May 2, 2017 / 6:04 PM / in 7 months

BUZZ-U.S. STOCKS ON THE MOVE-Apple, AMD, Coach, Valeant, Celadon Group, Cummins, Pfizer, Tenet

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Wall Street was little changed on Tuesday, after the Nasdaq Composite eked out
another record high, with investors holding off on big bets as the Federal
Reserve's meeting kicked off.
    At 13:49 ET, the Dow Jones Industrial Average was up 0.12 percent at
20,937.83. The S&P 500 was up 0.07 percent at 2,390 and the Nasdaq
Composite was unchanged at 6,091.756.
 
 Hot earnings to keep fire under growth-stock rally
 BUZZ-"Sell in May and Go Away" not a layup
 BUZZ-Stumbling buyback/dividend ratio keeps caution flag up
 BUZZ-Fewer apples in the Dow pie these days
 BUZZ-Emerging Markets ETF attempts to cross to the other side
 
 The top three percentage gainers on the S&P 500:
 ** Coach Inc, up 11.5 pct at $43.20
 ** Martin Marietta Materials Inc, up 6.7 pct at $237.90
 ** Cummins Inc, up 5.7 pct at $160.00
 
 The top three percentage losers on the S&P 500:
 ** Advanced Micro Devices, down 20.8 pct at $10.79
 ** Archer Daniels Midland Co, down 8.4 pct at $41.87
 ** Mosaic Co, down 7.5 pct at $24.86
 
 The top three percentage gainers on the NYSE:
 ** Chegg Inc, up 28.3 pct at $11.75
 ** Tenet Healthcare Corp, up 22.9 pct at $18.86
 ** Community Health Systems Inc, up 20.6 pct at $10.40
 
 The top three percentage losers on the NYSE:
 ** Lumber Liquidators Holdings Inc, down 17.7 pct at $20.08
 ** Fresh Del Monte Produce Inc, down 11.1 pct at $53.80
 ** VOC Energy Trust, down 9.7 pct at $4.30
 
 The top three percentage gainers on the Nasdaq:
 ** Angie's List Inc, up 64.5 pct at $9.69
 ** Span-America Medical Systems Inc, up 32.9 pct at $28.88
 ** Comstock Holding Companies Inc, up 20.5 pct at $2.36
 
 The top three percentage losers on the Nasdaq:
 ** Medpace Holdings Inc, down 28.7 pct at $23.11
 ** Advanced Micro Devices Inc, down 20.8 pct at $10.79
 ** Sunesis Pharmaceuticals Inc, down 20.8 pct at $2.90
 
 
 ** Apple Inc: up 0.3 pct at $147.04, hits record high of $148.09
 Despite record highs, fund managers globally remain underweight Apple

    Apple due to report results after the market closes
 
 ** Advanced Micro Devices Inc: down 20.8 pct at $10.79
 UPDATE 2-AMD's revenue rises 18.3 pct, but margin forecast disappoints

 BUZZ-AMD: Macquarie Capital downgrades stock, cuts PT
 
 ** Angie's List Inc: up 64.5 pct at $9.69
 ** IAC/InterActive Corp: up 13.8 pct at $95.77
 UPDATE 1-Barry Diller's IAC to buy Angie's List in online home services deal

 BUZZ-IAC/InterActiveCorp hits record high on Angie's List deal 
 
 ** Ford Motor Co: down 4.0 pct at $10.96
 ** General Motors Co: down 2.8 pct at $33.24
 ** Fiat Chrysler:down 4.3 pct at $10.92
 UPDATE 2-Automakers' April U.S. sales drop; Wall St fears boom is over

 UPDATE 1-GM writes down Venezuela operations after authorities seize plant

 BUZZ-Top automakers skid after reporting April sales
 
 ** Delta Air Lines Inc: up 4.8 pct at $47.56
 ** United Continental Holdings Inc:up 3.9 pct at $73.02
 ** Southwest Airlines Co: up 2.7 pct at $57.78
 ** Alaska Air Group Inc: up 1.8 pct at $85.96
 ** JetBlue Airways Corp:up 1.7 pct at $21.99
 ** American Airlines Group Inc: up 3.5 pct at $43.57
 BUZZ-U.S. airline stocks up after Delta posts April unit rev growth

 
 ** Pfizer Inc <PFE.N >: down 0.9 pct at $33.48
 UPDATE 4-Prescription for growth at Pfizer? Analysts say deals
 
 ** Coach Inc: up 11.5 pct at $43.20
 UPDATE 3-Fewer discounts, luxury-handbag demand drive Coach profit
beat
 BUZZ-Coach Inc: Shares rise after Q3 profit beat
 
