Time for your daily dose of trending tickers, the stocks you're following based on your Yahoo Finance ticker searches.
Peabody Energy
Traders didn't dig coal miner Peabody Energy (BTU). The stock is tanking after the company warned on its outlook. For the year, the stock is down about 77%. Peabody blamed the floods in Montana and lower coal prices in Australia for the disappointing guidance.
McCormick
Dipping profits caused McCormick (MKC) to lose ground. The spice maker missed second quarter earnings estimates. Revenue also came in slightly below expectations. The company said sales were impacted by the stronger dollar. McCormick, which claims 20% of the global packaged spice and herb market, did raise its full year forecast.
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Chubb & ACE
Shares of Chubb (CB) skyrocketed. The insurer of luxury homes and yachts is being bought by rival ACE Limited (ACE). The news also pushed ACE stock higher. The stock-and-cash deal is valued at $28.3 billion.
