Homepage / Investment / Stocks making the biggest moves premarket: WMT, CSCO, F, KO, CMCSA, JACK & more
Top VC deals: Kroger buys Home Chef, PayPal buys iZettle and Rover raises $155 million Next time you buy a TV at Best Buy, you may be offered health care, too MVP robots won't take football players' jobs, but they may just save their legs The government could save $1 billion by combining its 12,062 data centers — but it's behind plan Elon Musk may actually be making a website to rate journalists for credibility and 'core truth' Bank of America outlines tips investors can use to beat the market Silicon Valley investors explain why they're scared of China YouTube Music is really good, but probably not enough to pull you away from Spotify Trump administration is telling Congress it has an agreement to save China's ZTE: New York Times No recession until late 2020, so keep buying stocks, Credit Suisse says Moody's warns of 'particularly large' wave of junk bond defaults ahead Cryptocurrency stunt to climb Mount Everest reportedly turns deadly Chinese police take down gang of inventive online reputation cleaners Italy's Conte struggles to form team; markets tumble Cramer: Foot Locker's stellar earnings show the 'mall is still not dead' yet Roku shares jump after short-seller reverses call, says he doesn't want to bet against cord-cutting Wyoming's plan to diversify its economy from fossil fuels … to blockchain Facebook, Google face complaints worth $8 billion over alleged breach of new EU data law Apple's self-driving partnership is the next phase of 'Apple as a service,' Gene Munster says Consumers expect smaller gains in income than a year ago, May sentiment survey finds Herbalife shares plunge after Carl Icahn said he is lowering his stake in the company South Africa's ailing state-owned firms set to invest billions in dramatic reform program Why you're suddenly getting lots of emails from sites you haven't visited in years 'Fortnite': This is how a free video game might make $3.5 billion White House official: Trump could take a harder line on trade with China now that the Kim Jong Un summit is off Stocks making the biggest moves premarket: FL, HIBB, BKE, GPS, DECK, ADSK, ROST, AZN & more Apple blocks Steam's plan to extend its video games to iPhones Foot Locker shares are jumping 15% after a blowout earnings report PayPal upgraded by Stifel because of its addition of new financial services Samsonite slides for a 2nd day after a short-seller attack, but some analysts are unfazed US Commerce Secretary Wilbur Ross to visit China for trade talks in early June A specialty retailer up 118% in one year could have more room to run after earnings Gold is back: The rise in geopolitical tensions boosts precious metal prices The 'Meghan Markle Effect' is boosting gold jewelry sales US media websites down in Europe after a huge data law shakeup Tencent's WeChat drops 'sugar daddy' dating website Autodesk forecasts second-quarter profit below estimates Turkey's leadership scrambles to regain investor confidence in its monetary policy Italy's Enel accuses Spain's Iberdrola of 'aggressive' tactics in Brazilian power struggle Sanctioned tycoon Deripaska resigns as director of his firm Rusal The battle for the biggest prize in soccer, worth $370 million, is taking place this weekend One of the biggest names in advertising thinks you're going to get paid for sharing your data European markets seen higher after Trump scraps US-North Korea summit US jury awards Apple $539 million in Samsung patent retrial How Europe’s new privacy law called GDPR is creating big business opportunities Trump can take some lessons from the failed summit with North Korea, says a former US ambassador A Trump-Kim meeting could still take place down the road China's box office recently beat the US, and is now on the cusp of a 'new growth cycle' Steve Cohen's Point72 is bullish on Asia — and they like these sectors The crackdown on cryptocurrencies is a good thing, say traders Read the full statement from South Korean President Moon Jae In here Asian stocks poised to slide after Trump cancels North Korea summit Cramer Remix: Don’t let this buying opportunity pass again Indigo Agriculture CEO wants to change economics for farmers with a 'revolution in agriculture' The phone company founded by Android creator Andy Rubin is reportedly for sale US bill would force tech companies to disclose foreign software probes Nutanix falls on a wider-than-expected quarterly loss Google employees are spending heavily to elect Democrats in California and to flip the House How to send your Twitter feed back 10 years and see early, silly tweets Facebook shows once again that it does not understand or value journalism Whip yourself into shape by using this Apple Watch feature to compete against friends and family Trump and Europe are entering a 'game of chicken' over Iran nuclear deal sanctions New Boeing 777 will have folding wings Facebook and Twitter announce stricter political ad guidelines ahead of midterms Here is the federal labor complaint the United Auto Workers just filed against Tesla Elon Musk has a history of wild ideas — some of them have worked out Netflix passes Disney and is now biggest pure media company in the world by market value Zuckerberg says Facebook has 'always shared' the values of Europe's new data law Best Buy’s big sell-off could soon be a buying opportunity, says market watcher Iran's Supreme Leader just made 5 tough demands for Europe to save the nuclear deal Ray Dalio said last year gold was good protection because of Trump and North Korea 'playing chicken' Classic dividend stocks are tanking, but think before you make the mistake of selling Watch Facebook's Mark Zuckerberg speak at Viva Tech 2018 as concerns over data protection heighten North Korea summit cancellation part of 'downside risks' for the economy, Fed's Bostic says Spain economy minister says he's not concerned about Italian bond market contagion Art Cashin: Stock drop reflects mistaken assumption Trump would do everything to make North Korea summit work Uber ‘moving in the right direction’ and will hopefully keep London license, exec says Labour laws in 104 countries reserve some jobs for men only Dear oil helps some emerging economies and harms others Tailor shops are a thriving pocket of enterprise in Pyongyang Why it makes sense to invest in Treasury bonds Why even bears about the government-bond market can find merit in Treasuries Who will be the main loser from Europe’s new data-privacy law? What is an audit for? As Tesla’s share price falls, it becomes an inviting takeover target How kidnapping insurance keeps a lid on ransom inflation CEO says Crowdstrike's security platform could someday attract Amazon, Google Cisco CEO Chuck Robbins speaks at VivaTech 2018 amid heightened cybersecurity concerns South Korean stocks ETF tumbles after Trump cancels meeting with North Korea's Kim Jong Un Cramer: Trump's investigation into auto imports in the name of national security is a 'stretch' Existing home sales drop 2.5% in April Gold jumps after Trump cancels North Korea summit as global investors seek safety Uber's self-driving SUV saw pedestrian in fatal accident but didn't brake, officials say Trump cancels Singapore nuclear summit with North Korean leader Kim Jong Un JP Morgan: Charts show new market highs are coming soon, led by bank stocks GE doesn't plan to cut dividend again, sources say Best Buy shares tumble 6% after CFO's disappointing outlook Facebook must comply with European privacy laws in 'real life,' EU's digital policy chief say Fed's Kaplan sees another four rate hikes or so before central bank finishes its job Morgan Stanley: Buy Apple shares on the ‘emerging power’ of its services


