Homepage / Investment / Stocks making the biggest moves premarket: LOW, HRL, MDT, DSW, CPB, T & more
Quick US green cards are available to Indians — but they're not cheap US Department of Justice says it will pursue investigations related to Malaysia's 1MDB Sony to acquire Mubadala's stake in EMI Music Publishing in $1.9 billion deal Asian stocks set for mixed start after US-China trade talks give global markets a boost Cramer Remix: Joint ventures in China may be a thing of the past Fortnite may draw younger consumers to gaming for the long term, says Take-Two CEO Micron shares spike in after-hours trading after a deal with Intel Trump trade advisor Navarro reportedly floated suspected FBI informant for an administration job The mental strategy Netflix CEO Reed Hastings used to grow a billion-dollar business Trump's China negotiators act like the bumbling bank robbers from 'Dog Day Afternoon' One analyst's impassioned argument against breaking up Google Elon Musk says making a cheaper Model 3 now would cause Tesla to 'die' Shopify slumps after Adobe announces acquisition of e-commerce rival Magento Epic makes ‘Fornite’ biggest esport in the world with $100 million in prize money Siri just told me it's 'getting a lot smarter' soon Larry Page has been completely silent as Alphabet faces one ethical crisis after another General Motors is a 'raging bull' opportunity in autonomous car space: Citigroup GE shares rise to three-month high as Wall Street analysts praise train deal as beginning of turnaround Banks are hiring former spies and adopting military-style tactics to fight cybercrime Carl Icahn says his stake in VMware is 'sizable,' worth 'hundreds of millions' Tesla Model 3 falls short of Consumer Reports recommendation The Obamas just signed a multi-year deal to make shows and movies for Netflix White House economic adviser Larry Kudlow on ZTE: 'They're not going to get off scot-free' Apple, Exxon, Chevron and GE all have this one thing in common MoveOn and other left-leaning groups are petitioning the FTC to break up Facebook State regulators launch 'Operation Crypto-Sweep' to police cryptocurrency investment schemes Goldman: Don't worry about rising interest rates until the 10-year yield hits 4% Comcast's lush new storefronts are reminiscent of Apple Stores Mnuchin: 'I'm very bullish on stocks' and sustained economic growth over 3% British court dismisses charges against Barclays over 2008 Qatar deal JetBlue-backed private-jet company signs up for hybrid electric planes Inside the mysterious death of a 'biohacking' entrepreneur that wanted to upend the pharma business Cramer: I believe former Trump advisor Gary Cohn 'would've liked' this trade framework Critics say big tech is 'mostly useless' —but here's some tech that has changed my life drastically As Google falls under renewed criticism, Treasury Secretary Mnuchin says 'you have to look at the power they have' Hot stock Micron surging again after chipmaker raises its guidance due to ‘healthy’ semiconductor industry Here's why your computer has a mouse, according to Steve Jobs in 1985 These tech stocks — including Skyworks, Qualcomm — have the most to gain on a US-China trade truce US-China trade agreements are ‘face-saving’ and ‘lose-lose,’ says Moody’s chief economist Investors seem to forget that markets can and will go down. It's called risk amnesia Snap shares rise after prominent bearish analyst says the worst may be over Apple shares to struggle over the next 12 months on weak iPhone X demand, Instinet says Zuckerberg's meeting with EU officials will now be livestreamed following criticism As consumer staples get slammed, one name looks primed for a breakout, Piper Jaffray says China reportedly considers scrapping two-child limit per family Tesla shares to soar more than 80% on strong Model 3 profitability: Analyst US likely to slap tough oil sanctions on Venezuela — and that's a 'game changer' for Maduro Stocks making the biggest moves premarket: GOOGL, GE, MBFI, TSLA, FOXA & more Google seems to have removed most mentions of ‘Don’t be evil’ from its code of conduct Deadly virus identified as a potential epidemic kills nine in India This is the impact the Italian populist government could have on the euro As the payment wars heat up, PayPal could have a leg above Square FCC is investigating a website flaw that exposed mobile phone locations Microsoft buys a start-up that wants A.I. to make conversation with humans Malaysia sets up new 1MDB criminal taskforce The EU’s support for the Iran deal is ‘not sufficient,’ Tehran says London is a 'laundromat' for Russia's dirty money, UK report warns Be careful if China cuts you a check, says former US trade official Ryanair CEO says some airlines will not 'survive' the winter due to elevated oil prices China-style state-led growth won't work in Africa, former Nigeria finance minister warns Italy's next prime minister could be a mostly unknown law professor European markets seen higher as trade war concerns ease The Fed is an open book, but foreign trade and security are the wild cards Everything you need to know about a new EU data law called GDPR One in five 'initial coin offerings' may be frauds — but investors are bullish on them anyway China's space ambitions continue with reported launch of satellite to explore far side of the moon US-China trade developments are in focus for Asia markets The 2018 Hyundai Elantra GT Sport is a bargain hatchback that lacks performance How to record the screen on your Mac Tips from pro gamers on mastering Fortnite, the hottest game on the internet South Korea's LG Group chairman dies from illness at 73 South Korea, US to work closely on summit after Pyongyang's about-face EU could compensate firms hit by US sanctions over Iran – French minister Elon Musk teases new specifications for Tesla's embattled Model 3, calling it 'amazing' Virtual reality is finally ready for normal people, and the $200 Facebook Oculus Go is your ticket Social media was supposed to 'bring the world closer together.' Instead it's making us pettier A royal wedding, in pictures: Britain's Prince Harry marries Meghan Markle Tech investors take a Warren Buffett approach to raising money for blood cancer research Germany uses its past to try and police hate speech on Facebook Inside the training camp where Google shares its A.I. secrets with Alphabet-invested companies A longtime Google investor drew a simple chart on a napkin to explain everything in health tech Twitter CEO Jack Dorsey: Here are some surprising facts about the billionaire China lands bomber on South China Sea island for first time Prince Harry, Meghan Markle wed in Windsor as millions watch ISS sides against two Tesla directors, backs split of Musk's roles China says opening up of financial sector will need reciprocity iPhone app makers are forming a 'union' to demand improvements from Apple That Facebook royal wedding quiz? It could put you at risk for identity theft Banks will trade cryptocurrency sooner than people think, says fmr. JPMorgan blockchain executive Square stumbles into the banking business Amazon briefly hit session low after report that Trump pushed the USPS to double shipping rates Former Microsoft executive Qi Lu steps down as Baidu COO Netflix is reportedly turning the Michael Lewis book 'Flash Boys' into a movie Dell remains focused on a VMware merger, and now it's getting feedback from tracking stock holders CBS fight is 'the beginning of the end' of dual-share structures, says former NBCUniversal CEO Emerging markets are trading in correction territory — but some call the stocks a buy Bitcoin rally this week fails to materialize as New York conference brings more hype than substance Boeing’s antics at the World Trade Organisation risk a trade war Commodities are posting their best returns in a decade and Goldman thinks there's more to come US reportedly cancels B-52 bomber exercise with South Korea amid threats from North Korea

