What You Missed On Wall Street On Thursday - Friday, June 10

Here are our top five lists with the news and calls moving stocks, that you may have missed yesterday:

1. STOCK NEWS:

• Zendesk (ZEN) will remain an independent company following a strategic review [more]
• Five Below (FIVE) reported mixed Q1 results and FY22 guidance was lowered [more]
• Target (TGT) raised its quarterly dividend 20% to $1.08 per share [more]
• Meta Platforms (META) has started trading under the symbol 'META' [more]
• Stitch Fix (SFIX) is reducing its workforce by about 4% [more]

2. WALL STREET CALLS:

• Tesla (TSLA) upgraded to Buy from Neutral at UBS [more]
• Take-Two (TTWO) reinstated with Overweight from Neutral at JPMorgan [more]
• Scotts Miracle-Gro (SMG) downgraded to Neutral from Overweight at JPMorgan [more]
• Loop Capital cuts Honest Company (HNST) to Hold amid pressure reported in mass retail [more]
• Deere (DE) initiated with a Market Perform at Cowen [more]

3. AROUND THE WEB:

• Franchise Group (FRG) seeks over $2B from Apollo (APO) for Kohl's (KSS) deal, NY Post reports [more]
• Federal prosecutors have opened a criminal probe into potential anti-discrimination laws by Wells Fargo (WFC), NY Times reports [more]
• State Street (STT) tells Bloomberg it is not pursuing any deal with Credit Suisse (CS) [more]
• An FDA decision on Novavax's (NVAX) COVID-19 vaccine could be delayed, CNBC reports [more]
• Didi (DIDI) will end trading on NYSE on June 10, Nikkei reports [more]

4. MOVERS:

• NXP Semiconductors (NXPI) rises after the Asian Tech Press blog claimed that Samsung (SSNLF) is reportedly interested in a takeover [more]
• Oxford Industries (OXM) and Couchbase (BASE) higher after also reporting quarterly results [more]
• Blueprint Medicines (BPMC) falls after providing updates on the AYVAKIT/AYVAKYT program in systemic mastocytosis [more]
• Bilibili (BILI) slips after reporting results, issuing guidance [more]
• Skillsoft (SKIL) lower after reporting quarterly results [more]

5. EARNINGS/GUIDANCE:

• Nio (NIO) reported ubpeat Q1 results, but gave a Q2 outlook below expectations [more]
• Signet Jewelers (SIG) reported better-than-expected Q1 earnings [more]
• FuelCell (FCEL) reported downbeat Q2 results [more]
• CVS Health (CVS) backed its FY22 adjusted earnings guidance [more]
• Forward Air (FWRD) said it believes it will exceed the top end of Q2 EPS guidance [more]

INDEXES:

The Dow fell 638.11, or 1.94%, to 32,272.79, the Nasdaq lost 332.04, or 2.75%, to 11,754.23, and the S&P 500 declined 97.95, or 2.38%, to 4,017.82