— AutoZone shares fell more than 2% as traders pored over a mixed quarterly earnings report. The company's gross margins of 51.5% were slightly below a StreetAccount estimate of 51.9%. Still, AutoZone earned $40.50 per share in the previous quarter, beating a forecast of $38.
51 per share.— Shares of NCR slid almost 3% after being downgraded to equal-weight from overweight by Morgan Stanley. The firm said the path to unlocking shareholder value is"less clear and longer tailed" after the enterprise payment solutions company said Friday it would separate into two companies.
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