(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) Wall Street was slightly lower on Wednesday morning, weighed down by energy and technology stocks.
The Dow Jones Industrial Average was up 0.05 percent at 18,138.14, the S&P 500 was up 0.10 percent at 2,138.94 and the Nasdaq Composite was down 0.02 percent at 5245.56.
** FORTINET INC, $29.885, -12.34 pct
** PALO ALTO NETWORKS INC, $150.03, -3.51 pct
** FIREEYE INC, $13.14, -1.20 pct
** PROOFPOINT INC, $68.5, -3.55 pct
** IMPERVA INC, $51.15, -0.66 pct
** CHECK POINT SOFTWARE TECHNOLOGIES LTD, $75.96, -0.87 pct
** CYBERARK SOFTWARE LTD, $49.4593, -0.94 pct
Cybersecurity company Fortinet cut its third-quarter revenue and earnings forecast as customers continue to delay purchases.
** STANLEY BLACK & DECKER INC, $119.79, +1.81 pct
** NEWELL BRANDS, $50.95, +1.21 pct
Stanley Black & Decker it would buy Newell Brands tool business for $1.95 billion, adding brands such as Irwin and Lenox to its lineup.
** POLARIS INDUSTRIES INC, $76.75, +3.67 pct
The all-terrain vehicle maker said it would buy off-road SUV accessories maker Transamerican Auto Parts Co (TAP) for about $665 million.
** VOXX INTERNATIONAL CORP, $3.29, +29.02 pct
The automotive and consumer accessories distributor reported a second-quarter profit of 12 cents per share, compared with a loss of 18 cents per share a year earlier.
** SPRINT CORP, $6.92, +2.06 pct
The No. 4 U.S. wireless carrier is preparing to mortgage a little more than 10 percent of its wireless airwaves to raise cash, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
** INTELLIPHARMACEUTICS INTERNATIONAL INC, $2.96, +4.59 pct
** MALLINCKRODT PLC, $68.3, +0.21 pct
Generic drugmaker Intellipharmaceutics said Mallinckrodt would distribute generic versions of some of its extended release drug candidates in the United States as part of a licensing deal.
** CHIPOTLE MEXICAN GRILL INC, $418.54, -1.06 pct
The burrito chain is struggling to win back customers following a string of food-borne illness outbreaks that started last year. (Compiled by Akankshita Mukhopadhyay in Bengaluru; Editing by Anil D’Silva)