Stocks to Watch: BA, VLO, LLY & More
Take a look at some of Tuesday's midday movers:
Boeing moved higher after it raised the price of its commercial aircraft by 5.5 percent.
Eli Lilly moved lower on lowered expectations for its experimental drug. This comes after the failure of a similar drug co-developed by Johnson & Johnson and Pfizer . Separately, Pfizer agreed to pay $26.3 million to the SEC to settle a foreign bribery case.
West Coast refiners Valero, Tesoro and AlonUSA Energy all rallied at the expense of Chevron as the energy company deals with its Richmond, California refinery fire.
Nu Skin Enterprises got slammed after short-selling website Cintron Research said its China sales are in jeopardy due to violations. Herbalife also fell in sympathy.
Applied Materials rose after Goldman Sachs upgraded the chipmaker to "buy," citing new management. It also upgraded Freescale and LSI to "buy." Altera and NXP Semi remain Goldman's other top picks as it upgrades the semiconductor industry to "attractive" from "neutral."
Tumi rose after its earnings beat Street expectations. The luxury luggage maker also raised its full-year outlook.
Broadsoft jumped after the software company reported better-than-expected earnings and issued upbeat full-year forecasts.
Church and Dwight fell after the maker of Arm and Hammer reported a quarterly revenue miss.
SiriusXM gained ground after it reported better-than-expected results. Solid auto sales pushed its subscriber base to a record high.
Office Depot lost ground after the company missed Street earnings expectations on lower sales.
Molson Coors turned higher after the company beat Street forecasts on an operating basis.
HCA Holdings rebounded from yesterday’s losses after worries about a federal probe and pending New York Times article overshadowed solid second-quarter results.
Vitamin Shoppe gained ground after it reported better than expected earnings and comparable store sales were up more than 8 percent.
Bridgepoint Education moved higher after it reported better than expected earnings. But the company suspended guidance.
Expeditors lost ground after missing earnings. The freight forwarder said it sees continued weakness in the air sector.
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