Here’s a look at the companies making headlines in midday trading: Tapestry, Capri — Tapestry’s shares are up more than 14%, while Capri’s shares are down 47%. The drastic move comes after a judge ruled in favor of the Federal Trade Commission in its case blocking Tapestry’s acquisition of Capri. L3Harris Technologies — Shares of L3Harris Technologies rose 3.5% after the defense company reported third-quarter revenue and profit that beat estimates. L3Harris also raised the lower end of its full-year profit forecast, saying it now expects adjusted earnings to be between $12.95 and $13.15 per share, compared with its previous forecast of $12.85 to $13.15 per share. Analysts polled by FactSet expected full-year earnings of $13.04 per share. Colgate-Palmolive — Shares of the home goods maker fell more than 3% despite beating consensus third-quarter revenue and profit estimates. Colgate reported adjusted earnings of 91 cents per share on revenue of $5.03 billion, while analysts had forecast earnings of 89 cents per share on revenue of $5.0 billion, based on LSEG calculations . Western Digital — Shares of Western Digital surged 7% after the data storage company reported better-than-expected first-quarter profit. Western Digital reported adjusted earnings of $1.78 per share, compared with the consensus estimate of $1.72 per share, according to LSEG. Meanwhile, revenue of $4.1 billion was slightly lower than analysts’ expectations of $4.12 billion. Digital Realty Trust — The real estate investment trust reported record third-quarter rental bookings, sending shares up 11%. The company also narrowed its guidance for full-year core funds from operations, 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 fell about 8%. The company forecast fourth-quarter revenue of $174 million to $178 million, compared with Wall Street expectations of $174 million. Management cited soft demand and retention trends. Meanwhile, third-quarter results beat expectations on both revenue and profit. ResMed — The medical device maker beat analysts’ expectations in its fiscal first quarter, sending shares up more than 7%. ResMed announced adjusted earnings of $2.20 per share on revenue of $1.22 billion. Analysts polled by FactSet expected earnings of $2.05 per share and revenue of $1.19 billion. HCA Healthcare — Shares of the hospital operator fell more than 9%. HCA Healthcare reported revenue of $17.49 billion, while analysts expected $17.54 billion, according to FactSet. Adjusted advance earnings before interest, taxes, depreciation and amortization were US$3.27 billion, slightly lower than the consensus estimate of US$3.28 billion. Booz Allen Hamilton — Shares of Booz Allen Hamilton surged nearly 10% after the defense contractor raised its guidance for full-year earnings and revenue growth. In its fiscal second quarter, Booz Allen Hamilton reported adjusted earnings of $1.81 per share on revenue of $3.15 billion. Analysts polled by FactSet expected earnings of $1.47 per share on revenue of $2.97 billion. —CNBC’s Alex Harring, Lisa Kailai Han and Sean Conlon contributed reporting.
