U.S. STOCKS ON THE MOVE-Cadence Design, Freeport, Whirlpool, Incyte, Coca-Cola, 3M
24/04/2018 18:34
* Eikon search string for individual stock moves: STXBZ
* The Day Ahead newsletter: http://tmsnrt.rs/2ggOmBi
* The Morning News Call newsletter: http://tmsnrt.rs/2fwPLTh
A sharp drop in so-called 'FAANG' group of technology stocks pushed the Nasdaq
Composite lower on Tuesday, with rising 10-year yields and contrasting earnings
reports from industrials also adding to the pressure. .N
At 13:23 ET, the Dow Jones Industrial Average .DJI was down 1.83 percent
at 24,001.01. The S&P 500 .SPX was down 1.21 percent at 2,638.05 and the
Nasdaq Composite .IXIC was down 1.58 percent at 7,016.282.
The top three S&P 500 .PG.INX percentage gainers:
** Cadence Design Systems Inc CDNS.O , up 9.7 pct [ urn:newsml:reuters.com:*:nL3N1S14DF]
** Whirlpool Corp WHR.N , up 5.2 pct urn:newsml:reuters.com:*:nL3N1S159C
** PulteGroup Inc PHM.N , up 3.7 pct urn:newsml:reuters.com:*:nL3N1S14EY
The top three S&P 500 .PL.INX percentage losers:
** Freeport-McMoRan Inc FCX.N , down 15.6 pct urn:newsml:reuters.com:*:nL3N1S14XI
** Waters Corp WAT.N , down 8.7 pct urn:newsml:reuters.com:*:nL3N1S1595
** 3M Company MMM.N , down 8.7 pct urn:newsml:reuters.com:*:nL1N1S10UK
The top three NYSE .PG.N percentage gainers:
** Santander Consumer USA Holdings Inc SC.N , up 14.5 pct urn:newsml:reuters.com:*:nFWN1S10KV
** Helix Energy Solutions Group Inc HLX.N , up 14.2 pct
** Systemax Inc SYX.N , up 9.3 pct
The top three NYSE .PL.N percentage losers:
** Freeport-McMoRan Inc FCX.N , down 15.6 pct urn:newsml:reuters.com:*:nL3N1S14XI
** Stepan Co SCL.N , down 14.8 pct urn:newsml:reuters.com:*:nASC09WZI
** Virnetx Hldg VHC.N , down 10.3 pct
The top three Nasdaq .PG.O percentage gainers:
** Check Cap Ltd CHEK.O , up 71.5 pct
** Atossa Genetics Inc ATOS.O , up 32.4 pct
** SemiLEDs Corp LEDS.O , up 25.9 pct
The top three Nasdaq .PL.O percentage losers:
** Signature Bank SBNYW.O , down 23.1 pct
** Arcadia Biosciences Inc RKDA.O , down 19.9 pct
** Gridsum Holding Inc GSUM.O , down 15.8 pct
** Whirlpool Corp WHR.N : up 5.2 pct
BUZZ-Gains on sales of compressor business, $1 bln buyback urn:newsml:reuters.com:*:nL3N1S159C
** Incyte Corp INCY.O : down 7.8 pct
BUZZ-Street View: Lower sales potential for Lilly-Incyte's baricitinib
urn:newsml:reuters.com:*:nL3N1S1515
** Epizyme Inc EPZM.O : down 13.7 pct
BUZZ-Street View: Epizyme's clinical hold on lead drug 'temporary' urn:newsml:reuters.com:*:nL3N1S15P2
** Evine Live Inc EVLV.O : up 35.9 pct
BUZZ-Soars on report of Amazon's interest urn:newsml:reuters.com:*:nL3N1S14G4
** Shire Plc SHPG.O : up 1.4 pct
BUZZ-Shire: Takeda tries again urn:newsml:reuters.com:*:nL8N1S14GM
** New Oriental Education & Technology Group EDU.N : up 3.6 pct
BUZZ-Results beat estimates urn:newsml:reuters.com:*:nL3N1S14DQ
** Cadence Design Systems CDNS.O : up 9.6 pct
BUZZ-Jumps on Q1 beat-and-raise urn:newsml:reuters.com:*:nL3N1S14DF
** Coca-Cola Co KO.N : down 2.4 pct
BUZZ-Beat sales est on demand for Coke Zero Sugar, Diet Coke urn:newsml:reuters.com:*:nL3N1S14G9
BUZZ-Coca-Cola: Gloomy outlook dampens Q1 beat urn:newsml:reuters.com:*:nL3N1S15HO
