November 16, 2017 / 5:15 PM / 2 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Wal-Mart, Time, NetApp, J.M. Smucker

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The S&P 500 index recovered from its worst two-day fall since August on Thursday
after Wal-Mart and Cisco shares soared on strong results.
    At 11:27 ET, the Dow Jones Industrial Average was up 0.75 percent at
23,444.88. The S&P 500 was up 0.69 percent at 2,582.37 and the Nasdaq
Composite was up 1.15 percent at 6,783.401.
 BUZZ-Stumbling S&P 500 needs to quickly regain its balance
 The top three S&P 500 percentage gainers:
 ** Netapp Inc, up 15.9 pct
 ** J M Smucker, up 9.4 pct
 ** Wal-Mart Stores, up 8.4 pct
 The top three S&P 500 percentage losers:
 ** Best Buy Co Inc, down 5.8 pct
 ** Viacom Inc, down 4 pct
 ** Norwegian Cruise Line Holdings Ltd, down 2.1 pct
 The top three NYSE percentage gainers:
 ** Time Inc, up 24.1 pct
 ** RH, up 23.8 pct
 ** Griffon Corp, up 16 pct
 The top three NYSE percentage losers:
 ** Diplomat Pharmacy, down 21 pct
 ** Bitauto Holdings Ltd, down 9.5 pct
 ** Best Inc, down 7.1 pct
 The top three Nasdaq percentage gainers:
 ** Alcobra Ltd, up 616.4 pct
 ** Optimumbank Holdings Inc, up 311.7 pct
 ** China Advanced Construction Materials Group, up 258.1 pct
 The top three Nasdaq percentage losers:
 ** CHF Solutions Inc, down 18 pct
 ** Intec Pharma Ltd, down 14.4 pct
 ** Axogen Inc, down 10.3 pct
 ** Wal-Mart Stores Inc: up 8.4 pct
 BUZZ-Wal-Mart: Climbs as comparable sales beat estimates
 UPDATE 2-Wal-Mart 3rd-qtr sales boosted by hurricanes, online; shares
 ** Cisco Systems Inc: up 6.0 pct
 BUZZ-Cisco Systems Inc: Rises as Q1 profit beats
 BUZZ-Street View: Cisco's guidance 'looks great' after breakout quarter

 UPDATE 3-Cisco profit beats on strength in security business
 ** Time Inc: up 24.1 pct
 BUZZ-Time Inc: Surges on report of renewed deal talks with Meredith

 ** Rockwell Automation Inc: up 4.7 pct
 BUZZ-Rockwell Automation: Shares jump on sweeter Emerson bid
 ** NetApp Inc: up 15.9 pct
 BUZZ-NetApp: 10 brokers raise PTs on strong results, forecast
 ** RH: up 23.8 pct
 BUZZ-RH: Surges after upbeat forecast, PT raises
 ** Best Buy Inc: down 5.8 pct
 BUZZ-Best Buy: Shares could snap rally on disappointing forecast
 ** Viacom Inc: down 4.0 pct
 BUZZ-Viacom: Sinks on forecast of affiliate sales drop in 2018
 ** Mirati Therapeutics Inc: up 19.0 pct
 BUZZ-Mirati Therapeutics: Prices upsized stock offering
 ** Constellium N.V: up 8.2 pct
 BUZZ- Constellium N.V.: Morgan Stanley upgrades to 'overweight'
 ** Maxwell Technologies: up 9.2 pct
 BUZZ-Maxwell Technologies: Rises as CEO buys shares
 ** J.M. Smucker: up 9.4 pct
 BUZZ-J.M. Smucker: Rises on better-than-expected Q2 results
 UPDATE 2-Smucker tops profit view on strong pet food demand, price hikes

 ** Pandora Media: up 3.3 pct
 BUZZ-Pandora Media: Up after BMO raises to 'outperform'
 ** Achillion Pharma: up 18.8 pct
 BUZZ-J&J, Achillion Pharma: Painful divorce
 ** PayPal Hodings Inc: up 3.3 pct
 ** Synchrony Financial: up 2.5 pct
 BUZZ-PayPal, Synchrony rise on expanded credit partnership
 UPDATE 1-Synchrony to buy PayPal's U.S. consumer credit receivables portfolio

 ** BEST Inc: down 7.1 pct
 BUZZ-BEST Inc: Express service delivers
 ** Axogen Inc: down 10.3 pct
 BUZZ-Axogen Inc: Shares fall on offering
 ** Norwegian Cruise Line: down 2.1 pct
 BUZZ-Norwegian Cruise Line: Down on pricing of secondary public offering

 ** L Brands Inc: down 1.3 pct
 BUZZ-L Brands Inc: Tumbles on comp sales decline, profit fall
 ** Diebold Nixdorf: up 10.7 pct
 BUZZ-Diebold Nixdorf: J.P. Morgan upgrades on valuation
 ** Diplomat Pharmacy: down 21.0 pct
 BUZZ-Diplomat Pharmacy: Another PBM buy sparks Baird downgrade
 Diplomat Pharmacy plunges as investors fret over rapid PBM push
 ** PTC Therapeutics Inc: up 5.7 pct
 BUZZ-PTC Therapeutics shares jump on JPMorgan upgrade
 ** Talend SA : down 4.9 pct
 BUZZ-Big data firm Talend shares break issue price as VC backers sell

 ** Dollar General: up 2.3 pct
 BUZZ-Dollar General shares up on 5-star Deutsche Bank analyst upgrade

 ** Spectrum Brands: up 9.4 pct
 BUZZ-Spectrum Brands: Rises on revenue beat
 ** Roku Inc: up 1.9 pct
 BUZZ-Roku Inc: FilmStruck launches Roku promo - Multichannel News
 The 11 major S&P 500 sectors:
 Consumer Discretionary             up 0.70 pct
 Consumer Staples                   up 1.36 pct
 Energy                             down 0.42 pct
 Financial                          up 0.22 pct
 Health                             up 0.71 pct
 Industrial                         up 0.74 pct
 Information Technology             up 1.17 pct
 Materials                          up 0.69 pct
 Real Estate                        up 0.30 pct
 Teleservices                       up 0.67 pct
 Utilities                          down 0.39 pct
 (Compiled by Akshara P in Bengaluru)
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