URBN

Morning Movers: Boeing Flies; Freeport-McMoRan Climbs

Stocks were mixed in early trading as the Federal Reserve begins its two-day meeting.

S&P 500 futures are up 0.1%. Dow Jones Industrial Average futures are up 0.2%. Nasdaq futures are 0.1% lower.

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Casey's General Stores (CASY) is falling 6.7% following its disappointing earnings report. It was also cut to Market Perform at Raymond James.

Boeing (BA) is up 1.8% after it raised its dividend 20%, to $1.71 per share, and replaced its existing share repurchase program with a new $18 billion authorization.

Urban Outfitters (URBN) is up 0.9% after saying it's seen same store sales climb mid-single digits so far in the fourth quarter.

Coty (COTY) is up 3% after Citigroup upgraded it to Buy

Freeport-McMoRan (FCX) is up 0.9% after Morgan Stanley upgraded it to Equal Weight.

Abbott Laboratories (ABT) is up 1.1% after BMO Capital Markets upgraded it to Outperform.

(CAG) is up 0.7% after UBS upgraded it to Neutral.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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