** Fifth Third Bancorp FITB.O : up 3.5 pct
BUZZ-Up on Q1 results beat urn:newsml:reuters.com:*:nL3N1S14CB
** Valeritas Holdings VLRX.O : down 29.8 pct
BUZZ- Dives on deep-discounted stock offering urn:newsml:reuters.com:*:nL3N1S14T7
** United Technologies Corp UTX.N : down 1.3 pct
** Verizon Communications Inc VZ.N : up 1.8 pct
** The Travelers Companies Inc TRV.N : down 4.1 pct
BUZZ-Verizon lone gainer among six reporting Dow members urn:newsml:reuters.com:*:nL3N1S15QG
** Caterpillar Inc CAT.N : down 6.3 pct
BUZZ-Turns lower after forecasting higher costs
BUZZ-Street View: Caterpillar's 'beat-and-raise' bodes well for dealers
urn:newsml:reuters.com:*:nL3N1S15BA
** 3M Co MMM.N : down 8.7 pct
BUZZ-3M: Shares dive, hit more than 7-month low after forecast cut urn:newsml:reuters.com:*:nL1N1S10UK
** Harley-Davidson Inc HOG.N : up 2.1 pct
BUZZ-Rises after Q1 results top Wall Street urn:newsml:reuters.com:*:nL3N1S14ZP
** KeyCorp KEY.N : up 1.3 pct
BUZZ-Susquehanna upgrades stock, raises PT on 2018 guidance urn:newsml:reuters.com:*:nL3N1S1503
** Weatherford International Plc WFT.N : up 4.8 pct
BUZZ-Smaller-than-expected Q1 loss urn:newsml:reuters.com:*:nL3N1S150C
** Sherwin-Williams Co SHW.N : down 4.4 pct
BUZZ-Falls as weak forecast clouds Q1 beat urn:newsml:reuters.com:*:nL3N1S153E
** Biogen Inc BIIB.O : up 2.8 pct
BUZZ-Street View: Biogen's inventory draw down hurts revenue urn:newsml:reuters.com:*:nL3N1S150M
** Alphabet Inc GOOGL.O : down 4.7 pct
BUZZ-Cost concerns push stock into the red for 2018, joining FB urn:newsml:reuters.com:*:nL3N1S15FD
** Chicago Bridge & Iron Co CBI.N : up 5.5 pct
** McDermott International Inc MDR.N : up 3.2 pct
BUZZ-Chicago Bridge & Iron jumps on optimism over McDermott deal urn:newsml:reuters.com:*:nL3N1S15JR
** Casa Systems Inc CASA.O : down 12.6 pct
BUZZ-Biggest fall since Dec IPO as top holders cut stakes urn:newsml:reuters.com:*:nL1N1S10VV
** Waters Corp WAT.N : down 8.7 pct
BUZZ-Waters shares drop on Q1 sales miss urn:newsml:reuters.com:*:nL3N1S1595
** Mitel Networks Corp MITL.O : up 9.7 pct
BUZZ-Hits 3-1/2 year high on buyout deal urn:newsml:reuters.com:*:nL3N1S14TW
** Sanmina Corp SANM.O : up 18.3 pct
BUZZ-Sanmina shares electric after results beat urn:newsml:reuters.com:*:nL1N1S10ZT
** Heidrick & Struggles HSII.O : up 17.4 pct
BUZZ-Heidrick & Struggles shares soar on report, outlook urn:newsml:reuters.com:*:nL1N1S110N
** Freeport-McMoRan Inc FCX.N : down 15.6 pct
BUZZ-Falls on Q1 profit miss urn:newsml:reuters.com:*:nL3N1S15LW
** Facebook Inc FB.O : down 3.6 pct
BUZZ-Facebook dips after report it hosted stolen data for sale urn:newsml:reuters.com:*:nL1N1S11AD
The 11 major S&P 500 sectors:
Consumer Discretionary .SPLRCD down 1.40 pct
Consumer Staples .SPLRCS down 0.73 pct
Energy .SPNY down 0.52 pct
Financial .SPSY down 0.51 pct
Health .SPXHC down 0.52 pct
Industrial .SPLRCI down 3.17 pct
Information Technology .SPLRCT down 1.82 pct
Materials .SPLRCM down 2.74 pct
Real Estate .SPLRCR up 0.39 pct
Teleservices .SPLRCL up 1.29 pct
Utilities .SPLRCU up 0.95 pct
(Compiled by Karan Nagarkatti)
((Reuters Messaging: karan.nagarkatti.thomsonreuters@reuters.net))