Midday Report: PVH Warns of Weaker Full Year; U.S. Stocks Fall
U.S. stocks tumbled on Thursday as crude oil fell even further from its recent highs. A five-week winning streak looked unlikely to extend into a sixth week as indexes suffer their third straight day of losses. The S&P 500 has returned to negative territory for the year. Buffalo Wild Wings (BWLD) climbed after Goldman Sachs added it to its Conviction Buy list. Analysts said the stock has pulled back to an attractive level and that the risk of increasing chicken wing prices has already been priced in. PVH (PVH) - Get Report moved higher after besting earnings estimates in its recent quarter. However, the fashion brand did forecast slightly weaker full-year results tied to a strong U.S. dollar, increased promotions, and a thrifty consumer. Accenture (ACN) - Get Report gained after raising its full-year earnings outlook on strong growth for consulting services. TheStreet's Keris Lahiff reports from Wall Street.