 ** Merck & Co Inc: up 0.5 pct at $62.70
 UPDATE 2-Merck profit tops estimates as margins rise; Co raises 2017
forecast
 
 ** CVS Health Corp: down 2.8 pct at $79.68
 UPDATE 1-Drugstore chain CVS reports better-than-expected profit
 
 ** MasterCard Inc: up 2.1 pct at $118.87
 ** Visa Inc: up 1.3 pct at $92.43
 UPDATE 2-MasterCard's profit beats estimates as card-spending rises

 BUZZ-MasterCard Inc: Hits record high after results beat
 
 ** Hilton Worldwide Holdings Inc: up 3.2 pct at $61.21
 UPDATE 3-Hilton's profit lifted by corporate travel boost, shares
rise
 
 ** ConocoPhillips: down 1.0 pct at $47.00
 UPDATE 2-ConocoPhillips posts surprise loss on higher-than-expected costs

 
 ** Luminex Corp: up 8.3 pct at $20.50
 BUZZ-Luminex Corp: Soars as Q1 revenue beats
 
 ** Texas Roadhouse Inc: up 10.6 pct at $50.86
 BUZZ-Texas Roadhouse Inc: Q1 revenue beats estimates
 
 ** Twitter Inc: up 4.2 pct at $18.27
 BUZZ-Billionaire Mark Cuban says started buying Twitter shares
 
 ** Tenet Healthcare Corp: up 22.8 pct at $18.85
 ** HCA Holdings Inc: up 1.4 pct at $85.03
 ** Community Health Systems Inc: up 20.6 pct at $10.40
 Tenet posts smaller loss; to sell hospitals to HCA
 UPDATE 2-Low-margin Medicare admissions hold back HCA Holdings' profit

 BUZZ-Tenet Healthcare Corp: To sell hospitals to HCA Holdings
 BUZZ-Hospital stocks Tenet, Community Health rise on Q1 results, divestitures

 
 ** Seadrill Ltd: down 5.6 pct at $0.62
 BRIEF-Seadrill agrees to sell three jack-up rigs for $225 mln
 
 ** West Corp: down 10.6 pct at $23.89
 ** Apollo Global Management, LLC: down 0.4 pct at $26.74
 Apollo Global seeks to lower West Corp price tag -sources
 BUZZ-West Corp: Sources say Apollo Global seeks to lower deal price

 
 ** Intra-Cellular Therapies Inc: down 9.7 pct at $9.48
 Leerink cuts to market perform from outperform, Suntrust Robinson and Leerink
also cuts price targets.
 BUZZ-Intra-Cellular Therapies: Slide continues; Brokerages cut ratings

 
 ** Taylor Morrison Home Corp: down 5.3 pct at $22.88
 BRIEF-Taylor Morrison announces class A stock offering
 
 ** Mosaic Co: down 7.5 pct at $24.86
 UPDATE 2-Mosaic profit misses on lower potash, phosphate prices
 BUZZ-Mosaic Co: Set for 10-month low on Q1 profit miss
 
 ** Molina Healthcare: up 15.8 pct at $58.85
 Molina board replaces executives with interim head, citing finances

 
 ** Shopify Inc: up 7.9 pct at $83.33
 UPDATE 1-Canada's Shopify raises full-year revenue forecast
 
 ** Archer Daniels Midland Co: down 8.4 pct at $41.87
 UPDATE 3-ADM sees weaker agricultural services outlook on trading woes, shares
dive
 
 ** Emerson Electric Co: down 5.6 pct at $56.99
 UPDATE 2-Emerson's sales in biggest business fall 3 pct, shares
drag
 
 ** Sunesis Pharmaceuticals: down 20.8 pct at $2.90
 BUZZ-Sunesis Pharmaceuticals Inc: Withdraws marketing application
 
 ** Chegg Inc: up 28.3 pct at $11.75
 BRIEF-Chegg reports Q1 results
 
 ** Cummins Inc: up 5.7 pct at $160.00
 UPDATE 3-Cummins raises 2017 forecasts on strong China construction
demand
 BUZZ-Cummins shares in overdrive on strong China outlook
 
 ** Lumber Liquidators Holdings Inc: down 17.7 pct at $20.08
 Lumber Liquidators Q1 results
 
 ** IPG Photonics Corp: up 7.1 pct at $135.60
 BRIEF-IPG Photonics Q1 results
 
 ** Span-America Medical Systems Inc: up 32.9 pct at $28.88
 BRIEF-Span-America Medical agrees to be acquired by Savaria Corp
 
