News Column

Story stocks

July 17, 2014



Sherwin-Williams

Price:$210.95

Chg:+$9.22

% chg: +4.6%

Day's high/low:

$211.11/$205.75

Paint maker reports strong second-quarter earnings and boosts outlook. The good news from the company behind brands such as Dutch Boy, Minwax and Krylon bucks recent trend for retailers.

Microsoft

Wall Street applauds software giant's plans to lay off as many as 18,000 workers. It was the latest case of bad news for employees being good news for shareholders in the form of a higher stock price.

SanDisk

The flash-drive and memory card maker's second-quarter earnings report and third-quarter forecast sparked a sell-off. SanDisk said competition could affect revenue and profit margins this quarter.





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Source: USA Today


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