Wednesday Morning Movers: Gilead Sciences, Myriad Genetics Tumble Following Earnings

Myriad Genetics, Inc. MYGN -15% - Reported Q2 EPS, retirement of President, CEO Meldrum. Downgraded at Credit Suisse and Mizuho.

J M Smucker Co SJM +7% - Announced acquisition of Big Heart Pet Brands, upgraded to Buy at Deutsche Bank.

Walt Disney Co DIS +5% - Reported Q1 EPS, price target raised to $120 at Bank of America.

General Motors Company GM +4% - Released Q4 EPS, raised quarterly dividend.

Kohl’s Corporation KSS +4% - Announced same-store sales growth of 3.7 percent in Q4, offered FY2014 EPS guidance.

Office Depot ODP +3.5% - Office Depot will be acquired by Staples for $7.25 in cash and 0.2188 Staples shares.

Ralph Lauren Corp RL -10% - Announced Q3 financial results, raised dividend.

Gilead Sciences, Inc. GILD -9% - Reported Q4 EPS, announced $15 billion buyback, initial dividend of $0.43 per share.

Chipotle Mexican Grill, Inc. CMG -7% - Reported Q4 EPS.

Staples, Inc. SPLS -8% - Announced acquisition of Office Depot.

IAC/InterActiveCorp IACI -6% - Announced Q4 EPS.

Market News and Data brought to you by Benzinga APIs
Posted In: NewsMovers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...