U.S. STOCKS ON THE MOVE-Nike, Biogen, Best Buy, Tesla, Boeing

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22/03/2019 15:51

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Wall Street's main indexes declined about 1 percent on Friday after a raft of
weak manufacturing data from the United States and Europe led to a yield-curve
inversion, stoking fears of an economic slowdown.  .N 
    At 11:30 ET, the Dow Jones Industrial Average  .DJI  was down 1.17 percent
at 25,658.93. The S&P 500  .SPX  was down 1.20 percent at 2,820.58 and the
Nasdaq Composite  .IXIC  was down 1.54 percent at 7,718.439.
 
 The top three S&P 500  .PG.INX  percentage gainers:
 ** Tiffany & Co  TIF.N , up 3.1 pct
 ** Conagra Brands Inc  CAG.N , up 3 pct
 ** J. M. Smucker Co  SJM.N , up 2.3 pct
 
 The top three S&P 500  .PL.INX  percentage losers:
 ** SVB Financial Group  SIVB.O , down 7.2 pct
 ** Cintas Corp  CTAS.O , down 6.4 pct
 ** Regions Financial Corp  RF.N , down 5.7 pct
 
 The top NYSE  .PG.N  percentage gainer:
 ** India Globalization Capital Inc  IGC.N , up 10.8 pct
 
 The top three NYSE  .PL.N  percentage losers:
 ** CorePoint Lodging Inc  CPLG.N , down 23 pct
 ** Zuora Inc  ZUO.N , down 14.5 pct
 ** JinkoSolar Holding Co. Ltd  JKS.N , down 13.8 pct
 
 The top two Nasdaq  .PG.O  percentage gainers:
 ** Seelos Therapeutics, Inc  SEEL.O , up 36 pct
 ** Hibbett Sports Inc  HIBB.O , up 25.8 pct
 
 The top three Nasdaq  .PL.O  percentage losers:
 ** Zions Bancorporation NA  ZIONW.O , down 15.4 pct
 ** SPI Energy Co. Ltd  SPI.O , down 11.1 pct
 ** PEPPER FOOD SERVICE CO. LTD  KPFS.O , down 10.5 pct
 
 
 ** Conatus Pharmaceuticals Inc  CNAT.O : down 55.0 pct
 BUZZ-Conatus stock halves after second major setback, drags NASH drug
developers  urn:newsml:reuters.com:*:nL3N2193EN
 
  ** Horizon Technology Finance Corp  HRZN.O : down 5.3 pct
 BUZZ-Horizon Tech Finance: Falls on planned 2 mln share offering  urn:newsml:reuters.com:*:nL1N2181OA
 
  ** NIKE Inc  NKE.N : down 5.1 pct
 BUZZ-Nike skids after quarterly results  urn:newsml:reuters.com:*:nL1N2181MK
 BUZZ-Street View: Buy the dip in Nike as it is outpacing Adidas  urn:newsml:reuters.com:*:nL3N2191XW
 
  ** PPG Industries Inc  PPG.N : down 4.6 pct
 BUZZ-PPG Industries: JP Morgan downgrades to underweight; sees Q1 headwinds in
end markets  urn:newsml:reuters.com:*:nL3N2191PD
 
  ** Southwest Airlines Co  LUV.N : down 1.8 pct
 BUZZ-Southwest Airlines: 3rd PT cut following Boeing's groundings  urn:newsml:reuters.com:*:nL3N219229
 
 ** Lumentum Holdings Inc  LITE.O : up 0.8 pct
 BUZZ-Lumentum Holdings: JPM upgrades to 'overweight', sees strong telecom
outlook  urn:newsml:reuters.com:*:nL4N1UG3AW
 
 ** Biogen Inc  BIIB.O : down 3.1 pct
 BUZZ-Biogen: MS double downgrades, says oper income at risk  urn:newsml:reuters.com:*:nL3N2191UY
 
 ** Best Buy Co. Inc  BBY.N : up 0.7 pct
 BUZZ-Best Buy: Oppenheimer upgrades to 'outperform'  urn:newsml:reuters.com:*:nL3N2191AJ
 
 ** Zuora Inc  ZUO.N : down 14.5 pct
 BUZZ-Drops on dismal forecast, slowing subscription growth  urn:newsml:reuters.com:*:nL3N2192O6
 
 ** Performance Shipping Inc  DCIX.O : down 3.2 pct
 BUZZ-Performance Shipping: Swells as CEO, other execs become top holders
 urn:newsml:reuters.com:*:nL3N2192PN
 
 ** 3M Company  MMM.N : down 1.6 pct
 BUZZ-3M: Problematic end markets remain so - Morgan Stanley  urn:newsml:reuters.com:*:nL3N2192MH
 
 ** Hibbett Sports Inc  HIBB.O : up 25.8 pct
 BUZZ-Hibbett Sports: Upbeat outlook drives shares higher  urn:newsml:reuters.com:*:nL3N2192PT
 
