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Stock Market Roundup, Feb. 21: VZ Nabs YHOO For Cheap, WMT & HD Gain

After the long weekend, investors returned to the market in a buying mood on Tuesday. Stocks gained in the morning on the back of several positive reports from the retail sector, which included earnings beats from Wal-Mart and Home Depot, and that momentum continued into an afternoon that saw investors excited about the latest merger news.

Zacks Rank #1 (Strong Buy) Top Movers

Value: Chemours Company CC - +7.80%

Growth: Spartan Motors SPAR - +13.09%

Momentum: Radiant Logistics RLGT - +9.62%

VGM: SPAR

Major Indexes

DOW: 20,746.62 / +122.57 / +0.59%

NASDAQ: 5,863.79 / +25.21 / +0.43%

S&P 500: 2,366.36 / +15.20 / +0.65%

Top Headlines

Watch Out Amazon: Walmart May Use Moosejaw to Tempt High-Income Shoppers

On today's episode of Shopping for Stocks, Editor Maddy Johnson takes a look at America's largest retailer, Walmart, who has been on quite the acquisition spree lately.

Retail Earnings Roundup: WMT, M, HD Soar After Impressive Reports

After a spree of disappointing holiday sales announcements, investors have been less-than-excited about a tepid retail industry that has continued to struggle in the face of changing consumer behavior. However, solid fourth-quarter reports from Wal-Mart WMT , Macy's M , and Home Depot HD have investors in a frenzy on Tuesday.

Verizon Trims $350 Million Off of Yahoo Merger

Telecommunications giant Verizon Communications VZ has announced it will be acquiring Yahoo's YHOO core internet business at a discount of $350 million for $4.48 billion. The discount is $50 million greater than initially expected.

Popeyes Spikes 19% After $1.8 Billion Acquisition Deal with Burger King Owner

Restaurant Brands International Inc. QSR , owner of Burger King and Tim Hortons, has reached a deal with Popeyes Louisiana Kitchen Inc. PLKI to acquire the fried chicken chain for $1.8 billion.

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Yahoo! Inc. (YHOO): Free Stock Analysis Report

Verizon Communications Inc. (VZ): Free Stock Analysis Report

Spartan Motors, Inc. (SPAR): Free Stock Analysis Report

Home Depot, Inc. (The) (HD): Free Stock Analysis Report

Wal-Mart Stores, Inc. (WMT): Free Stock Analysis Report

Restaurant Brands International Inc. (QSR): Free Stock Analysis Report

Popeyes Louisiana Kitchen, Inc. (PLKI): Free Stock Analysis Report

Macy's Inc (M): Free Stock Analysis Report

Radiant Logistics, Inc. (RLGT): Free Stock Analysis Report

Chemours Company (The) (CC): Free Stock Analysis Report

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Zacks Investment Research

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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