Check out the companies making headlines midday Tuesday:
Deutsche Bank — Deutsche Bank shares dipped 2.3 percent a day after rallying on news about a possible merger with Commerzbank. The potential merger, however, sparked concerns from labor unions about potential job losses and analysts to question whether the merger would be beneficial.
Yum Brands — Shares of Yum Brands slipped 4 percent after an analyst at J.P. Morgan downgraded the stock to neutral from overweight, citing little upside to the companies' estimates after a recent run-up.
Domino's Pizza — The pizza maker's stocks climbed more than 2 percent after J.P. Morgan hiked its rating on it to overweight from neutral, noting Domino's' "algorithm to achieve 8-12% system-wide sales growth remains intact."
Del Taco Restaurants — Shares of the California fast food chain dropped more than 6.5 percent after the company reported fourth-quarter earnings that disappointed investors. The company posted earnings per share of 18 cents, just missing a Refinitiv estimate of 19 cents.
Revlon — The cosmetics company said there was "material weakness" in its financial reporting but doesn't expect any changes to previously reported results. Revlon said the weakness relates to the implementation of a back-end technology system. Revlon shares dropped 6.9 percent.
DSW — DSW's shares fell more than 12 percent after the footwear retailer reported quarterly results that fell short of expectations. DSW reported a fourth-quarter loss of 7 cents per share and profit margins fell by 3 percent. Analysts polled by Refinitiv expected a profit of 4 cents per shares.
Michaels Companies — Shares of the Texas-based retailer jumped more than 8 percent after the company posted better-than-expected earnings for the previous quarter. Michaels also issued better-than-expected comparable sales guidance for fiscal 2020.
Tilray — Canadian cannabis maker Tilray fell more than 3.4 percent as investors digested the company's fourth-quarter earnings report. Tilray reported a quarterly loss of 33 cents per share, far wider than the 4 cent loss in the year-earlier period. The company's revenue did top expectations, however. The stock initially rose more than 4 percent before turning lower.
Advanced Micro Devices — Shares of AMD jumped more than 11 percent after Google confirmed the chipmaker will power the search engine's graphics rendering for its cloud-based gaming platform.