Investment

Stocks making the biggest moves premarket: LOW, HRL, MDT, DSW, CPB, T & more

Check out which companies are making headlines before the bell:

Lowe’s – The home improvement retailer earned $1.05 per share for the third quarter, three cents a share above estimates. Revenue topped forecasts, and comparable-store sales were up 5.7 percent compared to the Thomson Reuters consensus of a 4.6 percent increase. Like rival Home Depot, Lowe’s benefited from extra sales related to the quarter’s hurricanes.

Hormel – The food company edged estimates by a penny a share, with quarterly profit of 42 cents per share. Revenue also came in above estimates and Hormel announced it would merge its grocery and specialty foods businesses.

Medtronic – The medical device maker earned an adjusted $1.07 per share for its latest quarter, nine cents a share above estimates. Revenue came in above forecasts, as well. The beat comes despite declines related to the sale of a unit to Cardinal Health, the quarter’s hurricanes, and the California wildfires.

DSW – The shoe retailer fell eight cents a share shy of consensus estimates, with adjusted quarterly profit of 45 cents per share. Revenue fell short of expectations and comparable-store sales posted an unexpected decline. DSW is among the companies saying its sales were negatively impacted by the quarter’s hurricanes.

Campbell Soup – The food company reported adjusted quarterly profit of 92 cents per share, five cents a share shy of estimates. Revenue also missed forecasts and Campbell said higher costs for logistics, transportation, and carrots impacted its bottom line.

Dollar Tree – The discount retailer earned $1.01 per share for the third quarter, 11 cents a share above estimates. Revenue and comparable-store sales also beat Street forecasts.

AT&T — The Justice Department sued AT&T to block its proposed $85.4 billion acquisition of Time Warner. The suit claims the deal would raise prices for consumers and would slow the transition to other distribution models. AT&T said the move was a “radical” departure from decades of antitrust regulation.

Intuit – Intuit reported adjusted quarterly profit of 11 cents per share, six cents a share above estimates. The financial software company’s revenue also above forecasts. The results were helped by more subscriptions for the company’s QuickBooks Online service, but the shares are being pressured by a forecast which was merely in line with analysts’ estimates.

Urban Outfitters – Urban Outfitters came in eight cents a share above estimates, with quarterly profit of 41 cents per share. The apparel retailer’s revenue beat estimates, as well. Urban Outfitters also gave investors a pleasant surprise with an unexpected increase in comparable-store sales.

Palo Alto Networks – Palo Alto reported adjusted quarterly profit of 74 cents per share, five cents a share above consensus estimates. Revenue also came in ahead of analysts’ forecasts. The cybersecurity services company is among those in its field that have seen increased business since the Equifax data breach and ransomware attacks.

Broadcom – Broadcom would make major changes to Qualcomm’s controversial patent licensing business if its bid to acquire its rival chip maker is successful, according to The Wall Street Journal. Broadcom has not made it clear, however, exactly how it would change that business.

Dish Network – The satellite TV provider’s customers are without CBS television stations, with the two sides unable to reach a new carriage agreement. Dish said CBS refused to extend the contract while talks continue — CBS accused Dish of punishing its subscribers rather than negotiate a fair deal.

BHP Billiton – The mining company and Brazilian partner Vale received a 150-day extension to negotiate a settlement of a $48 billion damage claim related to the 2015 Samarco mine disaster which killed 19 people.

21st Century Fox – Fox struck a $90 million dollar settlement of a shareholder lawsuit, stemming from the sexual harassment scandal at Fox News channel. The defendants – which included Fox officers and directors – did not admit wrongdoing in agreeing to the settlement.

Mellanox Technologies — Activist investor Starboard Value acquired a 10.7 percent stake in the high-speed computing company and urged it to explore a potential sale. Starboard said the company is spending too much on research and development and other expenses compared to its peers. Mellanox said it welcomed Starboard’s input.

Deere – Deere was upgraded to “outperform” from “neutral” at RW Baird, which cites stronger than expected demand for Deere’s heavy equipment.

Source: Investment Cnbc
Stocks making the biggest moves premarket: LOW, HRL, MDT, DSW, CPB, T & more

Comments are closed.