Midday movers: Dell, LinkedIn, Weight Watchers

Stocks are only slightly lower, despite a disappointing monthly nonfarm payroll report.

By MSN Money Partner Aug 2, 2013 1:30PM
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Chevron (CVX) shares slipped 2% after the company's earning missed estimates, like its peer Exxon Mobil (XOM) did yesterday.

Dell (DELL) shares advanced over 5% to trade near $13.65 after the company's founder, Michael Dell, and his partners at Silver Lake agreed to increase their buyout offer to $13.75 per share plus a 13 cents special dividend. In exchange, the special committee of Dell's board agreed to amend the voting rules for approval of the deal.

AIG (AIG) rose about 3% after the company's earnings report, announcement of a share buyback plan and its decision to re-institute a dividend for first time since its bailout. 

Among the notable gainers following their earnings reports were LinkedIn (LNKD), which rose 11%, and Sealed Air (SEE), which gained 8%. Also higher were shares of Cablevision (CVC), which rose 3% following its earnings report and commentary on the associated call that investors may have read as an increased willingness to consider potential consolidation with another cable provider. 

Among the noteworthy losers following their own quarterly reports were Body Central (BODY), which fell 33%, and Weight Watchers (WTW), which fell 18% as the company also announced a CEO change and offered disappointing full-year guidance.  
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