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.
Tags: CLFBMJNMMMSTKRUTXVWDCWFMXOMZNGA
< Back to Top Stocks
User Picture
Write a comment...
0Comments

MORE ON MSN MONEY

DATA PROVIDERS

Copyright © 2013 Microsoft. All rights reserved.

Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.

Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. 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 SIX Financial Information.

Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.

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.

127
127 rated 1		269
269 rated 2		463
463 rated 3		587
587 rated 4		658
658 rated 5		615
615 rated 6		645
645 rated 7		430
430 rated 8		263
263 rated 9		137
137 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
COPConocoPhillips10
NWSNews Ord Shs Class B10
YHOOYahoo! Inc10
TJXTJX Companies Inc9
AMXAmerica Movil ADR Rep 20 Ord Shs Series L9
More

LATEST POSTS

Scary story: the 2013 market looks like 1987

All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.

FIDELITY VIEWPOINTS

Fidelity Brokerage Services, Member NYSE, SIPC. (c) 2011 FMR LLC. All rights reserved

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.