Oracle, General Electric, Southwest Airlines and more

Find out which companies are making the midday headlines.

Oracle – Shares of the tech company fell more than 3% after Oracle’s first-quarter revenue beat expectations. The company reported revenue of $ 9.73 billion, which is lower than the $ 9.77 billion predicted by analysts polled by Refinitiv. Oracle earned $ 1.03 per share on an adjusted basis during the period, which was ahead of the 97 cents expected by Street.

Angi – Shares in the home services market jumped more than 7% after releasing its August metrics, which showed its earnings for the month had jumped 21% from the previous year. Angi owns Angie’s List, HomeAdvisor, and HomeStars, among other brands.

Casino shares: Shares of Las Vegas Sands and Wynn Resorts – which both operate in Macau – slipped as investors worried about tighter regulations. The Macau government will begin a 45-day public consultation to examine the gaming industry, according to a Reuters report. Las Vegas Sands shares fell more than 12%, while Wynn fell more than 11%.

Fox Corp. – Shares of the media company fell 1.8% after news that the company finalized a deal to acquire celebrity news platform TMZ from AT & T’s WarnerMedia unit. The companies did not disclose the terms of the deal, but the Wall Street Journal reported that TMZ is valued at less than $ 50 million.

Herbalife Nutrition – Shares of the wellness supplement company fell 15% after Herbalife lowered its guidance for the third quarter, citing weaker-than-expected sales activity. The company now expects adjusted earnings per share of $ 1.00 to $ 1.20, down 5 cents on each end than previous forecasts.

Southwest Airlines – Airlines shares fell by midday as the names of the economic reopening weakened. Southwest fell 1.5% and Delta Air Lines lost 1.6%. United Airlines fell 2%. Additionally, Southwest President Tom Nealon is retiring from the carrier with immediate effect. His departure comes three months after CEO Gary Kelly announced he would retire in January and named longtime Southwest executive Bob Jordan as his successor.

General Electric – Shares related to the economic reopening fell at noon. General Electric led industrial stocks in the red, losing 2.7%.

SeaChange International – SeaChange shares rose 6.5% after reporting a smaller than expected quarterly loss. The video management solutions company lost 3 cents a share, down from the 9 cents loss analysts expected. Income also exceeded expectations.

– with reporting from CNBC’s Pippa Stevens, Jesse Pound, Tanaya Macheel and Hannah Miao.