Midday movers: Home Depot, Microsoft

Stocks are mixed as the averages struggle to regain some of their losses from last week.

By MSN Money Partner Nov 13, 2012 1:58PM
 Wall Street sign copyright Corbis, SuperStocklogoInformation provided by Theflyonthewall.com

Home Depot (HD) leads all members of the Dow Jones Industrial Average, up 3.7% after its earnings and revenue beat expectations and the company raised its full-year guidance. 

Microsoft (MSFT) is the Dow's laggard, down 2.7% after the head of its Windows unit resigned, though Stifel Nicolaus suggested that the departure could help the company over the long term.

Among the notable market gainers Tuesday was Greenbrier (GBX), up 17% after investor Carl Icahn reported a 9.99% stake in the company and called its shares undervalued. 

Also higher were shares of Dick's Sporting Goods (DKS), up nearly 5% following its better than expected quarterly report and increased full-year outlook. 

Among the noteworthy market losers Tuesday was Hi-Crush Partners (HCLP), down 21% after its quarterly results missed consensus and it announced the termination of a supply agreement with Baker Hughes (BHI). 

Also lower were shares of Weatherford (WFT), down almost 14% after the company reported a disappointing preliminary revenue estimate and said it sees material weakness in its internal controls, prompting it to restate some prior financial statements.

(Microsoft owns and publishes Top Stocks, an MSN Money site.)
1Comment
Nov 13, 2012 2:26PM
avatar
This is BS. Hi-Crush Parners (HCLP) did not miss consensus and the news about Baker Hughes is misleading and does not have all of the facts stated. What consensus did they miss and how? All of the information that I have looked at looks positive. Baker Hughes is being sued by HCLP. Do not trade on this information. Research first. 

If you want some real information, look at this article. 

money.msn.com/business-news/article.aspx?feed=Bcom&date=20121113&id=15786979


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