Midday movers: Home Depot, Groupon, Kors
Stocks get a lift after better-than-expected retail sales figures.
Knight Capital's (KCG) trading loss stemmed from old software, according to Bloomberg.
Chevron's (CVX) Richmond, Calif., refinery may be closed for four to six more months after last week's fire.
CONMED (CNMD) agreed to acquire Vikings Systems for $22.5 million.
Agrium (AGU) confirmed it will continue to execute its integrated business strategy and will not pursue spinning off its retail operations.
BP (BP) is seeking $7.9 billion for a clutch of Gulf of Mexico oilfields as it unloads assets after the 2010 spill in the region.
Among the notable gainers Tuesday were Michael Kors (KORS), after a positive Q2 earnings and word that the retailer hasn't seen an impact to its European operations, and Home Depot (HD), after it reported better-than-expected earnings and same-store sales for Q2.
Noteworthy losers included Towers Watson (TW), after the company provided disappointing guidance for 1Q13, and Groupon (GRPN), after its disappointing Q2 results showed slowing subscriber growth.
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.
After enjoying a smooth rise in stock prices since May, investors are about to be hit with another bout of volatility.
VIDEO ON MSN MONEY
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.