Midday movers: Chevron, Starbucks

Stocks are lower despite a better-than-expected October jobs report.

By MSN Money Partner Nov 2, 2012 1:11PM
Wall Street sign copyright Corbis, SuperStockInformation provided by Theflyonthewall.com

Dow component Chevron (CVX) reported earnings and revenue that missed consensus estimates, sending shares down about 2%.

Among the notable gainers was Starbucks (SBUX), which rose 11% after it reported Q4 earnings and raised both its guidance and its dividend. 

Also higher were shares of TripAdvisor (TRIP), which surged over 20% after its quarterly results beat expectations on both the top and bottom lines. 

Among the noteworthy losers was Active Network (ACTV), down 44% amid at least five downgrades after the company reduced its 2012 guidance. 

Also lower were shares of Globus Medical (GMED), which slid 15% after its earning report, though Piper Jaffray recommended using the weakness in the stock as a buying opportunity.
0Comments

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

114
114 rated 1
280
280 rated 2
473
473 rated 3
639
639 rated 4
637
637 rated 5
662
662 rated 6
640
640 rated 7
498
498 rated 8
287
287 rated 9
121
121 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
COPCONOCOPHILLIPS9
TAT&T Inc9
VZVERIZON COMMUNICATIONS9
KOGKODIAK OIL & GAS Corp9
CVXCHEVRON CORPORATION8
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.