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SMIT — Schmitt Industries News Story

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IndustrialsHighly SpeculativeMicro Cap

U.S. STOCKS ON THE MOVE-Comcast, Fox, Philip Morris, AbbVie, drug supply chain stocks

* Eikon search string for individual stock moves:  STXBZ 
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U.S. stocks fell on Thursday after a slew of weak quarterly
reports dampened hopes of a robust earnings season, with a
strengthening dollar and trade tensions also weighing on.  .N 
    At 12:03 p.m. ET, the Dow Jones Industrial Average  .DJI 
was down 0.26 percent at 25,132.66. The S&P 500  .SPX  was down
0.24 percent at 2,808.89 and the Nasdaq Composite  .IXIC  was
down 0.16 percent at 7,841.646.
 
 The top three S&P 500  .PG.INX  percentage gainers:
 ** Snap-On Inc  SNA.N , up 5.5 pct
 ** Danaher  DHR.N , up 5.2 pct
 ** Dover Corp  DOV.N , up 5.1 pct
 
 The top three S&P 500  .PL.INX  percentage losers:
 ** EBay Inc  EBAY.O , down 7.8 pct
 ** Freeport-McMoRan Inc  FCX.N , down 6.9 pct
 ** Bank of New York Mellon Corp  BK.N , down 5.6 pct
 
 The top three NYSE  .PG.N  percentage gainers:
 ** Dominion Energy Midstream Partners LP  DM.N , up 26.4 pct
 ** TC PipeLines LP  TCP.N , up 25 pct
 ** Trio-Tech International  TRT.N , up 12.4 pct
 
 The top three NYSE  .PL.N  percentage losers:
 ** Alcoa Corp  AA.N , down 11.5 pct
 ** RiverNorth Opportunities Fund Inc  RIV.N , down 7.2 pct
 ** Freeport-McMoRan Inc  FCX.N , down 6.9 pct
 
 The top three Nasdaq  .PG.O  percentage gainers:
 ** Establishment Labs Holdings Inc  ESTA.O , up 41.6 pct
 ** Schmitt Industries Inc  SMIT.O , up 32.6 pct
 ** Tilray Inc  TLRY.O , up 28.7 pct
 
 The top three Nasdaq  .PL.O  percentage losers:
 ** Mersana Therapeutics Inc  MRSN.O , down 34.2 pct
 ** Constellation Pharmaceuticals Inc  CNST.O , down 26.1 pct
 ** Wintrust Financial Corp  WTFCW.O , down 13.5 pct
 
 
 
 ** Comcast Corp  CMCSA.O : up 3.1 pct
 ** Twenty-First Century Fox  FOXA.O : down 1.5 pct
 UPDATE 4-Comcast concedes to Disney in bidding war for Fox
assets  urn:newsml:reuters.com:*:nL4N1UF4G1
 
 ** eBay Inc  EBAY.O : down 7.8 pct
 UPDATE 2-EBay revenue misses as weak U.S. sporting season hits
StubHub  urn:newsml:reuters.com:*:nL4N1UE57V
 BUZZ-EBay: Set to turn negative for the year on Q2 rev miss,
bleak forecasts  urn:newsml:reuters.com:*:nL4N1UF489
 BUZZ-Street View: eBay faces continued market share loss,
StubHub weakness to persist  urn:newsml:reuters.com:*:nL4N1UF2SF
 
 ** American Express Co  AXP.N : down 2.4 pct
 UPDATE 1-AmEx rewards program costs cloud strong quarterly
results  urn:newsml:reuters.com:*:nL4N1UE57L
 BUZZ-Street View: American Express marketing, rewards expenses
disappoint  urn:newsml:reuters.com:*:nL4N1UF3LU
 
 ** Domino's Pizza Inc  DPZ.N : down 1.9 pct
 UPDATE 1-Domino's international same-store sales fail to
deliver, shares slip  urn:newsml:reuters.com:*:nL4N1UF46G
 BUZZ-Dominos's Pizza: Falls as comp sales fail to deliver
 urn:newsml:reuters.com:*:nL4N1UF48F
 
 ** Tesla Inc  TSLA.O : down 2.4 pct
 BUZZ-Tesla: Falls after Needham downgrades on lower Model S/X
sales, gross margin pressure  urn:newsml:reuters.com:*:nL4N1MH2JP
 
