Stocks making the biggest moves midday: HP, Box, Anheuser-Busch, Square & more

div > div.group > p:first-child"> HP Inc. — HP stock tumbled more than 16 percent after the computer and printer maker saw revenue miss estimates amid weakness in printer supply sales. HP said its market share and pricing for those supplies came under pressure during the quarter. Based on those results and the company's comments, Bank of America Merrill Lynch downgraded the stock by two notches, from"buy" to"underperform".

L Brands — Shares of L Brands fell 8 percent after the owner of Victoria's Secret and Bath & Body Works reported mixed results in the holiday quarter and announced plans to close 53 Victoria's Secret stores this year. Its earnings came in seven cents above estimates with adjusted quarterly profit of $2.14 per share, while the fashion retailer's revenue fell below forecasts on declining sales at its Victoria's Secret brand.

Celgene — Shares of biotechnology company Celgene sank more than 7 percent after two major Bristol-Myers Squibb shareholders announced their opposition to a deal between the two companies. Earlier this year, Bristol-Myers announced its intention to buy Celgene for $74 billion; that deal is now opposed by Starboard Value and top Bristol-Myers stakeholder, Wellington Management.

Ok good but I've got to go shopping now...

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves after hours: L Brands, Square, HP and moreSee which stocks are posting big moves after the bell on February 27.
Source: CNBC - 🏆 12. / 72 Read more »

Tech earnings were ugly Wednesday night and the companies that reported are getting crushedHP, Box and Booking shares all plummeted on Thursday after the companies reported quarterly results. HPQ, A, HPE Hewlett Packard has been a domestic slo-motion train wreck since the 1970's. Thoughts & Prayers buttercups.
Source: CNBC - 🏆 12. / 72 Read more »

Tech stocks take a beating after hours on disappointing earnings reportsBox, HP, Square, Fitbit and Elastic are among the technology companies that declined after reporting earnings on Wednesday. Including Cisco ?
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: JC Penney, Square, Tesla, L Brands & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Berkshire Hathaway, General Electric, Twitter & moreSome of the names on the move ahead of the open. GE is Global but still 100% American LiberalismIsAMentalDisorder
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: General Electric, Caterpillar, Wayfair & moreThese are the stocks posting the largest moves midday Monday.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Lowe's, Best Buy, Weight Watchers, Office Depot & moreSome of the names on the move ahead of the open. Today most earnings good. Market will be better than yesterday Helloooooo chk crushes earnings up 10% pre-market
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Best Buy, IMAX, Campbell Soup, Mylan & moreThese are the stocks posting the largest moves midday Wednesday. D key
Source: CNBC - 🏆 12. / 72 Read more »