Market Movers Today: Akorn, Inc. (AKRX), Akcea Therapeutics Inc (AKCA), Macy’s Inc (M), AutoZone, Inc. (AZO), and More

AutoZone, Inc. (NYSE:AZO) (MarketWatch)
Shares of AutoZone Inc. AZO, -12.18% fell 1.5% in premarket trade Tuesday, after the auto parts retailer missed profit and same-store sales expectations, but beat on revenue. Net income for the quarter to Feb. 10 rose to $289.5 million, or $10.38 a share, from $237.1 million, or $8.08 a share, in the same period a year ago, as recent tax legislation increased net income by $171.4 million. Excluding non-recurring items, adjusted earnings per share came to $8.47, below the FactSet consensus of $8.79.

Sanchez Energy Corp (NYSE:SN) (The Motley Fool)
What happened: Shares of Sanchez Energy Corp. (NYSE:SN) fell on Tuesday and were down more than 11% at 11:00 a.m. EST. Several factors weighed on the Eagle Ford shale driller’s stock today, including the fallout from releasing its fourth-quarter results yesterday. So what: Sanchez Energy reported its financial results before the market opened yesterday. All things considered, they were pretty good, with the company earning an adjusted profit of $21.8 million, or $0.28 per share, beating the consensus estimate by $0.09 per share.

LSB Industries, Inc. (NYSE:LXU) (Benzinga)
LSB Industries, Inc. gained 17 percent to $8.35. LSB Industries reported Q4 earnings from continuing operations of $(0.30) per share on sales of $88.917 million.

Walgreens Boots Alliance Inc (NASDAQ:WBA), AmerisourceBergen Corp. (NYSE:ABC) (CNBC)
Shares of Walgreens Boots Alliance and AmerisourceBergen slid after CNBC reported deal talks have cooled and that a takeover looks unlikely. Sources told CNBC that Walgreens Chief Executive Stefano Pessina and Amerisource Chief Executive Steven Collis met to discuss a potential tie-up, but those early-stage explorations ended without an agreement. The sources, who cautioned the deal talks could once again resume, declined to be named because the information is confidential. Shares of Walgreens fell nearly 3 percent on the news, while Amerisource’s stock tumbled nearly 6 percent.

Intel Corporation (NASDAQ:INTC) (MarketWatch)
Intel Corp. INTC, +2.18% shares reached their highest prices since the dot-com bust Tuesday morning, after a Citibank analyst named it the top chip stock to target in 2018. Citi analyst Christopher Danely reportedly moved Intel from No.3 on his semiconductors list to No. 1 and compared the stock favorably to Micron Technology Inc. MU, +1.59% in early 2017; Micron stock nearly doubled in 2017 and was one of the biggest winners in the tech sector.