Stocks to Watch: Newell Rubbermaid, Expedia and More...
Wall Street was heading out of July on a negative note, with a sharp selloff at the open triggered by the debt impasse in Washington and news that economic growth was even more anemic than expected.
The major averages posted losses approaching 1 percent, with the Standard & Poor's 500 drifting nearer to key moving averages that, if breached, could lead a stronger move lower.
Here are six stocks that are on the move:
Newell Rubbermaid
The household products company's second quarter profit and sales beat estimates, but the company did lower its guidance for the rest of the year.
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VistaPrint
The online marketing materials provider was downgraded to neutral from outperform at Cowen and Company and at Oppenheimer.
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Expedia
The online travel company's second quarter profit rose as online travel bookings increased by nearly 20 percent.
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Royal Caribbean
The cruise line was downgraded to neutral from overweight at JP Morgan.
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Whole Foods
The natural and organic foods supermarket reported a 32 percent rise in third quarter earnings beating estimates.
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Motorola Mobility
The mobile company reported higher than expected second quarter revenue, but shares were fell due to weak guidance.
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