|Day's Range||2,789.24 - 2,814.19|
|52 Week Range||2,417.35 - 2,872.87|
Yahoo Finance's Seana Smith and Jared Blikre on the biggest headlines moving the markets in midday trading Tuesday.
Evolving Systems Inc. (evol) said Wednesday it is removing Thomas Thekkethala, its chief executive and president, for cause and does not intend to pay him any severance. The company, which specializes in software for wireless operators, did not provide details. It said Matthew Stecker, who is currently chairman of the board, will become CEO with immediate effect.
MARKET PULSE Shares of semiconductor-equipment companies Lam Research Corp. (lcrx) Applied Materials Inc. (amat) and KLA-Tencor Corp. (klac) are up in premarket trading after ASML Holding NV (asml) reported better-than-expected results and said it expected a stronger second half.
On July 17, footwear retailer, DSW (DSW) announced that it has concluded the rollout of DSW Kids to its entire store base. Under the category, the company has been stocking athletic and fashion footwear from a wide range of brands for infants, toddlers, and pre-teens. DSW stock rose 1.4% to $27.07 on July 17.
Marriott International Inc. (mar) said Wednesday that it will remove plastic straws and stirrers at more than 6,500 properties around the world. The hotel chain joins a list of companies that includes Hyatt Hotels Corp. (h) Starbucks Corp. (sbux) and McDonald's Corp. (mcd) that have also unveiled plans to eliminate plastic straws. Marriott says the move would end the use of one billion plastic straws and a quarter billion plastic stirrers each year.
The S&P 500’s top gainers on July 17 were: Perrigo (PRGO) gained 3.98%. Charles Schwab (SCHW) gained 3.56%. Johnson & Johnson (JNJ) gained 3.54%. Lam Research (LRCX) gained 3.17%. Aptiv (APTV) gained 2.98%. Perrigo
After gaining for two consecutive trading weeks, the S&P 500 started this week on a mixed note by losing momentum on Monday. Carrying forward the weakness, the S&P 500 opened lower on July 17. However, the S&P 500 regained strength as the day progressed and closed at 5.5-month high price levels.
W.W. Grainger Inc. shares (gww) rose 4.3% in premarket trade Wednesday, after the supplier of maintenance and repair products swept past estimates for the second quarter. Chicago-based Grainger said it had net income of $236.9 million, or $4.16 a share, in the quarter, up from $97.9 million, or $1.67 a share, in the year-earlier period.
The Lake Forest, Illinois-based company said it had net income of $4.16 per share. Earnings, adjusted for restructuring costs, came to $4.37 per share. The results beat Wall Street expectations. The average ...
President Trump is set to meet members of Congress today, as the backlash grows over his comments at a summit with Vladimir Putin. The President said he believed Putin’s denials, over the assessment of US intelligence agencies. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer and Melody Hahm discuss.