Ulta Salon's stock popped after the cosmetics retailer posted quarterly earnings. The company earned $1.45 per diluted share on revenues of $1.07 billion in the fiscal first quarter, above the $1.29 per share on $1.03 billion in revenue expected by Thomson Reuters consensus estimates. Same store sales increased 15.2 percent amid "healthy consumer demand in the beauty category," CEO Mary Dillon said.
Western Digital's shares dropped after the hard drive company adjusted expectations for future sales. The company now expects fourth quarter revenue in the range of $3.35 billion to $3.45 billion, compared to its earlier forecast of $2.6 billion to $2.7 billion, as it integrates recently-acquired SanDisk.
Shares of The Williams Companies tumbled after Standards & Poors placed its corporate credit on "CreditWatch" with negative implications. The Williams Companies has been embroiled in complex merger proposal with Energy Transfer Equity, and the credit rating agency said it expects to lower its rating on Williams by two notches when the merger closes.