Summary: Stocks were lower at Wednesday's opening bell. Macy's (M) posted Q3 earnings that topped estimates but missed revenue expectations. The department store also lowered its full year outlook. SeaWorld (SEAS) reported profit dropped more than the Street estimated. SeaWorld says it had fewer visitors during the peak season. The trend with home builders is continuing with Beazer Homes (BZH) beating estimates for its quarter on both the top and bottom lines. The Mortgage Bankers Association said total application volume fell less than 0.9%. Applications to refinance dropped 2%, home purchase loans rose 1% from the previous week.
