August 8, 2018 / 5:24 PM / 9 months ago

BUZZ-U.S. STOCKS ON THE MOVE-Snap, Tesla, Michael Kors, Papa John's

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U.S. stocks were slightly lower on Wednesday as a steep fall in crude oil prices
hit energy shares, more than offseting gains in technology and bank stocks.
    At 01:12 PM ET, the Dow Jones Industrial Average was down 0.16
percent at 25,588.15. The S&P 500 was unchanged at 2,858.39 and the
Nasdaq Composite was up 0.05 percent at 7,887.517.
 The top three S&P 500 percentage gainers:
 ** Michael Kors Holdings Ltd, up 6.5 pct
 ** Albemarle Corp, up 5.4 pct
 ** Boston Scientific Corp, up 2.8 pct
 The top three S&P 500 percentage losers:
 ** Cimarex Energy Co, down 8.8 pct
 ** Newell Brands Inc, down 5.2 pct
 ** Southern Co, down 4.5 pct
 The top three NYSE percentage gainers:
 ** 3D Systems Corp, up 32.7 pct
 ** Vitamin Shoppe Inc, up 29 pct
 ** Entercom Communications Corp, up 23 pct
 The top three NYSE percentage losers:
 ** Core Molding Technologies Inc, down 28 pct
 ** Flotek Industries Inc, down 21.6 pct
 ** Cincinnati Bell, down 18.8 pct
 The top three Nasdaq percentage gainers:
 ** Ability Inc, up 169.4 pct
 ** Endo International Plc, up 29.9 pct
 ** ATA Inc, up 28.8 pct
 The top three Nasdaq percentage losers:
 ** Extreme Networks Inc, down 30.8 pct
 ** Wins Finance Holdings Inc, down 21.5 pct
 ** Titan Medical Inc, down 21.3 pct
 ** Snap Inc: down 5.7 pct
 BUZZ-Snap tumbles in busy trading after reporting user decline
 UPDATE 3-Snap's strategy shifts win over advertisers more than users

 ** Tesla Inc: down 1.8 pct
 BUZZ-Street View: Tesla going private makes sense, shareholder approval remains
 ** Michael Kors Holdings Ltd: up 6.5 pct
 BUZZ-Michael Kors: Rises on Q2 beat, forecast raise
 UPDATE 4-Jimmy Choo helps Michael Kors strut past estimates, raise
 ** Papa John's International Inc: down 4.1 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
 ** Boston Scientific Corp: up 2.8 pct
 BUZZ-Boston Scientific: Rises on deal to buy stent maker Veniti
 ** Mylan N.V.: down 1.6 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 1.3 pct
 BUZZ-Kraft Heinz lower on $1.2 bln sale by Brazil's 3G Capital
 ** CVS Health Corp: up 2.4 pct
 BUZZ-CVS Health Corp: Rises after Q2 profit beat
 UPDATE 1-CVS Health profit beats on higher prescription drug sales
 ** Thomson Reuters Corp: up 3.3 pct
 UPDATE 4-Thomson Reuters on offense as Blackstone deal nears
 ** The New York Times Co: down 6.2 pct
  UPDATE 2-New York Times' digital subscriber growth slows, shares
 ** The Walt Disney Co: down 1.8 pct
 BUZZ-Street View: Walt Disney Q3 "not as good as hoped"
 UPDATE 3-Disney quarterly profit falls short as streaming costs rise

 ** Newell Brands Inc: down 5.2 pct
 BUZZ-Newell Brands: At multi-year low, analysts unimpressed with Q2 report

 ** Albemarle Corp: up 5.4 pct
 BUZZ-Albemarle: Up after strong Q2 results, buyback raise
 ** Applied Optoelectronics Inc: up 10.3 pct
 BUZZ-Applied Optoelectronics: Jumps as Q2 results beat estimates
 ** Regeneron Pharmaceuticals  Inc: down 4.5 pct
 ** Amgen Inc: down 2.0 pct
 BUZZ-Amgen, Regeneron fall on CMS decision for Medicare Advantage plans

 ** Celgene Corp: up 1.2 pct
 BUZZ-Celgene: RBC mulls biotech going private after Tesla talk
 ** Magna International Inc: down 8.3 pct
 BUZZ-Magna International: Plunges on North America production forecast cut

 ** Cimarex Energy Co: down 8.8 pct
 BUZZ-Cimarex Energy: Slides after profit miss, JPM downgrade
 ** Match Group Inc: up 18.3 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

