{"id":11080,"date":"2023-05-19T16:58:47","date_gmt":"2023-05-19T20:58:47","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/deere-foot-locker-morgan-stanley-catalent-applied-materials-and-more-market-movers\/"},"modified":"2023-05-19T16:58:48","modified_gmt":"2023-05-19T20:58:48","slug":"deere-foot-locker-morgan-stanley-catalent-applied-materials-and-more-market-movers","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=11080","title":{"rendered":"Deere, Foot Locker, Morgan Stanley, Catalent, Applied Materials, and More Market Movers"},"content":{"rendered":"
\n
<\/p>\n
<\/p>\n<\/figure><\/div>\n

Stocks fell Friday, ending a winning week as lawmakers paused debt ceiling negotiations.\u00a0<\/p>\n

These stocks made moves Friday:\u00a0<\/p>\n

\n Deere
\n (ticker: DE)\u00a0reported fiscal second-quarter earnings of $9.65 a share, topping analysts\u2019 estimates, and said sales in the period jumped 30% to $17.4 billion, which also beat forecasts.
\n Deere
\n shares fell 1.9% after trading higher earlier in the session. <\/p>\n

\n

\n Foot Locker
\n (FL)\u00a0stock fell 27% after the footwear retailer slashed its fiscal-year earnings outlook following first-quarter earnings and sales that missed analysts\u2019 estimates.<\/p>\n

\n Morgan Stanley
\n (MS) CEO James Gorman said Friday at the investment bank\u2019s annual meeting that he will be stepping down within the next 12 months and that the board has \u201cidentified three very strong senior internal candidates for consideration as the next CEO.\u201d The stock fell 2.7%.<\/p>\n

\n Catalent
\n (CTLT) disclosed Friday that it needs more time to report its quarterly results. However, the contract drug manufacturer told investors on a conference call that its customer supply situation remains healthy, and that it continues to win significant new business. The stock was the leading gainer on the
\n S&P 500
\n Friday and rose 16%.<\/p>\n

\n Applied Materials
\n (AMAT)\u00a0reported fiscal second-quarter earnings that beat Wall Street\u2019s expectations, but the outlook from the semiconductor-manufacturing equipment maker failed to excite investors and the stock was down 2.3%.
\n Applied Materials
\n said the major consumer electronic markets, including PCs and smartphones, have remained weak.\u00a0<\/p>\n

\n Farfetch
\n (FTCH)\u00a0surged 15% after the luxury fashion company reported a narrower-than-expected first-quarter loss and sales rose 8% to $556.4 million, higher than analysts\u2019 forecasts.<\/p>\n

American depositary receipts of
\n Alibaba
\n (BABA) fell 2.1%, extending losses from the previous session when the ADRs declined more than 5% after the Chinese e-commerce giant said it would spin off its prized cloud division. Revenue in the cloud division disappointed in the fiscal fourth quarter, falling 2% year over year to $2.71 billion, shy of analysts\u2019 expectations.<\/p>\n

\n Occidental Petroleum
\n (OXY) rose 1.5%.
\n Berkshire Hathaway
\n (BRK.A) bought about 3.5 million shares of Occidental at a price of $58 on Tuesday, Wednesday, and Thursday, raising its interest to 217.3 million shares, or 24.4% of the company, according to filing released late Thursday.<\/p>\n

First-quarter sales of $4.49 billion at
\n Ross Stores
\n (ROST)\u00a0rose from a year earlier but the off-price retailer said same-store sales for the second quarter and fiscal year would be flat from the year-earlier periods. Ross shares declined 0.6%.<\/p>\n

\n Walt Disney
\n (DIS) shares fell 2.6% after the entertainment giant said it was dropping plans to build a sprawling business campus near Orlando. Josh D\u2019Amaro, chairman of Disney parks, experiences, and products, said in a memo to staff that the company no longer plans to build the Lake Nona campus due to \u201cconsiderable changes that have occurred since the announcement of this project, including new leadership and changing business conditions.\u201d<\/p>\n

\n DXC Technology
\n (DXC) gained 2.5% even after the IT-services company cut its sales outlook for the fiscal year.<\/p>\n

Shares of
\n Palantir Technologies
\n (PLTR) fell 0.3%. The stock gained nearly 15% on Thursday after Cathie Wood\u2019s ARK Investment disclosed that several of its funds on Wednesday purchased a total of 1.26 million shares in the analytics software company. ARK purchased another 287,000 Palantir shares on Thursday.<\/p>\n

