Shares of Windstream, which provides network communications services, are jumping after the company said it would spin off some of its assets into a real estate investment trust.
Shares of footwear company Deckers Outdoor are climbing after the company reported first quarter losses that were not as steep as expected and revenue that exceeded analysts' consensus view.
In early trading, McGraw Hill Financial fell 2.5% to $81.05, while Moody's was nearly unchanged at $91.52.
Shares of Puma Biotechnology (PBYI) are almost tripling after the company reported positive data for its breast cancer drug.
Shares of Netflix (NFLX) are falling after several research firms reiterated their negative outlook on the stock following the company's second quarter results.
Shares of GoPro (GPRO) are climbing after a number of analysts initiated coverage of the stock with different outlooks. GoPro develops mountable and wearable cameras.
Michael Kors' margin pressures and slowing same-store sales growth, along with high expectations for the company, are reasons to be cautious on the stock, research firm Jefferies told investors today.
Tax inversion deals have been embraced in recent months by a number of drug companies looking to lower their tax bills.
Shares of GoPro (GPRO) are rallying after research firm JMP Securities initiated coverage of the stock with an Outperform rating.
Shares of GT Advanced (GTAT) are sinking after research firm CLSA warned that production from the company's new sapphire plant has been limited, putting the company's guidance at risk.