Midday movers: Zynga, Facebook, Whole Foods

Stocks climb as the European Central Bank commits to saving the euro.

By MSN Money Partner Jul 26, 2012 1:20PM
Information provided by Theflyonthewall.com

Zynga (ZNGA) plunged almost 40% after it missed quarterly expectations and slashed its full year outlook. 

Facebook (FB) shares dropped 6% in sympathy, with the social network giant preparing to report results -- for the first time since going public -- after the bell Thursday. 

Among Dow components, Exxon Mobil (XOM) reported quarterly results that were benefited $7.5 billion from divestments and tax-related items. Excluding these items, Q2 profits fell short of consensus expectations, but shares were still up marginally near noon.

 Among other large caps reporting earnings, Visa (V), Colgate-Palmolive (CL), United Technologies (UTX) and 3M (MMM) advanced, while Dow Chemical (DOW), Las Vegas Sands (LVS) and Mead Johnson (MJN) declined.

Among the notable gainers were Whole Foods Market (WFM), up nearly 10%, and Western Digital (WDC), up over 20%, following their better than expected results and bullish outlooks. Also higher were Sprint (S), up about 18%, after reporting it added 442,000 net postpaid customers during Q2. 

Among the noteworthy losers were Quality Systems (QSII), down over 33%, as it was downgraded by at least three firms after its quarterly report, and Timken (TKR), down 19%, after its results and guidance came in below the Street's view.
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.

133
133 rated 1
286
286 rated 2
441
441 rated 3
737
737 rated 4
614
614 rated 5
606
606 rated 6
621
621 rated 7
441
441 rated 8
317
317 rated 9
122
122 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
BBBYBED BATH & BEYOND INC10
TWXTIME WARNER Inc10
COPCONOCOPHILLIPS9
HDHOME DEPOT Inc9
VZVERIZON COMMUNICATIONS9
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.