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Corporate Summary

•    Shares of CIT Group Inc. (CIT - Free Report) gained 1.5% after the company said that it is selling its commercial aircraft leasing business for $10 billion

•    Shares of Gap Inc (GPS - Free Report) soared 15.2% after the company said that its September merchandise margin rates “actualized significantly higher than previously forecast.”

•    Shares of Helen of Troy Limited (HELE - Free Report) tanked 7.1% after the company said that it expects its beauty business to decline between 17% to 20% this year

•    Honeywell International Inc.’s (HON - Free Report) shares tumbled 7.5% after the company expects third-quarter earnings per share to be around $1.60, down from earlier guidance range of $1.67-$1.72.