Based on low guidance, failure to meet expectations and falling oil prices, Pfizer (NYSE:PFE), Exxon (NYSE:XOM), Chevron (NYSE:CVX), Computer Science (NYSE:CSC) and Sears Holdings (NASDAQ:SHLD) are all down today.
The worst performer of this grouping of stocks is Computer Sciences, which was trading down just below 13 percent on the day. Low guidance of a loss of $1.35 after saying they expected a gain of 14 cents pushed the share price down.
Next was Sears, which was down over 9 percent so far, plunging after it projected a big loss for the fiscal first quarter of the company. Sears had also originally called for a 14 cent gain, adjusting it to a loss of $1.35 to $1.81 a share.
Exxon Mobil and Chevron were both down on the drop in oil prices, both trading down just under 2 percent.
Pfizer is weighing on the Dow, as it is the biggest decliner on the index, falling over 2 percent after the pharmaceutical company beat earnings expectations but reported revenue that fell short of what analysts had been looking for.
Pfizer (NYSE:PFE) was trading at $20.33, down $0.70, or 3.31 percent, as of 1:52 PM EDT.
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