August 8, 2018 / 2:44 PM / 2 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Snap, Michael Kors, Mylan

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U.S. stocks were flat on Wednesday after China retaliated to Trump
administration's latest tariffs, escalating trade tensions and muting strong
corporate earnings.
    At 19:30 ET, the Dow Jones Industrial Average was down 0.14 percent
at 25,592.74. The S&P 500 was down 0.11 percent at 2,855.44 and the
Nasdaq Composite was down 0.11 percent at 7,874.86.
 The top three S&P 500 percentage gainers:
 ** Albemarle Corp, up 7.4 pct
 ** Michael Kors Holdings Ltd, up 7.2 pct
 ** Boston Scientific Corp, up 3.1 pct
 The top three S&P 500 percentage losers:
 ** Mylan N.V., down 8.6 pct
 ** Cimarex Energy Co, down 7.4 pct
 ** Regeneron Pharmaceuticals Inc, down 4.7 pct
 The top three NYSE percentage gainers:
 ** 3D Systems Corp, up 30.8 pct
 ** Vitamin Shoppe, up 24.1 pct
 ** Workiva Inc, up 16.5 pct
 The top three NYSE percentage losers:
 ** Core Molding Technologies Inc, down 28.4 pct
 ** Flotek Industries Inc, down 16.2 pct
 ** Turning Point Brands Inc, down 14.9 pct
 The top three Nasdaq percentage gainers:
 ** Ability Inc, up 103.1 pct
 ** ATA Inc, up 29.1 pct
 ** Caesarstone Ltd, up 0 pct
 The top three Nasdaq percentage losers:
 ** Extreme Networks Inc, down 34.2 pct
 ** Titan Medical Inc, down 21.5 pct
 ** iFresh Inc, down 17.1 pct
 ** Snap Inc: down 6.3 pct
 BUZZ-Street View: Redesign continues to take toll on Snap DAUs
 UPDATE 3-Snap's strategy shifts win over advertisers more than users

 ** Michael Kors Holdings Ltd: up 7.2 pct
 BUZZ-Michael Kors: Rises on Q2 beat, forecast raise
 UPDATE 4-Jimmy Choo helps Michael Kors strut past estimates, raise
 ** Mylan N.V.: down 8.6 pct
 BUZZ-Mylan: Falls after Q2 profit miss, strategic alternatives announcement

 UPDATE 2-Mylan eyes options as quarterly profit tumbles
 ** The Kraft Heinz Co: down 2.4 pct
 BUZZ-Kraft Heinz lower on $1.2 bln sale by Brazil's 3G Capital
 ** Tesla Inc: down 0.7 pct
 BUZZ-Street View: Tesla going private makes sense, shareholder approval remains
 ** Boston Scientific Corp: up 3.1 pct
 BUZZ-Boston Scientific: Rises on deal to buy stent maker Veniti
 ** Papa John's International Inc: down 2.3 pct
 BUZZ-Papa John's shares slump as spat with founder weighs on forecast
 Papa John's growing rift with founder casts doubts on recovery
 ** Thomson Reuters Corp: up 2.6 pct
 UPDATE 1-Thomson Reuters 2nd quarter revenue rises 2 percent
 ** The New York Times Co: down 4.5 pct
 UPDATE 1-New York Times digital subscriber growth slows, shares
  ** CVS Health Corp: up 2.8 pct
 BUZZ-CVS Health Corp: Rises after Q2 profit beat
 UPDATE 1-CVS Health profit beats on higher prescription drug sales
 ** The Walt Disney Co: down 1.4 pct
 BUZZ-Street View: Walt Disney Q3 "not as good as hoped"
 UPDATE 3-Disney quarterly profit falls short as streaming costs rise

 ** Cimarex Energy Co: down 7.4 pct
 BUZZ-Cimarex Energy: Slides after profit miss, JPM downgrade
 ** Match Group Inc: up 13.3 pct
 BUZZ-Match Group: Climbs on beat-and-raise quarter powered by Tinder

