The following video is from Tuesday's edition of Investor Beat, in which host Chris Hill and Motley Fool analysts Jason Moser and Matt Argersinger dissect the hardest-hitting investing stories of the day.
Apple has hired Burberry CEO Angela Ahrendts to a senior VP role within the company, tasked with heading the company's retail efforts. In the lead story on today's Investor Beat, Jason and Matt discuss the hire and whether they would buy on the news.
Then, they take a look at four stocks making big moves today. Johnson & Johnson delivers third-quarter profits that were higher than expected, thanks to strong revenue from its drug division. Coca-Cola's third-quarter profits rose 6%, though it lost ground in sales in some key international regions. Shares of J.C. Penney hit their lowest point since 1982. And Teradata fell hard today after warning about upcoming earnings. The company also announced that it's running out of cash.
Finally, Jason and Matt discuss why they'll be keeping a close eye on shares of Mattel and eBay this week.
Chris Hill owns shares of Coca-Cola, Johnson & Johnson, and eBay. Jason Moser has no position in any stocks mentioned. Matthew Argersinger owns shares of Apple and has the following options on Apple: long January 2015 $400 calls and short January 2015 $400 put. The Motley Fool recommends Coca-Cola, Mattel, and Teradata. It recommends and owns shares of Apple, eBay, and Johnson & Johnson. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.