Write to Joe Woelfel at joseph.woelfel@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Stocks fell Friday, ending a winning week as lawmakers paused debt ceiling negotiations.\u00a0 These stocks made moves Friday:\u00a0 Deere (ticker: DE)\u00a0reported fiscal second-quarter earnings of $9.65 a share, topping analysts\u2019 estimates, and said sales in the period jumped 30% to $17.4 billion, which also beat forecasts. Deere shares fell 1.9% after trading higher earlier in […]<\/p>\n","protected":false},"author":1,"featured_media":11081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-11080","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nDeere, Foot Locker, Morgan Stanley, Catalent, Applied Materials, and More Market Movers | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Stocks fell Friday, ending a winning week as lawmakers paused debt ceiling negotiations.\u00a0 These stocks made moves Friday:\u00a0 Deere (ticker: DE)\u00a0reported\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=11080\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Deere, Foot Locker, Morgan Stanley, Catalent, Applied Materials, and More Market Movers | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Stocks fell Friday, ending a winning week as lawmakers paused debt ceiling negotiations.\u00a0 These stocks made moves Friday:\u00a0 Deere (ticker: DE)\u00a0reported\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=11080\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-19T20:58:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-19T20:58:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/1684529927_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=11080#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=11080\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Deere, Foot Locker, Morgan Stanley, Catalent, Applied Materials, and More Market Movers\",\"datePublished\":\"2023-05-19T20:58:47+00:00\",\"dateModified\":\"2023-05-19T20:58:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=11080\"},\"wordCount\":532,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=11080#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=11080\",\"url\":\"https:\/\/ifintechworld.com\/?p=11080\",\"name\":\"Deere, Foot Locker, Morgan Stanley, Catalent, Applied Materials, and More Market Movers | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-05-19T20:58:47+00:00\",\"dateModified\":\"2023-05-19T20:58:48+00:00\",\"description\":\"Stocks fell Friday, ending a winning week as lawmakers paused debt ceiling negotiations.\u00a0 These stocks made moves Friday:\u00a0 Deere (ticker: DE)\u00a0reported\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=11080#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=11080\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=11080#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Deere, Foot Locker, Morgan Stanley, Catalent, Applied Materials, and More Market Movers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Deere, Foot Locker, Morgan Stanley, Catalent, Applied Materials, and More Market Movers | iFintechWorld","description":"Stocks fell Friday, ending a winning week as lawmakers paused debt ceiling negotiations.\u00a0 These stocks made moves Friday:\u00a0 Deere (ticker: DE)\u00a0reported","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=11080","og_locale":"en_US","og_type":"article","og_title":"Deere, Foot Locker, Morgan Stanley, Catalent, Applied Materials, and More Market Movers | iFintechWorld","og_description":"Stocks fell Friday, ending a winning week as lawmakers paused debt ceiling negotiations.\u00a0 These stocks made moves Friday:\u00a0 Deere (ticker: DE)\u00a0reported","og_url":"https:\/\/ifintechworld.com\/?p=11080","og_site_name":"iFintechWorld","article_published_time":"2023-05-19T20:58:47+00:00","article_modified_time":"2023-05-19T20:58:48+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/1684529927_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=11080#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=11080"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Deere, Foot Locker, Morgan Stanley, Catalent, Applied Materials, and More Market Movers","datePublished":"2023-05-19T20:58:47+00:00","dateModified":"2023-05-19T20:58:48+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=11080"},"wordCount":532,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=11080#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=11080","url":"https:\/\/ifintechworld.com\/?p=11080","name":"Deere, Foot Locker, Morgan Stanley, Catalent, Applied Materials, and More Market Movers | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-05-19T20:58:47+00:00","dateModified":"2023-05-19T20:58:48+00:00","description":"Stocks fell Friday, ending a winning week as lawmakers paused debt ceiling negotiations.\u00a0 These stocks made moves Friday:\u00a0 Deere (ticker: DE)\u00a0reported","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=11080#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=11080"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=11080#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Deere, Foot Locker, Morgan Stanley, Catalent, Applied Materials, and More Market Movers"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/11080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11080"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/11080\/revisions"}],"predecessor-version":[{"id":11082,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/11080\/revisions\/11082"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/11081"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}