PG
Procter & Gamble- Barclays cut the consumer products giant's rating to "equal weight" from "overweight", saying shares will likely remain range bound until P&G demonstrates the ability to deliver faster growth. Barclays also upgraded Colgate-Palmolive to "overweight" while cutting Clorox to "underweight".
EA
Electronic Arts–EA named Andrew Wilson, the head of its EA Sports division, as its new chief executive officer. Wilson is a 13-year veteran of the company, and his appointment follows a six month search that followed the ouster of John Riccitiello.
DLTR
Dollar Tree–The discount retailer announced a $2 billion stock buyback program, replacing a prior repurchase program that had begun in October 2011.
SBUX
Starbucks–The company has inserted itself into the midst of the country's debate over gun control laws, having asked U.S. customers to leave their guns at home in the wake of the latest mass shootings. Starbucks currently has a policy of defaulting to local gun laws, unlike many restaurant chains and retailers who specifically prohibit firearms on their properties.
BBRY
BlackBerry–The handset maker launched its new Z30 smartphone at an event in Malaysia, unveiling what will be its new flagship device as it tries to regain market share from Apple and Samsung.
P
Pandora–Pandora won a significant court decision regarding music licensing, successfully pushing back an effort by music publishers to narrow the music that the internet radio service can play.
TSLA
Tesla –The automaker is working on a self-driving car, with CEO Elon Musk saying the company hopes to produce such a car within the next three years.
Yesterday Gainers/Losers
MNST
RKT
LPI
FB
Short Float
SWY 19.21%
DDD 29.16%
Earnings
ADBE
Adobe Systems – Adobe reported third quarter profit of 32 cents per share, excluding certain items, two cents below estimates, with revenues also falling short, as does its current quarter earnings and revenue projections. However, the software maker's stock is getting a boost from the company's statement that it's seeing strong corporate demand that is expected to boost subscriber growth for its Creative Cloud service.
FDX
FedEx – The shipping giant reported fiscal first quarter profit of $1.53 per share, beating estimates, with revenue also slightly above consensus. The company also remains confident in its full-year outlook despite what it calls "tepid" global economic
Santez