-$1.13
8.2%
Shares of Des Plaines-based Schawk Inc. tumbled to $12.74. The digital-imaging services firm reported preliminary second-quarter results that included a nearly 7 percent decline in estimated net sales over the year-earlier period.
-$2.89
6.4%
Morgan Stanley shares fell to $42.50. Deutsche Bank analyst Mike Mayo cut his earnings estimate on the securities firm; another analyst reduced estimates for Goldman Sachs Group Inc., whose stock fell 6 percent, to $167.30.
-$2.01
3.1%
Shares of McDonald’s Corp. had their biggest percentage decline since January, slipping to $63.94. UBS analysts cut their rating on the Oak Brook-based restaurant chain to “neutral” from “buy.”
$3.10
10.8%
Fossil Inc. stock had its biggest percentage gain since November, jumping to $31.94. The seller of watches and accessories reported second-quarter results that exceeded Wall Street expectations.
-$5.67
13.5%
Shares of McDermott International Inc. had their biggest percentage decline since March 2004, dropping to $36.21. The energy-services company reported second-quarter sales below analyst estimates.
-$0.70
16.7%
Sonus Networks Inc. stock sank to $3.49. The maker of software used in Internet phone calls said it wouldn’t achieve its forecast of 20 percent sales growth this year.
