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SMIT — Schmitt Industries News Story

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U.S. STOCKS ON THE MOVE-eBay, Comcast, Fox Inc, Tesla, Philip Morris, IBM, metal stocks

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U.S. stock indexes were trading lower on Thursday, as a batch of weak quarterly
reports dampened a robust earnings season and trade tensions rose on news the
European Union may retaliate if United States slaps tariffs on EU cars.  .N 

At 9:59 ET, the Dow Jones Industrial Average  .DJI  was down 0.53 percent at
25,066.23. The S&P 500  .SPX  was down 0.48 percent at 2,802.1 and the Nasdaq
Composite  .IXIC  was down 0.47 percent at 7,817.817.
 
 The top three S&P 500  .PG.INX  percentage gainers:
 ** Danaher Corp  DHR.N , up 6.2 pct
 ** Williams Cos Inc  WMB.N , up 4.3 pct
 ** International Business Machines Corp  IBM.N , up 3.3 pct
 
 The top three S&P 500  .PL.INX  percentage losers:
 ** Ebay Inc  EBAY.O , down 9.7 pct
 ** Philip Morris International Inc  PM.N , down 6.3 pct
 ** AbbVie Inc  ABBV.N , down 6 pct
 
 The top three NYSE  .PG.N  percentage gainers:
 ** Dominion Energy Midstream Partners LP  DM.N , up 31.5 pct
 ** TC PipeLines LP  TCP.N , up 29.5 pct
 ** Trio-Tech International  TRT.N , up 12.4 pct
 
 The top three NYSE  .PL.N  percentage losers:
 ** Direxion Daily MSCI Brazil Bull 3X Shares  BRZU.N , down 8.2 pct
 ** Inphi Corp  IPHI.N , down 7.8 pct
 ** Alcoa Corp  AA.N , down 7.3 pct
 
 The top three Nasdaq  .PG.O  percentage gainers:
 ** Schmitt Industries Inc  SMIT.O , up 41.1 pct
 ** Mer Telemanagement Solutions Ltd  MTSL.O , up 26 pct
 ** Integrated Media Technology Ltd  IMTE.O , up 15.4 pct
 
 The top three Nasdaq  .PL.O  percentage losers:
 ** Mersana Therapeutics Inc  MRSN.O , down 36.2 pct
 ** Resources Connection Inc  RECN.O , down 12.2 pct
 ** Computer Task Group Inc  CTG.O , down 11.8 pct
 
 
 
 ** eBay Inc  EBAY.O : down 9.7 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
 
 ** Comcast Corp  CMCSA.O : up 2.9 pct
 ** Twenty-First Century Fox  FOXA.O : down 1.6 pct
 UPDATE 2-Comcast drops pursuit for Fox assets, to focus on Sky offer
 urn:newsml:reuters.com:*:nL4N1UF4G1
 BUZZ-Fox: Comcast scraps Fox bid amid takeover battle with Disney  urn:newsml:reuters.com:*:nL4N1UF4HD
 
 ** American Express Co  AXP.N : down 3.3 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 1.4 pct
 Domino's same-store sales at owned U.S. outlets miss estimates  urn:newsml:reuters.com:*:nL4N1UF459
 BUZZ-Dominos's Pizza: Falls as comp sales fail to deliver  urn:newsml:reuters.com:*:nL4N1UF48F
 
 ** Tesla Inc  TSLA.O : down 2.6 pct
 BUZZ-Tesla: Falls after Needham downgrades on lower Model S/X sales, gross
margin pressure  urn:newsml:reuters.com:*:nL4N1MH2JP
 
 ** Procter & Gamble Co  PG.N : down 0.4 pct
 BUZZ-Procter & Gamble: Drops on rating cut  urn:newsml:reuters.com:*:nL4N1UF4KH
 
 ** Amazon.com Inc  AMZN.O : down 0.3 pct
 ** Walmart Inc  WMT.N : down 0.1 pct
 BUZZ-Amazon, Walmart could be eyeing health insurer megamergers  urn:newsml:reuters.com:*:nL4N1UF4MN
 
 ** Philip Morris International Inc  PM.N : down 6.3 pct
 BUZZ-Philip Morris tumbles on lowered FY profit forecast  urn:newsml:reuters.com:*:nL4N1UF4GM
 Philip Morris International Inc reports results for the quarter ended in June
 urn:newsml:reuters.com:*:nL8N1UF43S
 
