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Here’s a look at the companies making headlines in afternoon trading: Tapestry, Capri – Shares of Tapestry rose 13.5%, while Capri’s stock fell 48.9%. The sharp moves came after a judge ruled in favor of the Federal Trade Commission’s case to block the acquisition of Capri by Tapestry. L3Harris Technologies – Shares rose 3.5% after the defense company reported declines in the top and bottom lines in the third quarter. L3Harris also raised the low 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 $12.95 to $13.15 per share. Analysts surveyed by FactSet were estimating earnings per share of $13.04 for the full year. Colgate-Palmolive – The household goods producer fell more than 4% despite beating consensus estimates on the top and bottom lines in the third quarter. Colgate reported adjusted earnings of 91 cents per share on revenue of $5.03 billion, while analysts had expected 89 cents in earnings per share and $5 billion in revenue, per LSEG. Western Digital – Shares of the data storage company rose 4.7% after it reported a decline in earnings in the fiscal first quarter. Western Digital reported adjusted earnings of $1.78 per share, compared with consensus estimates of $1.72 per share, according to LSEG. Meanwhile, revenue of $4.1 billion fell slightly short of analysts’ estimate of $4.12 billion. Digital Realty Trust – The real estate investment trust jumped 9.6% after reporting record lease bookings for the third quarter. The company also lowered its guidance for core funds for full-year operations, asking 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 9.7%. The company projected fourth-quarter revenue of $174 million to $178 million, per LSEG, compared with $174 million estimated by the Street. Management cited weak demand and retention trends. Meanwhile, third-quarter results beat expectations on both the top and bottom lines. ResMed – The medical device maker rose more than 7% after topping analysts’ 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 profit of $2.05 per share and revenue of $1.19 billion. HCA Healthcare – Shares of the hospital operator fell more than 8%. HCA Healthcare reported revenue of $17.49 billion, compared to analysts’ expectations of $17.54 billion, according to FactSet. Adjusted earnings before interest, taxes, depreciation and amortization of $3.27 billion were just short of the consensus call of $3.28 billion. Booz Allen Hamilton – Shares of the defense contractor rose 9.2% 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 revenue of $3.15 billion. Analysts polled by FactSet had expected earnings of $1.47 per share and revenue of $2.97 billion. — CNBC’s Alex Haring, Lisa Kailai Han and Sean Conlon contributed reporting.
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