Markets are slightly up today, with the Dow and S&P 500 up roughly 0.2% and the Nasdaq trading flat.
Here are some major movers today.
Winners:
Southwest Airlines (LUV) : Up 5.2% — Southwest has announced that they plan to offer international flights, which is news that investors apparently enjoyed Hewlett Packard (HPQ) : Up 4.9% — HP is up after beating expectations for its fiscal second quarter, and announcing that 8% of the workforce, or 27,000 employees, will be laid off. Patterson Companies (PDCO) : Up 3.0% — Patterson Companies reported a 5.9% increase in revenue and beat net income estimates by 4 cents per share.Losers:
NetApp (NTAP) Down 12.8% — NetApp announced expectations for its fiscal first quarter below Wall Street's expectations, which has caused the stock to be today's laggard.
Tiffany & Co (TIF ) Down 9.1% — Disappointing earnings are hitting the jewelery company, which suggests that the economic worries are hurting luxury spending.
F5 Networks (FFIV ) Down 6.6% — Deutsche Bank cut its estimate to $140 from $150 for FFIV, citing concerns about business spending on equipment and software.
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