WHG - Midday Hot Stocks: C BLK slip on earnings; M&A news drives CVA WHG; AMC falls again

Nikolay Pandev/E+ via Getty Images The earnings march continued Wednesday in the financial sector. Citigroup (C) and BlackRock (BLK) both slipped in midday trading following the release of their respective quarterly reports. Though earnings and Fed policy dominated most of the headlines during the session, other types of stories drove stock moves as well. Covanta (CVA) and Westwood Holdings (WHG) both jumped on M&A-related headlines. AMC Entertainment (AMC) posted a decline in Wednesday's intraday action. The popular meme stock fell amid a report of increasing short interest. Citigroup announced Q2 earnings and revenue that topped analysts' expectations. The better-than-expected results came despite slides in both its fixed income and card loans businesses. C posted early gains following the earnings announcement, but sold off in the mid-morning. By midday trading, shares were down less than a percent at $67.83. BlackRock revealed Q2 revenue that rose 32% from last year, boosted by

For further details see:

Midday Hot Stocks: C, BLK slip on earnings; M&A news drives CVA, WHG; AMC falls again