 ** Philip Morris International Inc  PM.N : down 3.3 pct
 BUZZ-Philip Morris tumbles on lowered FY profit forecast
 urn:newsml:reuters.com:*:nL4N1UF4GM
 BUZZ-Street View: Philip Morris' iQOS revamp takes toll on
forecast  urn:newsml:reuters.com:*:nL4N1UF4LZ
 
 ** AbbVie Inc  ABBV.N : down 4.6 pct
 BUZZ-AbbVie Inc: Biggest drag on S&P 500 after short-seller
Citron tweet  urn:newsml:reuters.com:*:nL4N1UF4PG
 
 ** Amazon.com Inc  AMZN.O : down 0.6 pct
 BUZZ-Amazon, Walmart could be eyeing health insurer megamergers
 urn:newsml:reuters.com:*:nL4N1UF4MN
 
 ** CVS Health Corp  CVS.N : down 2.0 pct
 ** Express Scripts Holding Corp  ESRX.O : down 0.6 pct
 ** UnitedHealth Group  UNH.N : down 1.1 pct
 ** Cigna Corp  CI.N : down 0.6 pct
 ** Aetna Inc  AET.N : down 1.1 pct
 ** Amerisourcebergen  ABC.N : down 0.6 pct
 ** McKesson Corp  MCK.N : down 0.2 pct
 ** Cardinal Health  CAH.N : up 0.4 pct
 BUZZ-Drug supply chain slides as regulators move against
rebates  urn:newsml:reuters.com:*:nL4N1UF4T6
 
 ** General Motors Co  GM.N : down 1.2 pct
 ** Ford Motor Co  F.N : down 0.4 pct
 BUZZ-GM, Ford drop as U.S. holds hearing on auto import probe
 urn:newsml:reuters.com:*:nL4N1UF4QO
 
 ** International Business Machines Corp  IBM.N : up 3.1 pct
 BUZZ-Street View: IBM gains on mainframe business, gross margin
a concern  urn:newsml:reuters.com:*:nL4N1M121K
 
 ** Alcoa Corp  AA.N : down 11.5 pct
 ** Century Aluminum Co  CENX.O : down 9.5 pct
 BUZZ-Aluminum cos: Lose shine after Alcoa cuts EBITDA forecast
blaming tariffs  urn:newsml:reuters.com:*:nL4N1UE5H1
 BUZZ-Alcoa: Use the dip to buy ahead of div or buybacks
-analysts  urn:newsml:reuters.com:*:nL4N1UF3PK
 
 ** Square Inc  SQ.N : up 3.5 pct
 BUZZ-Square Inc: Credit Suisse upgrades to "outperform"
 urn:newsml:reuters.com:*:nL4N1UF3HG
 
 ** W.W. Grainger Inc  GWW.N : up 1.9 pct
 BUZZ-W.W. Grainger: Analysts up PTs after price cuts, macro
trends drive Q2  urn:newsml:reuters.com:*:nL4N1UF3QO
 
 ** Cisco Systems Inc  CSCO.O : up 0.3 pct
 BUZZ-Cisco: Up on report AWS has no switch biz plans
 urn:newsml:reuters.com:*:nL4N1UF3US
 
 ** F5 Networks Inc  FFIV.O : down 3.7 pct
 BUZZ-F5 Networks: MS expects weak sales in near-term, cuts
rating  urn:newsml:reuters.com:*:nL4N1UF3WD
 
 ** Arcadia Biosciences Inc  RKDA.O : up 10.5 pct
 BUZZ-Arcadia Biosciences: Jumps as hybrid tomatoes hit a
positive milestone  urn:newsml:reuters.com:*:nL4N1UF3X8
 
 ** Shoe Carnival Inc  SCVL.O : down 6.2 pct
 BUZZ-Shoe Carnival: Susquehanna cuts to "neutral"  urn:newsml:reuters.com:*:nL4N1UF40C
 
 ** Medigus Ltd  MDGS.O : down 11.9 pct
 BUZZ-Medigus: Eyes record low after offering  urn:newsml:reuters.com:*:nL4N1UF414
 
 ** Danaher Corp  DHR.N : up 5.2 pct
 BUZZ-Danaher Corp: Rises on dental biz spinoff plan
 urn:newsml:reuters.com:*:nL4N1UF43E
 UPDATE 1-Danaher to spin off dental unit; to complete in 2019
 urn:newsml:reuters.com:*:nL4N1UF3T1
 BUZZ-Street View: Danaher's impressive core growth, dental
spinoff a positive  urn:newsml:reuters.com:*:nL4N1UF4LJ
 
