Gainers:
Yahoo! Inc. (YHOO) is rising nearly 2 percent to $15.14 amid reports that the company has again been approached by potential bidders, with private equity firm Silver Lake Partners one among them to have called Yahoo directors about a possible deal.
Boeing Co. (BA) is gaining 0.59 percent to $64.70 amid the news that Air France-KLM (AFRAF.PK, AFLYY.PK) has planned an order of 110 long-haul aircraft from Boeing and Airbus SAS. Under the order, which includes 50 firm orders and 60 options, Air France-KLM will buy Airbus A350 and Boeing 787 aircraft.
Deer Consumer Products, Inc. (DEER) is rising nearly 1 percent to $4.65 following its announcement that it expects reporting strong product sales for the third quarter as it continues to conduct its normal course of business.
Decliners:
BlackBerry maker Research In Motion Ltd. (RIMM) is plunging over 20 percent to $23.53 as its second quarter profit declined 59% from the previous year. The company's quarterly earnings per share, excluding items, and revenue were below Wall Street estimates.
General Electric Co. (GE) is declining nearly 1 percent to $15.96. The company said it has finalized agreements to set up two new joint ventures in Russia which could drive $10 billion to $15 billion in sales.
Cooper Industries plc (CBE) is down 6 percent to $45.42 as it has it lowered its earnings guidance for the third quarter and full-year 2011.
Healthcare benefits manager AMERIGROUP Corporation (AGP) is falling 10 percent to $39.90 as it disclosed that it expects medical costs to escalate in 2011.
Transatlantic Holdings, Inc. (TRH) is down over 2 percent to $48.30 amid the news that Allied World Assurance Company Holdings Ltd. (AWH) has mutually agreed to terminate their merger agreement announced earlier. Transatlantic has also detailed its long-term strategic growth plan, including the approval of a $600 million open market or negotiated share repurchase program. The company also issued preliminary financial results for the third quarter.
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