BUZZ-U.S. STOCKS ON THE MOVE-Coach, Whirlpool, Merck, IBM, gold stocks

Tue Apr 28, 2015 1:53pm EDT
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter,; for the Morning News Call newsletter, U.S. stocks held on to their gains in early afternoon trading on Tuesday, reversing earlier declines, on strong earnings from Merck, better-than-expected housing data and a dividend hike from IBM. The Dow Jones industrial average was up 0.41 percent at 18,112.24, the S&P 500 was up 0.31 percent at 2,115.54 and the Nasdaq Composite was up 0.18 percent at 5,069.584.


The technology services company's board approved an 18 percent increase in the company's quarterly cash dividend, its biggest increase in five years.

** COACH INC, $39.42, -6.87 pct

The Poppy handbag makers' quarterly sales fell short of estimates due to continued weak demand for its products in North America, its biggest market.

** WHIRLPOOL CORP, $185.76, -6.10 pct   Continued...