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Discover the companies that make the headlines before the bell:
Apple – Goldman Sachs lowered its price target for Apple shares to $ 187 per share, bringing it to $ 187, stating that accounting for a planned free trial of Apple TV + would likely have a negative impact important on average selling prices.
Broadcom – Broadcom reported adjusted quarterly earnings of $ 5.16 per share, exceeding consensus estimates of 3 cents per share. The chip maker's revenue, however, was slightly below Wall Street's forecast, and Broadcom gave a conservative outlook for semiconductor market demand.
Baker Hughes – Baker Hughes has been charged with allegedly exposing workers to toxic chemicals on a construction site. Two of the oil services company 's subsidiaries and an employee were also named in the indictment, which relates to 25 counts of assault. Baker Hughes denied the charges and said he is committed to the safety of his workers.
SmileDirectClub – The actions of the manufacturer of teeth smoothing kits remain under scrutiny, after debuting Thursday with a drop of 28%. This was the worst performance of the first day of any of the so-called "unicorn" initial public offerings this year.
Merck – The Reuters news agency has asked a US judge to release documents regarding the risks associated with Merck's Propecia Baldness drug. Reuters had published an article revealing accusations that Merck would not fully disclose the potential risks associated with the drug.
Amazon – The Whole Foods grocery chain of Amazon will require part-time employees to work 30 hours a week to receive health care benefits as of January 1, compared to 20 hours currently.
Square – According to a Bloomberg report, the mobile payment company is testing a new feature of its popular Cash app, which would allow free stock trades. The report says that if the feature succeeds, it could be a challenge for more established online brokers such as E * Trade and TD Ameritrade.
General Electric – GE President Larry Culp said at an investment conference that he expects asset sales to bring in about $ 38 billion cash, while GE is considering reducing its debt.
Advance Auto Parts – Citi has upgraded the auto parts retailer's shares to "buy" them from "neutrals" while downgrading their rival O & # 39; Reilly Automotive to "neutral" to "buy". Citi discussed the dynamics of sales and other factors for the Advance Auto Parts upgrade, and indicated that its degradation of the O Reilly version was based on an assessment.
Southwest Airlines – Macquarie has optimized the airline's actions to "neutralize" them, saying Southwest would be able to better utilize its new revenue management system and plan its planes more effectively once its Boeing 737 fleet Max would be stranded.
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