Stocks to Watch: AAPL, SKS, LXK & More
Take a look at some of Friday's midday movers:
Apple moved higher. The company rejoined the ‘EPEAT’ environmental rating system, acknowledging that its decision to stop participating was a mistake.
Financials, including Citigroup, Goldman Sachs,Bank of America, State Street, Bank of New York Mellon all gained ground on the heels of JPMorgan’s and Wells Fargo second quarter earnings reports.
Saks moved lower after Bank of America Merrill Lynch downgraded the retailer to "underperform," lowered estimates and cut its price target to $9 amid worries about the high end consumer.
Lexmark fell after cutting its second quarter guidance on weaker than expected demand. The news helped bring down fellow printer makers Hewlett-Packard and Xerox .
Cytec rose after the specialty chemicals maker reported better-than-expected second-quarter earnings.
Dean Foods continued to fall on concerns rising corn products will drive up milk costs. The stock has fallen more than 15 percent this week.
Petrobas jumped on the heels of a 6-percent hike in wholesale prices it charges for diesel fuel.
Questcor fell after the biopharma company delivered a presentation at the JMP Securities Healthcare Conference that traders said was disappointing.
Green Mountain Coffee Roasters also down as Stifel Nicolaus cut its full-year earnings estimates, citing increased costs and lower prices.
Presidential Life surged after the insurer agreed to be bought for $415 million by Athene Holding .
Noble rose after Goldman increased its earnings estimates for the offshore drilling contractor and raised its 6-month price target to $46.
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