See which companies made headlines in midday trading. DR Horton — Shares rose 10% after the company’s third-quarter financial results beat Wall Street expectations. The homebuilder reported earnings of $4.10 per share on revenue of $9.97 billion. Analysts polled by FactSet were expecting $3.75 per share on revenue of $9.61 billion. The company also approved a $4 billion share buyback program. Domino’s Pizza — The pizza retailer fell more than 13% after posting mixed second-quarter results. Domino’s reported earnings per share of $4.03, which came in above the $3.68 analysts polled by LSEG had expected. Revenue, however, came in at $1.1 billion, in line with estimates. The company also said its comparable-store sales in the U.S. grew slightly less than expected. Beyond Meat — Shares fell more than 10% after the Wall Street Journal reported, citing people familiar with the matter, that the alternative meat producer has engaged with bondholders to begin discussions about restructuring its balance sheet. Infosys — U.S.-listed shares rose more than 8% on better-than-expected fiscal first-quarter numbers. The digital services company also raised its full-year revenue growth forecast. United Airlines — The airline’s shares fell more than 1%. The company said second-quarter earnings jumped 23% on strong travel demand. However, its third-quarter outlook was disappointing. United expects adjusted earnings to range between $2.75 and $3.25 per share, below the $3.44 expected by analysts polled by LSEG. Discover Financial Services — Shares rose 1% on better-than-expected second-quarter results. The bank and payments company reported $6.06 in earnings per share on $4.54 billion in revenue. Analysts polled by LSEG had expected earnings of $3.07 per share on $4.17 billion in revenue. Warner Bros. Discovery — The stock rose 2.4% after a Financial Times report that the company has considered options to boost its share price. The company is considering options such as spinning off its streaming and movie businesses, among others, according to people familiar with the matter. Blackstone — The stock rose more than 1% despite the company reporting lower earnings than in the second quarter. Blackstone reported distributable earnings of 96 cents per share on segment revenue of $2.52 billion. Analysts polled by LSEG had estimated earnings of 98 cents per share on $2.62 billion in revenue. In an earnings call with analysts, the company expressed optimism about the current real estate environment despite challenges in the office space. Cintas — Shares rose more than 5% after its fourth-quarter earnings beat expectations. Cintas reported earnings of $3.99 per share, compared with the $3.79 per share expected by analysts polled by FactSet. Revenue for the quarter was also in line with expectations of $2.47 billion. Alaska Air Group — Shares fell about 7% after the airline missed revenue expectations for the second quarter. Alaska Air also cut its full-year earnings guidance to between $3.50 and $4.50 per share. Analysts polled by FactSet had expected earnings of $4.52 per share. Kinder Morgan — Shares rose about 2.5% after the company increased its dividend, overshadowing mixed quarterly results. Taiwan Semiconductor — U.S.-listed shares rose slightly after the company posted better-than-expected second-quarter earnings. The stock reversed losses from Wednesday when it fell about 8% after former President Donald Trump said Taiwan should pay the United States for defense. – CNBC's Lisa Kaylai Han and Michelle Fox contributed reporting.
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