Gainers:
McDonald's Corp. (MCD) is rising over 1 percent to $97.95. The company's global comparable sales improved 7.4 percent in November, versus 4.8 percent growth last year.
Affymax, Inc. (AFFY) is jumping over 23 percent to $7.23. The company announced that an advisory committee of the FDA has voted in favor of the benefit/risk profile for Peginesatide for the treatment of anemia in chronic kidney disease patients on dialysis.
G-III Apparel Group, Ltd. (GIII) is gaining 18 percent to $23.99. The company's third quarter profit and sales improved from the previous year. The company lowered its fiscal year earnings forecast, although it backed net sales guidance.
Boeing Co. (BA) is gaining 0.31 percent to $70.82. The company announced that it has finalized an order with Air Lease Corp. (AL) for four 787-9 Dreamliners. There were also reports that it may receive an order from FedEx Corp. (FDX).
Decliners:
MEMC Electronic Materials, Inc. (WFR) is falling over 8 percent to $3.85. The company announced a series of actions to reduce costs, improve cash flow, and position company for profitable long-term growth. The company plans to cut 1,300 jobs or approximately 20% of its employees. The company also intends to idle its Merano, Italy polysilicon facility and reduce production capacity at its Portland, Oregon crystal facility. The company expects to incur total charges of approximately $700 million. The company also revised its fourth quarter 2011 guidance as a result of underlying semiconductor and solar market conditions.
Costco Wholesale Corp. (COST) is falling nearly 3 percent to $85.00. The company's first quarter earnings per share were below analysts' estimate. However, both earnings and sales rose from the year-ago quarter.
Tesla Motors, Inc. (TSLA) is falling over 8 percent to $31.23.
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