 ** Qualcomm Inc  QCOM.O : up 0.5 pct
 ** NXP Semiconductors NV  NXPI.O : down 3.4 pct
 BUZZ-Qualcomm: EU charge cuts gains seen in wake of NXP contingency plan
 urn:newsml:reuters.com:*:nL4N1UF4HN
 
 ** International Business Machines Corp  IBM.N : up 3.3 pct
 BUZZ-Street View: IBM gains on mainframe business, gross margin a concern
 urn:newsml:reuters.com:*:nL4N1M121K
 
 ** Alcoa Corp  AA.N : down 7.3 pct
 ** Century Aluminum Co  CENX.O : down 6.8 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 2.9 pct
 BUZZ-Square Inc: Credit Suisse upgrades to "outperform"  urn:newsml:reuters.com:*:nL4N1UF3HG
 
 ** W.W. Grainger Inc  GWW.N : up 1.1 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 0.9 pct
 BUZZ-Cisco: Up on report AWS has no switch biz plans  urn:newsml:reuters.com:*:nL4N1UF3US
 
 ** F5 Networks Inc  FFIV.O : down 4.4 pct
 BUZZ-F5 Networks: MS expects weak sales in near-term, cuts rating  urn:newsml:reuters.com:*:nL4N1UF3WD
 
 ** Arcadia Biosciences Inc  RKDA.O : up 14.5 pct
 BUZZ-Arcadia Biosciences: Jumps as hybrid tomatoes hit a positive milestone
 urn:newsml:reuters.com:*:nL4N1UF3X8
 
 ** Shoe Carnival Inc  SCVL.O : down 8.3 pct
 BUZZ-Shoe Carnival: Susquehanna cuts to "neutral"  urn:newsml:reuters.com:*:nL4N1UF40C
 
 ** Medigus Ltd  MDGS.O : down 8.9 pct
 BUZZ-Medigus: Eyes record low after offering  urn:newsml:reuters.com:*:nL4N1UF414
 
 ** Danaher Corp  DHR.N : up 6.2 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
 
 ** Vical Inc  VICL.O : up 7.4 pct
 BUZZ-Vical Incorp: Jumps after co says reviewing strategic options  urn:newsml:reuters.com:*:nL4N1UF411
 
 ** Schmitt Industries Inc  SMIT.O : up 41.1 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 5.7 pct
 ** Newmont Mining Corp  NEM.N : up 0.1 pct
 ** Alcoa Corp  AA.N : down 7.3 pct
 ** U.S. Steel Corp  X.N : down 1.2 pct
 ** AK Steel Holding Corp  AKS.N : down 1.6 pct
 BUZZ-U.S. metals stocks hit by LME sell-off, China concerns  urn:newsml:reuters.com:*:nL4N1UF439
 
 ** Datawatch Corp  DWCH.O : up 11.9 pct
 BUZZ-Datawatch: Eyes near 4-yr high on strong Q3 results  urn:newsml:reuters.com:*:nL4N1UF4FO
 
 ** Mersana Therapeutics Inc  MRSN.O : down 36.2 pct
 BUZZ-Mersana Therapeutics: Plunges after FDA puts trial on partial hold
 urn:newsml:reuters.com:*:nL4N1UF4GE
 
 ** Meet Group Inc  MEET.O : up 9.3 pct
 BUZZ-Meet Group: Rises after Canaccord says 'buy'  urn:newsml:reuters.com:*:nL4N1UF4G4
 
 ** Travelers Cos Inc  TRV.N : down 3.7 pct
 BUZZ-Travelers Cos: Drops after biggest profit miss in 2 years  urn:newsml:reuters.com:*:nL4N1UF4JP
 
 
 
 The 11 major S&P 500 sectors:
 
 
 Consumer Discretionary   .SPLRCD   up 0.06 pct
 Consumer Staples         .SPLRCS   down 0.77 pct
 Energy                   .SPNY     up 0.24 pct
 Financial                .SPSY     down 1.22 pct
 Health                   .SPXHC    down 0.88 pct
 Industrial               .SPLRCI   down 0.66 pct
 Information Technology   .SPLRCT   down 0.32 pct
 Materials                .SPLRCM   down 1.22 pct
 Real Estate              .SPLRCR   up 0.28 pct
 Teleservices             .SPLRCL   down 0.40 pct
 Utilities                .SPLRCU   up 0.86 pct
 
 (Compiled by Akanksha Rana in Bengaluru)
 ((Reuters Messaging: akanksha.rana.thomsonreuters.com@reuters.net))

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