Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.
1. STOCK NEWS:
- Target (TGT) provided Q2 results and cut its FY23 guidance [read more]
- TJX (TJX) reported Q2 results, raised its FY23 guidance, and provided an outlook for Q3 and Q4 [read more]
- Energy Transfer LP (ET) agreed to acquire Crestwood Equity (CEQP) in a $7.1B all-equity transaction [read more]
- JD.com (JD) reported upbeat Q2 earnings and revenue [read more]
- Mercury Systems (MRCY) reported downbeat Q4 results, provided initial FY24 guidance, and named Bill Ballhaus CEO and chairman [read more]
2. WALL STREET CALLS:
3. AROUND THE WEB:
- The Department of Justice has begun investigating Visa's (V) "tokenization" technology, Bloomberg reports [read more]
- Estee Lauder (EL) CEO Fabrizion Freda is under pressure to turn around its key China and U.S. businesses, WSJ reports [read more]
- Apollo-led (APO) lenders have exited a $500M loan to Yellow (YELL) and sold it to Citadel, WSJ says [read more]
- Boeing (BA) has named former Ford (F) executive Alvin Liu to heads its China unit, WSJ says [read more]
- Amazon's (AMZN) online pharmacy plans to automatically apply manufacturer's coupons to insulin and diabetes medicines, Reuters reports [read more]
4. MOVERS:
- Progressive (PGR) increases after reporting its results for July [read more]
- Eos Energy (EOSE) rises after CEO Joe Mastrangelo commented on the progress on its transition to Z3 [read more]
- ZIM Integrated (ZIM) falls in New York after reporting Q2 results [read more]
- Arhaus (ARHS) lower after announcing a 12M share offering [read more]
- Tower Semiconductor (TSEM) declines in New York after announcing it has mutually agreed with Intel (INTC) to terminate their merger agreement [read more]
5. EARNINGS/GUIDANCE:
- DLocal (DLO) reported Q2 results and affirms if FY23 guidance, with CEO Sebastian Kanovich commenting the company "delivered another quarter of outstanding results" [read more]
- H&R Block (HRB) reported Q4 results, provided guidance for FY24, and increased its quarterly dividend [read more]
- Coherent (COHR) reported Q4 results and provided guidance for Q1 and FY24 [read more]
- Brinker (EAT) reported Q4 results and provides guidance for FY24 [read more]
- Performance Food Group (PFGC) reported downbeat Q4 revenue [read more]
INDEXES:
Near midday, the Dow was up 21.01, or 0.060%, to 34,967.40, the Nasdaq was down 73.19, or 0.54%, to 13,557.86, and the S&P 500 was down 5.15, or 0.12%, to 4,432.71.