 ** Chemours Co: down 4.0 pct at $39.09
 BRIEF-Chemours Q1 results
  
 ** Medpace Holdings Inc: down 28.7 pct at $23.11
 BUZZ-Medpace Holdings: Plunges on weak profit, FY forecast
 
 ** Harmonic Inc: down 9.5 pct at $5.25
 BRIEF-Harmonic Q1 results
 
 ** Celadon Group Inc: down 65.0 pct at $1.40
 BUZZ-Celadon Group: Stock crashes to 15-1/2 year low on accounting
probe
 
 ** Valeant Pharmaceuticals: up 7.3 pct at $10.37
 UPDATE 2-Drug-maker Valeant on course to debt repayment target -CEO

 BUZZ-Valeant Pharma: CEO says on course to debt repayment target
 
 ** ASB Bancorp Inc: up 15.0 pct at $40.30
 BRIEF-First Bancorp to acquire ASB Bancorp
 
 ** Pitney Bowes Inc: up 14.8 pct at $15.40
 BUZZ-Pitney Bowes: Biggest intraday pct gain in 3 yrs after Q1 results
beat
 
 ** Hyster-yale Materials Handling Inc: up 14.7 pct at $68.96
 BRIEF-Hyster-Yale Materials Q1 results
 
 ** Workhorse Group Inc: up 9.0 pct at $2.18
 Workhorse Group and Ryder to partner on electric vehicles
distribution
 
 ** Rent-a-center Inc: up 10.6 pct at $11.80
 BRIEF-Engaged Capital LLC says releases presentation to Rent-A-Center
stockholders
 
 ** Command Security Corp: up 13.3 pct at $2.82
 BRIEF-Command Security wins contract with major on-line retailer
 
 ** Nautilus Inc: up 10.0 pct at $19.25
 BUZZ-Nautilus Inc: Hits 6-mth high as Q1 revenue beats
 
 ** Ignyta Inc: down 7.1 pct at $7.85
 BRIEF-Ignyta Q1 results
 
 ** Heska Corp: down 15.9 pct at $92.70
 BRIEF-Heska reports Q1 earnings
 
 ** Libbey Inc: down 9.6 pct at $9.66
 BRIEF-Libbey Inc reports qtrly results
 
 ** II-VI Inc: down 14.3 pct at $29.23
 BRIEF-II-VI Incorporated reports qtrly earnings
 
 ** Martin Marietta Materials: up 6.7 pct at $237.90
 BUZZ-Martin Marietta: Stock sturdy as Q1 estimates crushed
 
 ** LeMaitre Vascular Inc: up 7.5 pct at $32.65
 BUZZ-LeMaitre Vascular: Hits record after inclusion in S&P SmallCap 600

 
 ** Ameresco Inc: down 7.0 pct at $5.95
 BRIEF-Ameresco reports Q1 results
 
 ** Tanger Factory Outlet Centers Inc: down 7.0 pct at $29.74
 BUZZ-Tanger shares fall after disappointing outlook
 
 ** Green Plains Inc: up 9.7 pct at $24.85
 BRIEF-Green Plains reports Q1 results
 
 ** Momenta Pharmaceuticals Inc: up 7.8 pct at $15.85
 BRIEF-Momenta Pharmaceuticals Q1 results
 
 ** Haverty Furniture Companies Inc: up 9.5 pct at $25.45
 BRIEF-Haverty Furniture reports Q1 results
 
 ** Gaia Inc: up 7.4 pct at $11.60
 BRIEF-Gaia Inc Q1 results
 
 ** PJT Partners Inc: up 5.4 pct at $36.57
 BRIEF-PJT Partners Q1 results
 
 ** Fresh Del Monte Produce Inc: down 11.1 pct at $53.80
 BRIEF-Fresh Del Monte Produce Q1 results
 
 ** AMAG Pharmaceuticals Inc: down 8.8 pct at $22.48
 BRIEF-AMAG Pharmaceuticals Q1 results
 
 ** Staples Inc: up 1.8 pct at $9.83
 EXCLUSIVE-Cerberus, Sycamore Partners wrestle with Staples buyout-sources

 
 ** Celyad Sa: up 8.9 pct at $34.58
 BRIEF-Celyad grants Novartis non-exclusive license for certain CAR-T Cells
Patents
 
 
 
 The 11 major S&P 500 sectors:
 
 
 Consumer Discretionary             down 0.03 pct
 Consumer Staples                   down 0.39 pct
 Energy                             down 0.05 pct
 Financial                          down 0.21 pct
 Health                             up 0.25 pct
 Industrial                         up 0.27 pct
 Information Technology             up 0.28 pct
 Materials                          up 0.11 pct
 Real Estate                        up 0.30 pct
 Teleservices                       up 0.02 pct
 Utilities                          up 0.17 pct
 
 (Compiled by Tamara Mathias in Bengaluru; Editing by Savio D'Souza)
  

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