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·         Shares of 3M Co. (MMM - Free Report) fell 5.1% after posting earnings per share of $2.58 for the second quarter, missing the Zacks Consensus Estimate by a penny

·         Shares of Michael Kors Holdings Ltd. (KORS - Free Report) increased 0.1% after it agreed to acquire shoemaker Jimmy Choo PLC for a whopping $1.2 billion

·         Shares of Freeport-McMoRan Inc (FCX - Free Report) rose 14.7% due to increase in metal prices and positive development relating to a permit dispute with Indonesia

·         Shares of General Motors Co. (GM - Free Report) dropped 0.7% following sale of its European business and  charges associated to carmaker’s exit from certain Asian markets



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