Check out the companies making headlines before the bell: Constellation Brands (STZ) – The maker of beer and wine reported adjusted quarterly earnings of $2.38 per share, missing the $2.77 consensus estimate, although revenue did beat Wall Street forecasts and Constellation increased its full-year earnings outlook. Shares fell 2.2% in the premarket. Acuity Brands (AYI) […]
Category: FINANCE
Dow Inc, General Motors, U.S. Steel and more
The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021. Rebecca Cook | Reuters Check out the companies making headlines in midday trading. Dow Inc. — Shares of the chemicals company dropped 3.3% to lead the blue-chip Dow Jones Industrial Average lower. The decline in Dow’s […]
Levi Strauss, Twitter, Meredith and more
An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell Wednesday: Levi Strauss & Co — Shares of the denim manufacturer rose nearly […]
Stock futures are slightly higher after investors’ debt ceiling concerns dwindle
U.S. stock futures inched higher Wednesday night after the Dow Jones Industrial Average reclaimed a 459-point loss from earlier in the day as investor concerns about a debt ceiling deal eased. Dow Jones Industrial Average futures rose 81 points, or 0.2%. S&P 500 and Nasdaq 100 futures climbed 0.3%. In regular trading the Dow rose […]
Turbulence fueling unprecedented trend in energy and stocks: Bespoke
An unprecedented trend appears to be underway between the booming energy sector and the turbulent stock market. Over the past ten trading days, the Bespoke Investment Group’s Paul Hickey finds energy has never performed this well while the S&P 500 is trading lower. “The energy sector is up close to 17% and the S&P 500 […]
Stock futures fall after Tuesday’s broad rebound
Stock futures fell in overnight trading after the market rebounded Tuesday from a tech-led sell-off the day prior. Futures on the Dow Jones Industrial Average slipped 113 points. S&P 500 futures and Nasdaq 100 futures traded in negative territory. The market saw a broad rally during Tuesday’s regular session with nine out of 11 S&P […]
Carl Icahn reveals stake in Southwest Gas, urges company to drop acquisition
Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Carl Icahn on Tuesday announced a sizeable stake in Southwest Gas, and the activist investor is pushing the Las Vegas-based utility company to drop its rumored acquisition of natural gas company Questar Pipeline. “During the past few […]
Netflix, Nike, Southwest Gas and more
Seen through a store window, a Nike employee stands in the entryway of the Nike SoHo store in New York City. Drew Angerer | Getty Images Check out the companies making headlines in midday trading. Facebook, Amazon, Apple – Shares of major technology companies led Tuesday’s market rebound. Facebook shares rose 2.5% following a 5% slide on […]
Market is unprepared for inflation fallout: Wharton’s Jeremy Siegel
Wall Street may be on the verge of an uncharacteristically painful quarter. Wharton finance professor Jeremy Siegel, who’s known for his positive market forecasts, is sounding the alarm on the market’s ability to cope with inflation. “We’re headed for some trouble ahead,” he told CNBC’s “Trading Nation” on Friday. “Inflation, in general, is going to […]
Stocks making the biggest moves in the premarket: Tesla, Moderna, Novavax, GM and more
The stocks making the biggest moves in premarket trading include Tesla, Moderna, Novavax, GM, and more. Source link