Benzinga Mid-Afternoon Update

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Midway through the afternoon Tuesday, the Dow was down about 0.09 percent, or roughly 12 points. The NASDAQ fell about 0.17 percent, or 5.54 points, while the S&P traded down 0.29 percent, dropping 4.31 points. Shares of Velti
VELT
consolidated their gain midway through Tuesday, rising 11.63 percent to $9.60 following the announcement that it had closed a $27 million deal. Energizer
ENR
continues its boost Tuesday after announcing that its cost cutting campaign had saved it between $175 and $200 million dollars. Shares traded up 11.48 percent around $75.72. Shiff Nutrition's
SHF
reported EPS of 20 cents is up from the estimated EPS of 18 cents with total sales coming in at $85.1 million up 46 percent from the previous years. SHF guided next quarters EPQ at $0.40-$0.43. Shiff Nutrition is trading up 12.54 percent or $23.52. In aftermarket trading yesterday, Apple
AAPL
crossed the $700 mark for the first time in its history, and is floating around $700.20 late Tuesday. Fedex
FDX
reported an earnings beat Tuesday morning with its EPS coming in at $1.45, above the estimated $1.41, while revenue came in at $10.79 billion, higher than the expected $10.70B. The company guided its second-quarter EPS at $1.30-$1.45, lower than the estimated $1.67, citing a weakening economy. Shares of Fedex traded down 2.78 percent around $86.60. Shares of Advanced Micro Devices
AMD
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continued their tumble Tuesday, falling 6.61 percent and trading near $3.65 following the resignation of its CFO. Pandora
P
continues its slide after speculation of the company's decline due of Apple potentially developing its own music-streaming project along with many other streaming competitors. Pandora is trading down 5.26 percent around $14.31. HNI
HNI
also continued to fall, trading down 11.65 percent around $27.12 after significantly lowering its earnings guidance. In economic reports, Net long-term TIC flows came in at $67 billion, much greater than the expected $27 billion, and far higher than the previous $9.3 billion. Total net TIC flows came in at $73.7B, quite an increase over the prior figure of $15.1 billion. Redbook US retail sales were also reported today and increased 2.5 percent for the first three weeks of September when compared to last year.
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