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Corporate Summary

•    Shares of Wal-Mart Stores Inc. (WMT - Free Report) declined 3.1% after reporting third quarter total revenues of $118.2 billion, missing the Zacks Consensus Estimate of $118.5 billion

•    Cisco Systems, Inc.’s (CSCO - Free Report) shares dropped 4.8% after forecasting second-quarter fiscal 2017 revenues would decline by 2% to 4% on a year-over-year basis

•    Shares of NetApp, Inc. (NTAP - Free Report) jumped 6.3% after announcing fiscal second quarter non-GAAP earnings per share of $0.42, beating the Zacks Consensus Estimate by four cents

•    Western Refining, Inc.’s (WNR - Free Report) shares soared 23.1% on news that Tesoro Corporation (TSO - Free Report) will acquire the company for around $4.1 billion