Stocks to Watch: NEM, CAG, STX & More
Take a look at some of Thursday's midday movers:
Gold stocks are getting hit as gold prices plummet. Newmont Mining ; Goldcorp ; Barrick Gold ; Freeport McMoRan and AngloGold are all lower.
ConAgra rose after its quarterly profit beat Street estimates.
Hard-Disk drive makers Seagate and Western Digital were lower on a soft PC market.
Clothing maker PVH moved higher after the clothing maker reaffirmed 2Q and fiscal year guidance. Goldman said that should drive a relief rally.
Chesapeake Energy lost ground in a down market. The company named a new chairman, former Conoco-Phillips chairman Archie Dunham, to replace Aubrey McClendon.
Dendreon moved higher on renewed takeover speculation.
Under Armour fell after UBS downgraded the stock. It said the company benefited from warm weather in March and April, which likely pulled sales forward.
Federal Signal jumped on news that 3M (MMM) was buying its electronic tolling business for $110 million.
Energy stocks were lower after oil prices fell below $80 a barrel for the first time since October 2011. Exxon-Mobil ; BP ; Chevron and Valero all fell.
Best Buy lost ground despite raising its dividend by a penny to 17 cents a share.
Universal Display rose following positive comments from Goldman Sachs, which reiterated a buy rating and $61 price target.
Sun Healthcare soared after the nursing-home provider was provided by privately held Genesis Healthcare.
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