[ad_1]
Discover the companies that make the headlines before the bell:
Coca-Cola – The beverage giant beat its estimate of 2 cents a share, with adjusted quarterly earnings of 73 cents a share. The business figure also exceeded expectations and Coca-Cola raised its revenue forecast for the full year while demand for some of its soft drinks and recent cafes was growing.
Travelers – The insurance company announced an adjusted quarterly profit of $ 2.02 per share, compared to a consensus estimate of $ 2.28 per share. Revenues exceeded expectations in terms of net investment income and premiums, but the insurer also recorded higher losses than those of the previous year, weather related.
United Technologies – The conglomerate grew by 15 cents per share compared to expectations, with adjusted quarterly profit of $ 2.20 per share. Revenue also exceeded expectations and United Technologies raised its outlook for the year by taking advantage of its acquisition of Rockwell Collins.
Harley-Davidson – Harley-Davidson reported quarterly earnings of $ 1.23 per share, compared to a consensus estimate of $ 1.20 per share. The motorcycle manufacturer's business figure is lower than estimates and it has cut its outlook for motorcycle expeditions.
Hasbro – The toy maker realized an adjusted profit of 78 cents per share for its last quarter, well above the consensus estimate of 50 cents per share. Revenues were also ahead of expectations, thanks in part to strong demand for "Avengers: Endgame" toys.
Biogen – The drug maker announced an adjusted quarterly profit of $ 9.15 per share, compared to a consensus estimate of $ 7.53 per share. Revenues exceeded Wall Street's forecast and the company also raised its guidance for the year. Biogen's results were driven in part by the growth in sales of Tecfidera, a drug for the treatment of multiple sclerosis.
Lockheed Martin – The defense contractor earned $ 5 per share for the second quarter, 23 cents higher than estimates. Revenues also exceeded expectations and Lockheed increased its outlook for the year, driven by solid performance in all four business segments.
Whirlpool – Whirlpool reported adjusted quarterly earnings of $ 4.01 per share, 30 cents higher than the consensus. The appliance manufacturer's business figure also exceeded estimates and Whirlpool raised its guidance for the full year, after successfully raising prices to make up for the increase. production costs.
TD Ameritrade – TD Ameritrade was 7 cents per share, exceeding expectations, with adjusted quarterly earnings of $ 1.04 per share. Online brokerage revenues also exceeded expectations. In addition, the company announced that its CEO, Tim Hockey, will leave his position once his successor found.
Apple – Apple is in advanced talks to buy Intel's wireless chip business, according to the Wall Street Journal. According to the newspaper, the deal could be concluded next week and Apple is expected to shell out about a billion dollars. Apple declined to comment to CNBC when asked questions about the story.
Starbucks – Starbucks acquires an equity stake in the Eatsa restaurant technology company and will also take a seat on the board of directors. Eatsa operated a number of automated cafes, but closed these sites and now sells its systems to other restaurant chains.
AutoNation – AutoNation has been appointed Chief Financial Officer, Cheryl Miller, replacing Carl Liebert. The largest chain of auto dealerships in the country had named Liebert to the position in March, replacing longtime CEO Mike Jackson, but said both parties agreed that Liebert was not the ideal solution.
UBS – UBS posted a quarterly profit above expectations, with the Swiss-based bank recording its best second quarter in a decade. The bank noted a weakness in wealth management, but a strength in personal and commercial banking.
Facebook – Facebook is expected to announce an agreement with the Federal Trade Commission on its privacy practices as early as this week. It has already been widely reported that the settlement would include a fine of about $ 5 billion as well as a number of privacy related requirements.
Boeing – Boeing's outlook has been downgraded to "negative" by "stable" by Moody's, echoing a similar move launched earlier in the day by Moody's rival, Fitch. The two rating agencies discussed the lingering uncertainty surrounding the Boeing Boeing 737 Max jet.
Source link