 ** Inc: down 4.7 pct Reports Q2 Adjusted Earnings Per Share $0.48
 ** Assurant Inc: up 1.7 pct
 BUZZ-Assurant: Climbs on upbeat quarter
 ** Strongbridge Biopharma Plc: up 16.7 pct
 BUZZ-Strongbridge Biopharma: Surges on drug trial results, smaller Q2
  ** CyberArk Software Ltd: up 10.7 pct
 BUZZ-CyberArk jumps after earnings beat, JPMorgan upgrade
 ** 3D Systems Corp: up 32.7 pct
 BUZZ-3D Systems: Higher printer sales drive biggest earnings beat in 2 years

 ** Telaria Inc: up 8.5 pct
 BRIEF-Telaria Q2 Revenue Rose 25 Percent To $12.4 Million
 ** Flotek Industries Inc: down 21.6 pct
 BUZZ-Flotek Industries: Hits over 7-1/2 year low after rough
 ** Hostess Brands Inc: down 16.4 pct
 BUZZ-Hostess Brands Inc: Falls on RBC downgrade
 ** Extreme Networks Inc: down 30.8 pct
 BUZZ-Extreme Networks: Slumps as distribution initiatives hit revenue
 ** Hortonworks Inc: up 17.0 pct
 BUZZ-Hortonworks Inc: Lifted by smaller loss, strong guide
 ** CarGurus Inc: up 19.1 pct
 BUZZ-CarGurus shares in overdrive after earnings beat, broker upgrade

 ** BEST Inc: down 5.1 pct
 BRIEF-Best Inc Reports Q2 Loss Per Share of $0.04
 ** Diodes Inc: up 1.4 pct
 BRIEF-Diodes Incorporated Reports Second Quarter 2018 Financial Results

 ** OPKO Health Inc: down 1.4 pct
 BRIEF-OPKO Health Q2 Loss Per Share $0.01
 ** Beacon Roofing Supply Inc: down 12.5 pct
 BUZZ-Beacon Roofing Supply: Slips as weather conditions cloud FY outlook

 ** Ekso Bionics Holdings Inc: down 1.7 pct
 BRIEF-Ekso Bionics Holdings Q2 Loss Per Share $0.13
 ** Maxwell Technologies Inc: up 2.6 pct
 BRIEF-Maxwell Commences Public Offering Of Common Stock
 ** Caesarstone Ltd <CSTE.O >: up 20.0 pct
 BUZZ-Caesarstone Ltd: Rises as Q2 profit beats estimates
 ** Boot Barn Holdings Inc: up 13.6 pct
 BUZZ-Boot Barn: Hits near 3-yr high on Q2 beat, FY forecast raise
 ** iCAD Inc: up 9.8 pct
 BRIEF-Icad Receives FDA Clearance Of Powerlook Density Assessment For Digital
Breast Tomosynthesis
 ** Endo International Plc: up 29.9 pct
 BUZZ-Endo: Soars after beat-and-raise Q2, new licensing deal
 ** Sanchez Energy Corp: down 5.4 pct
 BUZZ-Sanchez Energy: Slides to 3-month low on RBC downgrade
 ** Titan Medical Inc: down 21.2 pct
 BUZZ-Titan Medical: Plunges on units offering
 ** Insys Therapeutics Inc: up 17.0 pct
 BUZZ-Insys Therapeutics: Agreement with U.S. DoJ removes "biggest overhang"
 ** Dean Foods Co: up 4.6 pct
 BUZZ-Dean Foods: Deutsche Bank raises to "hold"
 ** REGENXBIO Inc: down 2.6 pct
 BUZZ-Regenxbio Inc: Slides on Q2 miss [nL4N1UZ53
 ** Vitamin Shoppe Inc: up 29.0 pct
 BUZZ-Vitamin Shoppe: Pops on big earnings beat
 ** Avis Budget Group Inc: down 15.3 pct
 BUZZ-Avis Budget: Tumbles after trimming revenue forecast
 ** Depomed Inc: down 12.8 pct
 BUZZ-Name change fails to excite Depomed investors after weak Q2 revenue

 ** Core Molding Technologies, Inc: down 26.0 pct
 BUZZ-Core Molding Tech: Lowest in 2-1/2 years as profit plunges
 The 11 major S&P 500 sectors:
 Consumer Discretionary             up 0.15 pct
 Consumer Staples                   down 0.50 pct
 Energy                             down 0.92 pct
 Financial                          up 0.27 pct
 Health                             up 0.14 pct
 Industrial                         down 0.30 pct
 Information Technology             up 0.27 pct
 Materials                          down 0.13 pct
 Real Estate                        down 0.36 pct
 Teleservices                       up 0.22 pct
 Utilities                          down 0.62 pct
 (Compiled by Bharath Manjesh in Bengaluru)
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