David Paul Morris | Bloomberg | Getty Images See the companies that make headlines in the noon transactions. Walgreens – The pharmacy chain fell about 5% after the announcement of the company’s quarterly results. Despite declining profits, it did not raise its forecast for the year. The president of the company said in its earnings call on Thursday that demand for the Covid test has slowed since January and it may take time for its health investments to pay off. Baidu – Shares of technology company fell about 7%. Baidu has been added to the Securities and Exchange Commission’s list of Chinese stocks traded in the US and could be delisted if the Internet search company fails to disclose financial controls to US regulators. AMD – The chip maker lost 7.1% after Barclays downgraded the stock to equilibrium and reduced its price target from $ 148 to $ 115. The bank cited “cyclical risk in many end markets”, including computers and games, as contributors to the downgrade. Dell Technologies and HP – Shares of computer hardware companies fell after Morgan Stanley downgraded Dell to equal weight and HP to downgraded. The bank cited continuing macroeconomic uncertainty and a “cautious material outlook” among the reasons for the downgrade. Dell fell 5.4%, while HP fell 5%. PVH – Shares of parent company Calvin Klein fell 6.4% after Morgan Stanley downgraded the stock to equilibrium from overweight. “Expect the stock to remain limited in price range for now,” the company said. Amylyx Pharmaceuticals – The stock lost 13.5% after a committee of the Food and Drug Administration voted not to propose the approval of an experimental ALS drug developed by Amylyx. The commission said the study data failed to show that the drug was effective in fighting the disease. Occidental Petroleum – Shares rose about 2% after CEO Vicki Hollub bought 14,191 shares of his own company. The moves come after Warren Buffett’s recent spike in energy stocks with better performance. UBS – The bank’s share rose 1.2% after Goldman Sachs started UBS with a market rating. Goldman said the rise of fintech is positive for the banking industry. – CNBC’s Tanaya Macheel, Sarah Min and Samantha Subin contributed to the report