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The Markets
by Proactive
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The Markets
by Proactive
Proactive UK has moved.
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Go to Proactive UK

Pharma & Biotech

U.S. Risers/Fallers: L Brands, Mosaic, Sprint, Fitbit, Kellogg, Amazon.com, TransCanada

Below are the main news driven share price changes at 11:23 a.m. in New York on Tuesday:

RISERS

L Brands (NYSE:LB) advanced 3.3% to $99.62. The parent company of such brands as Victoria’s Secret and Bath & Body Works said third-quarter profit will be better than anticipated.

Mosaic (NYSE:MOS) rose 3.7% to $35.74. The U.S. fertilizer company reported a better-than-expected quarterly profit, helped by lower costs and a smaller tax bill.

FALLERS

Sprint (NYSE:S) tumbled 6.1% to $4.57 after the fourth-largest U.S. wireless carrier reported a wider-than-anticipated loss in its fiscal second quarter, and an unexpected drio in sales.

Fitbit (NYSE:FIT) slumped 6.3% to $38.22. The maker of wearable devices that went public in June unveiled plans to sell additional shares and lift restrictions on employee stock sales.

Kellogg (NYSE:K) fell 4.5% to $67.53 after the world’s largest cereal maker posted third-quarter revenue that trailed analysts’ estimates, hurt by lower sales of breakfast foods and currency fluctuations.

Amazon.com (NASDAQ:AMZN) slipped 0.8% to $623.56. The online retail giant will open its first-ever brick-and-mortar retail store in its 20-year life, in Seattle on Tuesday.

TransCanada (TSE:TRP) fluctuated and was last down 0.2% at $33.66. The country's second-biggest pipeline operato asked the U.S. government to suspend consideration of its bid to build an $8bn pipeline to funnel Alberta oil sands crude across the United States to Gulf Coast refineries.

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