Stocks making the biggest moves premarket: WMT, CSCO, F, KO, CMCSA, JACK & more

Check out the companies making headlines before the bell:

Walmart – The retail giant reported adjusted quarterly profit of $1.14 per share, 2 cents share above estimates. Revenue also beat forecasts. US comparable-store sales were up 2.1 percent, beating consensus estimates.

Cisco Systems – Cisco reported adjusted quarterly profit of 66 cents per share, a penny a share ahead of estimates. The network equipment maker’s revenue was also slightly above Street forecasts and Cisco issued current-quarter guidance is in line with estimates. The forecast is sparking concerns, however, about the pace of the company’s transition to a software-focused business.

Ford – Ford will restart production of its popular F-150 pickup truck on Friday at its Dearborn, Michigan plant. Production had been halted due to parts shortages stemming from a fire at a factory run by one of its suppliers.

Coca-Cola – Barclays upgraded the beverage giant to “overweight” from “equal weight,” saying Coca-Cola is executing a thoughtful and comprehensive business transformation plan that will allow it to successfully cope with a changing industry landscape.

Comcast – The NBCUniversal and CNBC parent was upgraded to “overweight” from “sector weight” at Keybanc, which said uncertainty about Comcast’s future direction has pushed the stock lower and created a buying opportunity.

Take-Two Interactive – Take-Two reported quarterly profit of 87 cents per share, beating the consensus forecast of 63 cents a share. The video game maker’s revenue was below estimates, however, in part from lower-than-expected sales for Take-Two’s “NBA 2K” game.

Jack In The Box – The company fell 6 cents a share short of estimates, with quarterly earnings of 80 cents per share. The restaurant chain’s revenue fell short of forecasts, as well. Comparable-restaurant sales fell 0.1 percent compared to a year earlier, and Jack In The Box said it expected comparable sales for the current quarter as well as the full year to be between flat and up one percent.

Royal Bank of Scotland – The bank’s lawyers asked an ex-employee to destroy confidential documents, according to a letter seen by Reuters. A spokesman for the bank denied any wrongdoing.

Kroger – The supermarket operator signed a deal to use the delivery technology of British online supermarket Ocado for grocery deliveries in the U.S.

Alphabet – Alphabet’s YouTube operation will launch a new music streaming service called YouTube Music on May 22.

FacebookProxy firm ISS recommended Facebook shareholders withhold support for five directors, including CEO Mark Zuckerberg, ahead of Facebook’s May 31 annual meeting.

Xerox – Xerox named John Visentin as its new CEO, after abandoning its deal to give control of the company to Japan’s Fujifilm. Visentin had been hired last year by major Xerox investor Carl Icahn in his quest to push for change at the company.

CBS – A judge will rule Thursday on a request by CBS to keep controlling shareholder Shari Redstone from interfering with a planned special board meeting. Redstone wants to stop that meeting, at which CBS directors will consider a proposal that would dilute Redstone’s voting power.

Allergan – Allergan was sued by Walgreen, Albertsons, and HEB Grocery, accusing it of antitrust violations in trying to prevent sales of generic versions of Allergan’s Restasis. The drug is used to treat dry eye disease.

Southwest Airlines – The airline said it had completed engine inspections across its fleet, following a fatal accident on a flight last month. CEO Gary Kelly said a small number of engine fan blades have been sent back to the manufacturer for further tests.

Molson Coors – Molson Coors was downgraded to “hold” from “buy” at Stifel Nicolaus, which points to the lack of expansion opportunities for the beer brewer.

Source: Investment Cnbc
Stocks making the biggest moves premarket: WMT, CSCO, F, KO, CMCSA, JACK & more

Comments are closed.