Tapestry Michaels rise while Tyson Foods Fortive fall

NEW YORK — Stocks that moved substantially or traded heavily on Wednesday:Tyson Foods Inc., down $7.23 to $86.06The meat producer slashed its 2019 profit forecast, citing higher commodity costs and a recent fire at a beef processing plant.Coupa Software Inc., up $11.69 to $146.09The software company raised its profit and revenue forecast for the year after reporting solid second quarter results.Box Inc., up $1.82 to $16.67Hedge fund Starboard Value LP acquired a 7.5% stake in the cloud computing company.Fortive Corp., down $2.06 to $66.96The industrial conglomerate will split into two separate and publicly traded companies by the middle of 2020.PVH Corp., up $6.78 to $81.08CEO Emanuel Chirico bought $10 million of stock in the company, which owns the Calvin Klein and Tommy Hilfiger brands.Starbucks Corp., down 66 cents to $96.11The coffee chain is lowering its profit forecast for fiscal 2020.Tapestry Inc., up $1.05 to $21.49CEO Victor Luis resigned from the upscale handbag company less than a month after warning about a profit slump.Michaels Companies Inc., up 66 cents to $6.26The arts and crafts store operator raised its profit forecast for the year after reporting solid second quarter results.The Associated Press

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Tapestry Michaels rise while Tyson Foods Fortive fall