Zions Bancorporation NA
Stocks making the biggest moves midday: 3M, Northrop Grumman, Halliburton, CoreWeave and more
Check out the companies making headlines in midday trading. 3M — The manufacturing conglomerate jumped 8% on a first-quarter earnings beat. 3M earned an adjusted $1.88 per share on $5.78 billion of revenue, topping the LSEG consensus forecasts of $1.77 per share and $5.76 billion in revenue. RTX — The defense name sank 9%. Despite […]
Read More
Stocks making the biggest moves premarket: GE Aerospace, Amazon, 3M and more
Check out the companies making headlines before the bell. GE Aerospace — The stock moved more than 4% higher after GE Aerospace reported adjusted earnings of $1.49 per share, topping the $1.27 per share anticipated by analysts polled by LSEG. Revenue, however, came in just shy of expectations. Hertz Global Holdings — Shares fell almost […]
Read More
Stocks making the biggest moves after hours: BOK Financial, Medpace, Zions Bancorporation, MongoDB and more
Check out the companies making headlines in extended trading. BOK Financial — The Oklahoma bank’s shares slid 3% after earnings per share for the first quarter missed Wall Street expectations. BOK earned $1.86 per share, while the consensus estimate of analysts polled by FactSet came in at $1.99 a share. The firm also posted a […]
Read More
Stocks making the biggest moves midday: Genuine Parts, General Motors, Verizon, Philip Morris and more
Check out the companies making headlines in midday trading: Genuine Parts — Shares fell about 20% on the back of the company’s weaker-than-expected earnings for the third quarter. During the period, Genuine Parts earned $1.88 per share, excluding items, below the $2.42 per share that analysts polled by FactSet were expecting. It also slashed its […]
Read More
Stocks making the biggest moves premarket: Cheesecake Factory, Sherwin-Williams, 3M and more
Check out the companies making headlines before the bell. Cheesecake Factory — Shares gained more than 3% after activist investor JCP Investment Management built a stake in the company and asked it to consider spinning off three of its brands into a separate company. General Motors — Shares were down slightly even after the automaker […]
Read More
Stocks making the biggest moves after hours: Nike, Zions Bancorporation, Nucor and more
Check out the companies making headlines after the bell . Nike — Shares added nearly 1% after the sneaker giant and athletics apparel company renewed its uniform partnership with the NBA and WNBA. The company will be the exclusive provider of uniforms for both leagues for another 12 years. Zions Bancorporation — The regional bank […]
Read More
The Fed is finally cutting rates, but banks aren’t in the clear just yet
Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom Brenner Tom Brenner | Reuters Falling interest rates are usually good news for banks, especially when the cuts aren’t a harbinger of recession. That’s […]
Read More
Stocks making the biggest moves midday: Spotify, United Parcel Service, Pentair and more
Check out the companies making headlines in midday trading: Spotify Technology — Shares surged 12% after the music streaming company posted better-than-expected second-quarter earnings. Gross margin and operating income also surpassed expectations. Analysts said they remain cautiously optimistic despite softness in monthly active user counts, pointing to strong margin performance and the company’s focus on […]
Read More
Stocks making the biggest moves premarket: Spotify, General Motors, Coca-Cola and more
Check out the companies making headlines before the bell: Spotify Technology — The music streaming stock surged 13% after Spotify Technology posted second quarter earnings that topped estimates. Gross margin also exceeded expectations, along with operating income. General Motors — The auto stock jumped 4.6% after General Motors easily topped second-quarter estimates. GM also said […]
Read More
Stocks making the biggest moves after hours: Cleveland-Cliffs, Nucor, NXP Semiconductors and more
Check out the companies making headlines in after-hours trading: Cleveland-Cliffs — The steel producer added 1.6%. Cleveland-Cliffs said it was lowering its outlook for capital expenditures and was on pace to hit its target for cost reductions. On the other hand, the company saw $5.09 billion in revenue for the second quarter, under the consensus […]
Read More