Check out the companies making headlines in midday trading. McDonald's — McDonald's shares jumped more than 4% even after the fast-food giant posted quarterly earnings and revenue that fell short of Wall Street's estimates. The company also reported a decline in same-store sales. Revvity — The life sciences company advanced 6% after posting a second-quarter earnings beat. Revvity's adjusted earnings of $1.22 per share topped the FactSet estimate of $1.12 per share.
The firm sees the company's guidance at risk, citing an inability in a "tougher" environment to tackle key issues like inventory, pricing and lack of model age when compared to its peers. Walt Disney — Shares of the entertainment giant gained 2% after a big box office debut for "Deadpool & Wolverine." The new Marvel movie topped $200 million at the domestic box office, a record opening weekend for an R-rated film.
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