Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.

1. STOCK NEWS:

Walgreens Boots Alliance (WBA) reported upbeat Q3 results and reiterated its FY22 earnings outlook [more]
Pfizer (PFE) announced a new $3.2B deal with the U.S. government over COVID-19 vaccines and submitted an NDA to the FDA for PAXLOVID [more]
Constellation Brands (STZ) reported earnings and announced an agreement to eliminate its Class B common stock [more]
Universal Health (UHS) cut its FY22 earnings and revenue guidance [more]
RH (RH) cut its FY22 revenue growth guidance [more]

2. WALL STREET CALLS:

Analysts at Jefferies made a number of rating changes among their REIT coverage, including four upgrades and eight downgrades [more]
AMD (AMD) upgraded to Outperform at Northland [more]
Poshmark (POSH) downgraded to Market Perform from Outperform at Raymond James [more]
William Blair upgrades ShotSpotter (SSTI) to Outperform with 60% upside seen over two years [more]
Exane BNP Paribas downgraded SAP (SAP) to Neutral from Outperform [more]

3. AROUND THE WEB:

Novartis (NVS) is leaning towards a Sandoz spinoff over a sale, Bloomberg reports [more]
Dealreporter said the "odds seem good" that Icahn and Deason push for a Xerox (XRX) sale [more]
Kraft Heinz (KHC) has puled certain products from Tesco (TSCDY) amid a pricing dispute, Reuters says [more]
Coinbase (COIN) is seeking European licenses to boost international growth, CNBC reports [more]
Comcast's (CMCSA) NBCUniversal upfront meetings conclude with revenue commitments of over $7B, Adweek reports [more]

4. MOVERS:

FIGS (FIGS) up after Raymond James initiated coverage of the stock with a Strong Buy rating and $15 price target [more]
Spirit Airlines (SAVE) higher after announcing it intends to open and immediately adjourn its special meeting of stockholders relating to the proposed merger agreement with Frontier Group (ULCC) [more]
Duck Creek Technologies (DCT) falls after company's Q3 earnings report [more]
SGH (SGH) falls after reporting upbeat Q3 results and announced it will acquire Stratus Technologies [more]
Meta (META) lower after Chief Product Officer Chris Cox said in a memo seen by Reuters that the company must "execute flawlessly in an environment of slower growth" [more]

5. EARNINGS/GUIDANCE:

INDEXES:

The Dow fell 253.88, or 0.82%, to 30,775.43, the Nasdaq lost 149.16, or 1.33%, to 11,028.74, and the S&P 500 declined 33.45, or 0.88%, to 3,785.38.