 UPDATE 1-Match boosts revenue forecast as Tinder lures more paying users

 ** Applied Optoelectronics Inc: up 16.6 pct
 BUZZ-Applied Optoelectronics: Jumps as Q2 results beat estimates
 ** Inc: down 3.6 pct Reports Q2 Adjusted Earnings Per Share $0.48
 ** Strongbridge Biopharma Plc: up 9.3 pct
 BUZZ-Strongbridge Biopharma: Surges on drug trial results, smaller Q2
 ** 3D Systems Corp: up 30.8 pct
 BUZZ-3D Systems: Higher printer sales drive biggest earnings beat in 2 years

 ** Vivint Solar Inc: up 1.8 pct
 BUZZ-Vivint Solar: Shines after profit beat and JMP upgrade
 ** Telaria Inc: up 11.0 pct
 BRIEF-Telaria Q2 Revenue Rose 25 Percent To $12.4 Million
 ** Flotek Industries Inc: down 16.2 pct
 BRIEF-Flotek Industries Inc Q2 Adjusted Loss Per Share $0.34
 ** Hostess Brands Inc: down 16.6 pct
 BUZZ-Hostess Brands Inc: Falls on RBC downgrade
 ** Extreme Networks Inc: down 34.2 pct
 BUZZ-Extreme Networks: Slumps as distribution initiatives hit revenue
 ** DENTSPLY SIRONA Inc: up 1.8 pct
 BUZZ-Dentsply Sirona: Morgan Stanley sees limited visibility, downgrades

 ** Hortonworks Inc: up 20.8 pct
 BUZZ-Hortonworks: Lifted by strongest profit beat in 2 years, strong guide

 ** BEST Inc: down 3.9 pct
 BRIEF-Best Inc Reports Q2 Loss Per Share of $0.04
 ** OPKO Health Inc: down 2.0 pct
 BRIEF-OPKO Health Q2 Loss Per Share $0.01
 ** Beacon Roofing Supply Inc: down 13.0 pct
 BUZZ-Beacon Roofing Supply: Slips as weather conditions cloud FY outlook

 ** Ekso Bionics Holdings Inc: down 4.7 pct
 BRIEF-Ekso Bionics Holdings Q2 Loss Per Share $0.13
 ** Maxwell Technologies Inc: down 2.2 pct
 BRIEF-Maxwell Commences Public Offering Of Common Stock
 ** Caesarstone Ltd <CSTE.O >: up 22.0 pct
 BUZZ-Caesarstone Ltd: Rises as Q2 profit beats estimates
 ** Boot Barn Holdings Inc: up 12.8 pct
 BUZZ-Boot Barn: Hits near 3-yr high on Q2 beat, FY forecast raise
 ** iCAD Inc: up 6.4 pct
 BRIEF-Icad Receives FDA Clearance Of Powerlook Density Assessment For Digital
Breast Tomosynthesis
 ** Endo International Plc: up 18.3 pct
 BUZZ-Endo: Soars after beat-and-raise Q2, new licensing deal
 ** Titan Medical Inc: down 21.5 pct
 BUZZ-Titan Medical: Plunges on units offering
 ** Insys Therapeutics Inc: up 8.0 pct
 BUZZ-Insys Therapeutics: Agreement with U.S. DoJ removes "biggest overhang"
 ** Dean Foods Co: up 2.6 pct
 BUZZ-Dean Foods: Deutsche Bank raises to "hold"
 ** REGENXBIO Inc: down 2.1 pct
 BUZZ-Regenxbio Inc: Slides on Q2 miss
 The 11 major S&P 500 sectors:
 Consumer Discretionary             down 0.06 pct
 Consumer Staples                   down 0.43 pct
 Energy                             down 0.89 pct
 Financial                          up 0.20 pct
 Health                             down 0.05 pct
 Industrial                         down 0.41 pct
 Information Technology             up 0.09 pct
 Materials                          down 0.25 pct
 Real Estate                        down 0.34 pct
 Teleservices                       up 0.42 pct
 Utilities                          down 0.60 pct
 (Compiled by Bharath Manjesh in Bengaluru)
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