Time for your daily dose of trending tickers, the stocks you're following based on your Yahoo Finance ticker searches.
QLogic
QLogic (QLGC) dropped after giving a weak outlook. The company's CEO said they are "disappointed with the level of business activity during the quarter" and warned sales and profit will be below the Street's expectations.
Coty
Shares of Coty (COTY) did not look pretty after striking a beauty deal. Procter & Gamble (PG) accepted Coty's offer to buy 43 of P&G's beauty brands. Shares of P&G managed to stay in the green in early trading. The deal is valued at nearly $13 billion and is expected to close in the second half of 2016.
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Walgreens Boots Alliance
Walgreens Boots Alliance (WBA) was a big gainer on an earnings beat and for raising its full-year guidance. The country's largest drug store chain also boosted its quarterly dividend by 6.7%. Walgreens Boots came in $0.15 above estimates for its latest quarter at $1.02 a share. Walgreens Boots has been closing some stores, and plans eventually shutdown 200 of its stores, to cut costs.
