BUZZ-U.S. STOCKS ON THE MOVE-Home Depot, JP Morgan, Toll Brothers

Tue Feb 24, 2015 1:25pm EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)

U.S. stocks advanced slightly on Tuesday, with the Dow and S&P 500 at intraday records, as investors attempted to interpret testimony by Federal Reserve Chair Janet Yellen. The Dow Jones industrial average was up 0.37 percent at 18,184.6, the S&P 500 was up 0.12 percent at 2,112.14 and the Nasdaq Composite was down 0.17 percent at 4,952.59.

** AMERICAN AIRLINES GROUP INC, $50, -2.55 pct

Cowen & Co downgraded the stock of the largest U.S. carrier by passengers to "market perform" from "outperform" and cut its price target on the stock by $11 to $55. Analysts at the brokerage said the company would continue to see pricing pressure in 2015 in Dallas and Latin America.

** DAKTRONICS INC, $10.6199, -17.99 pct

The electronic display system maker reported lower-than-expected third-quarter revenue and profit, hurt by higher costs in its manufacturing and services business.

  Continued...