Net income in the quarter rose 24% to $60.0 million or 54 cents per diluted share compared to net income of $48.5 million or 47 cents per share a year ago.

BP Plc (BP) fell 1.1% or 43 cents to $38.22 after the oil and gas explorer said second quarter revenues rose 34% to $75.9 billion from $56.6 billion a year ago. Net loss for the quarter was $17.2 billion or 91.29 cents per diluted share compared to net profit of $4.39 billion or 23.16 cents per share a year ago. The company also replaced its chief executive.

Crane Co. (CR) gained 4.3% or $1.50 to $36.36 after the industrial manufacturer said second quarter revenues rose 1% to $552.8 million from $545.5 million a year ago. Net income in the quarter rose 44% to $40 million or 67 cents per diluted share compared to net income of $27.8 million or 47 cents per share a year ago.

Ceradyne, Inc. (CRDN) fell 0.7% or 18 cents to $22.46 after the manufacturer of ceramic products and components reported second quarter revenues rose 16% to $100.4 million from $95.3 million a year ago. Net income in the quarter was $6.6 million or 26 cents per diluted share compared to net loss of $11.2 million or 44 cents per share a year ago.

CIT Group Inc. (CIT) rose 3.2% or $1.24 to $39.00 after the bank reported second quarter total interest income fell 5% to $993.5 million from $1.05 billion a year ago. Net income in the quarter rose 46% to $142.1 million or 71 cents per diluted share compared to net income of $97.3 million or 49 cents per share a year ago.

Corn Products International, Inc. (CPO) surged 14.2% or $4.86 to $39.00 after the corn refiner and producer of sweeteners said it expects 2010 earnings of $2.55 to $2.75 per share.

Cummins Inc. (CMI) gained 5.5% or $4.35 to $82.20 after the maker of engines and power generation equipment reported second quarter revenues rose 32% to $3.21 billion from $2.43 billion a year ago. Net income in the quarter rose 339% to $246 million or $1.25 per diluted share compared to net income of $56 million or 28 cents per share a year ago.

Domino’s Pizza, Inc. (DPZ) added 4.1% or 56 cents to $14.15 after the pizza delivery company reported second quarter revenues rose 14.5% to $362.4 million from $316.6 million a year ago. Net income in the quarter rose 56% to $22.6 million or 37 cents per diluted share compared to net income of $14.5 million or 25 cents per share a year ago.

E. I. du Pont de Nemours and Company (DD) advanced 4.5% or $1.79 to $40.78 after the chemical maker reported second quarter revenues rose 26% to $8.26 billion from $6.86 billion a year ago. Net income in the quarter rose 178% to $1.16 billion or $1.26 per diluted share compared to net income of $417 million or 46 cents per share a year ago.

Energizer Holdings, Inc. (ENR) rose 2.7% or $1.50 to $56.75 after the battery and household-products maker reported third quarter revenues rose 8% to $1.08 billion from $997.5 million a year ago. Net income in the quarter rose 43% to $104.0 million or $1.47 per diluted share compared to net income of $72.7 million or $1.13 per share a year ago.