 ** Booking Holdings Inc  BKNG.O : down 2.7 pct
 BUZZ-Booking Holdings: Wedbush cuts rating, says Europe exposure to hurt
 urn:newsml:reuters.com:*:nL3N2192O8
 
 ** Sorrento Therapeutics Inc  SRNE.O : down 1.5 pct
 BUZZ-Sorrento: Merger with non-opioid pain drug developer drags down shares
 urn:newsml:reuters.com:*:nL3N2192OQ
 
 ** Avon Products Inc  AVP.N : up 6.8 pct
 BUZZ-Avon Products: Gains after report on deal to put it back together
 urn:newsml:reuters.com:*:nL3N2192TW
 
 ** The Greenbrier Companies Inc  GBX.N : down 9.7 pct
 BUZZ-Greenbrier: Drops on weak outlook due to execution woes  urn:newsml:reuters.com:*:nL3N2192VH
 
 ** Pivotal Software Inc  PVTL.N : down 3.3 pct
 BUZZ-Pivotal Software: Top Wall St bull says buy on post-Q4 choppiness
 urn:newsml:reuters.com:*:nL3N2192WC
 
  ** Horizon Technology Finance Corp  HRZN.O : down 5.3 pct
 BUZZ-Horizon Tech Finance: Drops on $24 mln stock deal  urn:newsml:reuters.com:*:nL1N2190C0
 
  ** CyberArk Software Ltd  CYBR.O : down 2.8 pct
 BUZZ-CyberArk Software still has much more green field ahead - Wedbush
 urn:newsml:reuters.com:*:nL3N2192WG
 
  ** Fidelity National Information Services Inc  FIS.N : up 0.6 pct
 BUZZ-Fidelity: Wedbush adds to its 'Best Ideas List'; raises PT  urn:newsml:reuters.com:*:nL3N2192ZD
 
 ** JinkoSolar Holding Co. Ltd  JKS.N : down 13.8 pct
 BUZZ-JinkoSolar falls on Q4 profit, revenue misses  urn:newsml:reuters.com:*:nL3N21932S
 
 ** Goldcorp Inc  GG.N : down 3.3 pct
 BUZZ-Goldcorp: Drops as Paulson decries Newmont bid  urn:newsml:reuters.com:*:nL3N21937F
 
 ** Papa John's International Inc  PZZA.O : up 3.7 pct
 BUZZ-Papa John's adds pizzazz with Shaq board seat  urn:newsml:reuters.com:*:nL3N21937N
 
 ** The Boeing Company  BA.N : down 2.4 pct
 BUZZ-Boeing nears post Ethiopian crash low, if losses hold  urn:newsml:reuters.com:*:nL3N219369
 
 ** Tesla Inc  TSLA.O : down 2.3 pct
 BUZZ-Tesla falls after Cowen expects U.S. Model 3 demand to be soft until $35K
model release  urn:newsml:reuters.com:*:nL3N21936W
 
 ** BlackRock Inc  BLK.N : down 2.8 pct
 BUZZ-BlackRock Inc: Falls on plans to buy investment software provider
 urn:newsml:reuters.com:*:nL3N21939T
 
 ** Morgan Stanley  MS.N : down 3.6 pct
 ** JPMorgan Chase & Co  JPM.N : down 2.6 pct
 ** Goldman Sachs Group Inc  GS.N : down 2.3 pct
 ** Bank of America Corp  BAC.N : down 4.6 pct
 ** Wells Fargo & Co  WFC.N : down 2.9 pct
 ** Citigroup Inc  C.N : down 4.7 pct
 BUZZ-U.S. banks fall as yield curve gets inverted for 1st time since 2007
 urn:newsml:reuters.com:*:nL3N2193EG
 
 ** Chegg Inc  CHGG.N : down 3.8 pct
 BUZZ-Chegg falls after Citron criticizes business model  urn:newsml:reuters.com:*:nL3N2193C5
      
 The 11 major S&P 500 sectors:
 
 Communication Services   .SPLRCL   down 0.96 pct
 Consumer Discretionary   .SPLRCD   down 1.10 pct
 Consumer Staples         .SPLRCS   up 0.35 pct
 Energy                   .SPNY     down 2.42 pct
 Financial                .SPSY     down 2.50 pct
 Health                   .SPXHC    down 1.01 pct
 Industrial               .SPLRCI   down 1.68 pct
 Information Technology   .SPLRCT   down 1.26 pct
 Materials                .SPLRCM   down 2.36 pct
 Real Estate              .SPLRCR   up 0.65 pct
 Utilities                .SPLRCU   up 1.23 pct
 
 (Compiled by Aakash Jagadeesh Babu in Bengaluru)
 ((Aakash.B@thomsonreuters.com; within the U.S. +16462238780, outside the U.S.
+91  80 67491576; Reuters Messaging: Aakash.B.thomsonreuters.com@reuters.net))