 ** Vical Inc  VICL.O : up 9.5 pct
 BUZZ-Vical Incorp: Jumps after co says reviewing strategic
options  urn:newsml:reuters.com:*:nL4N1UF411
 
 ** Schmitt Industries Inc  SMIT.O : up 32.6 pct
 BUZZ-Schmitt Industries: Jumps on Q4 profit vs. year-ago loss,
higher sales  urn:newsml:reuters.com:*:nL4N1UF45F
 
 ** Freeport-McMoRan Inc  FCX.N : down 6.9 pct
 ** Newmont Mining Corp  NEM.N : down 0.2 pct
 ** Alcoa Corp  AA.N : down 11.5 pct
 ** U.S. Steel Corp  X.N : down 1.7 pct
 ** AK Steel Holding Corp  AKS.N : down 1.7 pct
 BUZZ-U.S. metals stocks hit by LME sell-off, China concerns
 urn:newsml:reuters.com:*:nL4N1UF439
 
 ** Datawatch Corp  DWCH.O : up 11.5 pct
 BUZZ-Datawatch: Eyes near 4-yr high on strong Q3 results
 urn:newsml:reuters.com:*:nL4N1UF4FO
 
 ** Mersana Therapeutics Inc  MRSN.O : down 34.2 pct
 BUZZ-Mersana Therapeutics: Plunges after FDA puts trial on
partial hold  urn:newsml:reuters.com:*:nL4N1UF4GE
 
 ** Meet Group Inc  MEET.O : up 10.7 pct
 BUZZ-Meet Group: Rises after Canaccord says 'buy'  urn:newsml:reuters.com:*:nL4N1UF4G4
 
 ** Qualcomm Inc  QCOM.O : up 1.1 pct
 ** NXP Semiconductors NV  NXPI.O : down 3.0 pct
 BUZZ-Qualcomm: EU charge cuts gains seen in wake of NXP
contingency plan  urn:newsml:reuters.com:*:nL4N1UF4HN
 
 ** Travelers Cos Inc  TRV.N : down 3.1 pct
 BUZZ-Travelers Cos: Drops after biggest profit miss in 2 years
 urn:newsml:reuters.com:*:nL4N1UF4JP
 
 ** Fifth Third Bancorp  FITB.O : down 4.2 pct
 BUZZ-Fifth Third Bancorp: Down on lowered 2018 outlook
 urn:newsml:reuters.com:*:nL4N1UF4QG
 
 ** Tilray Inc  TLRY.O : up 28.7 pct
 Canadian cannabis company Tilray rises 36 pct in trading debut
 urn:newsml:reuters.com:*:nFWN1UF0V2
 UPDATE 1-Canadian cannabis company Tilray surges in Nasdaq
debut  urn:newsml:reuters.com:*:nL1N1UF0U1
 
 ** Union Pacific Corp  UNP.N : down 1.4 pct
 BUZZ-Street View: Operating expenses weigh on Union Pacific
 urn:newsml:reuters.com:*:nL4N1UF4PZ
 
 ** Bank of New York Mellon Corp  BK.N : down 5.6 pct
 BUZZ-BNY Mellon set for worst day in 2 yrs on loss of two
clients  urn:newsml:reuters.com:*:nL4N1UF4S7
 
 ** Dover Corp  DOV.N : up 5.1 pct
 BUZZ-Industrial products makers gain on upbeat earnings
 urn:newsml:reuters.com:*:nL4N1UF4SB
 
 ** BB&T Corp  BBT.N : down 4.9 pct
 BUZZ-BB&T Corp: Over six-month low on profit miss, lowered
outlook  urn:newsml:reuters.com:*:nL4N1UF4QR
 
 
 
 
 The 11 major S&P 500 sectors:
 
 
 Consumer Discretionary   .SPLRCD   up 0.29 pct
 Consumer Staples         .SPLRCS   down 0.03 pct
 Energy                   .SPNY     down 0.17 pct
 Financial                .SPSY     down 0.97 pct
 Health                   .SPXHC    down 0.49 pct
 Industrial               .SPLRCI   down 0.28 pct
 Information Technology   .SPLRCT   down 0.16 pct
 Materials                .SPLRCM   down 0.79 pct
 Real Estate              .SPLRCR   up 0.75 pct
 Teleservices             .SPLRCL   down 0.84 pct
 Utilities                .SPLRCU   up 0.96 pct
 
 (Compiled by Akanksha Rana in Bengaluru)
 ((Reuters Messaging:
akanksha.rana.thomsonreuters.com@reuters.net))

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