Check out the companies making headlines in midday trading. Tapestry , Capri – Shares of Tapestry rallied more than 14%, while Capri’s stock tumbled 47%. The sharp moves come after a judge ruled in favor of the Federal Trade Commission’s case to block Tapestry’s acquisition of Capri . L3Harris Technologies — Shares rose 3.5% after the defense company reported a top- and bottom-line beat in the third quarter. L3Harris also raised the lower end of its full-year earnings forecast, saying it now expects adjusted earnings in the range of $12.95 to $13.15 per share, compared with a prior forecast of $12.85 to $13.15 a share. Analysts polled by FactSet were estimating for $13.04 per share for the fullyear. Colgate-Palmolive — The household goods producer fell more than 3% lower despite beating consensus estimates on the top and bottom lines in the third quarter. Colgate posted adjusted earnings of 91 cents on revenue of $5.03 billion, while analysts had forecasted 89 cents earnings per share and $5 billion in revenue, per LSEG. Western Digital – Shares of the data storage company surged 7% after reporting an earnings beat in the fiscal first quarter. Western Digital posted adjusted earnings of $1.78 per share, versus consensus forecasts for $1.72 per share, according to LSEG. Meanwhile, revenue of $4.1 billion fell slightly short of analysts’ estimate for $4.12 billion. Digital Realty Trust — The real estate investment trust jumped 11% after reporting record lease bookings for the third quarter. The company also narrowed its guidance for core funds from operations in the full year, calling for $6.65 to $6.75 per share. Analysts polled by FactSet had expected $6.69 per share. Coursera — Shares of the online course provider declined around 8%. The company called for fourth-quarter revenues of $174 million to $178 million, versus the $174 million anticipated by the Street, per LSEG. Management cited weak demand and retention trends. Meanwhile, third-quarter results beat expectations on both top and bottom lines. ResMed — The medical equipment manufacturer added more than 7% after topping analyst estimates in the fiscal first quarter. ResMed announced adjusted earnings of $2.20 per share on revenue of $1.22 billion. Analysts surveyed by FactSet had called for a profit of $2.05 per share and revenue of $1.19 billion. HCA Healthcare — Shares of the hospital operator declined more than 9%. HCA Healthcare reported revenue of $17.49 billion versus analyst estimates for $17.54 billion, according to FactSet. Adjusted earnings before interest, taxes, depreciation, and amortization of $3.27 billion was just slightly short of consensus calls for $3.28 billion. Booz Allen Hamilton Shares of the defense contractor soared nearly 10% after the company raised its full-year earnings and revenue growth guidance. In the fiscal second quarter, Booz Allen Hamilton reported adjusted earnings of $1.81 per share on $3.15 billion in revenue. Analysts polled by FactSet had estimated earnings of $1.47 per share and revenue of $2.97 billion. — CNBC’s Alex Harring, Lisa Kailai Han and Sean Conlon contributed reporting
