Midday movers: Michael Kors, Halozyme, Blyth

Stocks are higher amid optimism that Spain may be moving closer to requesting more aid.

By MSN Money Partner Sep 21, 2012 1:07PM
Image, Wall Street sign, copyright Corbis, SuperStockInformation provided by Theflyonthewall.com

McDonald's (MCD), Texas Instruments (TXN) and Covidien (COV) all announced double-digit percentage increases to their quarterly dividends after the closing bell Thursday. 

Among those reporting earnings after the bell Thursday and before the open Friday, Oracle (ORCL), Darden (DRI) and KB Home (KBH) all advanced.

Among the notable gainers in the market Friday were Halozyme (HALO), up 30%, and ViroPharma (VPHM), up 8%, after the FDA gave guidance enabling ViroPharma to resume clinical studies of a drug it is developing that uses Halozyme technology for delivery. 

Also higher were shares of Michael Kors (KORS), which rose nearly 5% after the company raised its view for its quarterly and full year profit. 

Among the noteworthy losers was Blyth (BTH), down another 15% following a slide yesterday after Moody's said it has reduced its outlook for the company. Also lower were shares of VIVUS (VVUS), which fell 11% after the company said a European regulatory committee would likely recommend that its Qsiva anti-obesity drug not be approved. 
1Comment
Sep 21, 2012 1:15PM
avatar
McDonald's Quarterly dividend...I'm lovin' it.
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

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.

122
122 rated 1
288
288 rated 2
472
472 rated 3
638
638 rated 4
628
628 rated 5
704
704 rated 6
609
609 rated 7
489
489 rated 8
275
275 rated 9
129
129 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
AAPLAPPLE Inc10
ATVIACTIVISION BLIZZARD Inc10
CTSHCOGNIZANT TECHNOLOGY SOLUTIONS10
FOXATWENTY-FIRST CENTURY FOX Inc CLASS A10
ITUBITAU UNIBANCO BANCO MULTIPLO S.A.10
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.