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• Morgan Stanley’s (NYSE:MS) statement that they expect “macro overhangs” to pull down Baidu, Inc.’s (NASDAQ:BIDU) 2012 earnings growth dragged the stock of the latter down by 3.5%
• Shares of General Mills, Inc. (NYSE:GIS) declined 3.6% after the company said it needed to lower 2012 earnings projections owing to soft US sales volumes over the last two months
• Shares of Campbell Soup Company (NYSE:CPB) rose 2.6% after reporting second-quarter 2012 earnings of $0.64 per share, which edged past the Zacks Consensus Estimate of $0.62
• Expectations of FDA approving VIVUS, Inc.’s (NASDAQ:VVUS) weight-loss pill took the company’s shares higher by 7.3%
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