Box, CVS, Mattel, Navistar and more

Discover the companies that make the news in the midday:

Box – Box 's shares lost more than 8% after the company lowered its revenue forecast for the full year, citing a delay in the landing of large customers. The cloud company changed its revenue outlook from $ 700 million to $ 704 million from $ 700 million to $ 708 million. This compares to 702 million dollars estimated by badysts, according to Refinitiv. Box posted a loss of 3 cents per share, a little better than expected.

CVS Health – The shares of the pharmacy and healthcare company grew more than 3% after the company promised double-digit earnings growth by 2020 during its investor day Tuesday. The year 2020 will be the year when the acquisition of Aetna Health Insurance Company, with a capital of $ 70 billion, will be fully integrated into CVS 's business. Rite Aid's shares also rose in mid-day over CVS's optimistic outlook.

Mattel – Mattel shares have jumped more than 10% after the toy company announced that it has signed a licensing agreement with the owner of the Hello Kitty franchise, Sanrio. The range of toys will be available in North America, Europe, Latin America, Australia and New Zealand starting in the fall of 2020, the company said in a statement. Separately, the shares were started from the S & P 500 and will start trading in the S & P MidCap 400 on Friday.

Bank stocks, including Goldman Sachs, Citigroup, Morgan Stanley, Bank of America and JPMorgan Chase, all rose by at least 2% as bond yields rebounded. The 10-year Treasury yield rose after reaching its lowest level in 20 months on Monday.

Lands' End – The shares of Lands & # 39; End climbed 7% after posting better than expected results. The retailer announced a loss of 21 cents per share, while badysts expected a loss of 31 cents, according to Refinitiv. Revenues were $ 262.4 million, exceeding estimates of $ 260.6 million.

Navistar – Navistar shares rose 3% after beating up and down their second quarter results. The truck builder achieved earnings per share of $ 1.06 on a $ 2.996 billion business figure. Wall Street has estimated earnings per share at 89 cents on a business turnover of $ 2.712 billion per refinancer.

Beyond Meat – Beyond Meat shares rose more than 3% on a Wall Street Journal report that meat replacement companies are struggling to meet demand. Due to limited production capacity, Beyond Meat, its rival, Impossible Foods, has not been able to respond to the high frequency of restaurant orders adding meatless menus to their menus.

Tiffany- Tiffany shares rose 3% despite mixed results in the first quarter. The jeweler had earnings per share of $ 1.03, slightly higher than the forecast of $ 1.02, according to Refinitiv. Tiffany's same-store sales were down 5% from the estimated 1.2%. The company's CEO discussed foreign exchange barriers and "a dramatic drop in global spending by foreign tourists" for these disappointing figures.

Amazon – Amazon shares jumped nearly 2% after investment firm Loop Capital raised its stock price target from $ 2,200 to $ 2,380. Loop Capital said that Amazon's market capacity could triple over the next four to five years.

Netflix – Netflix shares jumped 4% after Loop Capital revised up shares to "buy" from "hold" and raise the price target to $ 425. The financial planner believes that Netflix has an "unstoppable lead" in subscription video streaming.

–Nadine El-Bawab contributed to this report.