Gainers:
Honeywell International Inc. (HON) is gaining over 1 percent to $72.60. The company's first quarter profit improved from the year-ago quarter and topped Wall Street view. Sales remained flat, but marginally missed the consensus estimate. The company raised the lower end of its full-year 2013 proforma earnings per share forecast, but reduced its sales outlook.
Vertex Pharmaceuticals Inc. (VRTX) is jumping 61 percent to $85.24 based on the news that its investigational drug VX-661 coupled with an ivacaftor brought out statistically significant improvements in lung function among patients suffering from cystic fibrosis.
Google Inc. (GOOG) is up 1 percent to $775.05 and Microsoft Corp. (MSFT) is rising 3 percent to $29.65 following the release of their quarterly results.
Decliners:
General Electric Co. (GE) is down 1 percent to $22.10. The company's first quarter earnings improved from the prior year period. Revenues were slightly down, while industrial sales fell 6 percent from the year-ago quarter.
McDonald's Corp. (MCD) is falling 1 percent to $100.30. The company's first quarter profit rose slightly, but its earnings per share missed analysts' expectation. Revenues improved 1 percent and managed to come above the consensus estimate. Global comparable sales for the quarter decreased 1.0 percent.
Air Methods Corp. (AIRM) is plunging 17 percent to $38.00 following its announcement that it expects to report a loss for its first quarter, hurt mainly by fewer transportation and increased number of cancellation due to weather.
International Business Machines Corp. (IBM) is down more than 4 percent to $197.80 following the release of its quarterly results.
Dell Inc. (DELL) is down 3 percent following the news that Blackstone has decided not to submit a definitive proposal to acquire the company and is withdrawing from the process.
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