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The CVS Health logo appears above a trading post on the floor of the New York Stock Exchange.
Richard Drew | AP
Discover the companies that make the headlines Wednesday noon:
Apple – Apple jumped 7% after the release of its second quarter financial results. Apple has announced earnings per share of $ 2.46, or 10 cents more than the Refinitiv estimate. Revenues also exceeded expectations. Apple has raised its revenue forecast for the next quarter to between 52.5 and 54.5 billion dollars, exceeding badysts' expectations.
Mondelez – Mondelez grew by approximately 1.8% after the publication of its first quarter financial results. Cookie maker Oreo made an adjusted profit of 65 cents per share, compared to 61 cents estimated by Refinitiv. The good results of the company were driven by strong organic sales growth.
Advanced Micro Devices – The chip maker's stock rose 1.3% on stronger than expected numbers in the first quarter. AMD said its earnings per share was 6 cents, while sales were $ 1.27 billion. Analysts surveyed by Refinitiv were expecting a profit of 5 cents per share for a business figure of $ 1.262 billion.
Chubb – The shares of the insurance company fell 0.8% after its first-quarter figures disappointed investors. Chubb announced earnings per share of $ 2.54, while Street had forecast earnings of $ 2.56 per share, according to Refinitiv. Catastrophic losses greater than expected weighed on the company's results.
Clorox – Clorox lost 5.1% after the company announced results below expectations. The consumer products company reported a profit of $ 1.44 per share, 1 cent lower than the Refinitiv estimate. Clorox cited more competition in some markets and said that it would "aggressively" attack these problems.
CVS Health – Shares of the pharmaceutical retailing company jumped 5.8% after the company announced solid first quarter results and raised its guidance for the full year. CVS announced adjusted earnings of $ 1.62 per share, compared with a Refinitiv estimate of $ 1.50. CVS also raised its earnings guidance for 2019 to between $ 6.75 and $ 6.90 per share.
Estee Lauder – The beauty company released quarterly results above expectations, advancing its stock by 1.5%. Estee Lauder posted earnings per share of $ 1.55 on a turnover of $ 3.744 billion. Analysts surveyed by Refinitiv were expecting a profit of 1.30 USD per share for a turnover of 3.569 billion USD. The company said that a strong performance of its skin care business had boosted its numbers.
Take-Two Interactive – An badyst at Cowen has upgraded the video game maker to outperform the market performance, calling Take-Two "the best visibility vehicle" on the market. Take-Two shares rose by nearly 3%.
ConocoPhillips – ConocoPhillips shares rose 1.2% after a Credit Suisse badyst outperformed the stock to outperform it neutral, saying the concerns about the company were "excessive."
-CNBC & # 39; s Nadine El-Bawab and Jessica Bursztynsky contributed to this report.
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