Information provided by Theflyonthewall.com
Dow member Travelers
) advanced 2% after reporting better-than-expected
earnings and raising its dividend.
Fellow insurance giant MetLife
) announced the first increase to its common dividend since 2007, upping it to 27.5 cents from 18.5 cents, and its shares advanced over 6% following the announcement.
Two other Dow components reported this morning as well, though they moved in opposite directions. DuPont
) rose 3% after its announcement and United Technologies
) slid 2% in spite of affirming its full-year forecast.
Among the notable gainers was Caesars
), which surged 30% after saying Apollo
) and TPG Capital plan to invest $250M each in a new joint venture, Caesars Growth Partners, which will be owned by the casino company and participating Caesars stockholders.
Also higher was Netflix
), which jumped 25% after its quarterly report prompted price target increases at Morgan Stanley, JPMorgan and other Street research firms.
Also higher were shares of Coach
), which rose 11% after its quarterly report, as did several of its luxury brand peers including Ralph Lauren
) and Michael Kors
Among the noteworthy losers were Brinker
), which fell 5% after its earnings beat consensus but same-store sales at its Chili's brand fell 1.1% during the quarter, and Rent-A-Center
, down 4% after its revenue and earnings missed expectations.