As Wall Street begins to worry about economic growth, railroad stocks could be in for a rough ride, according to Citi. Analyst Christian Wetherbee downgraded three rail stocks — CSX , Norfolk Southern and Union Pacific — to neutral from buy, saying in a note to clients Thursday that a slowing economy would hurt investors in those companies. “Rails have …
A United Airlines Holdings Inc. Boeing 777-200 aircraft on the tarmac at San Francisco International Airport (SFO) in San Francisco, California, U.S., on Thursday, Oct. 15, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading Thursday. United Airlines – Shares of the airline surged 10.5% after the company said it expects …
Check out the companies making headlines before the bell: American Airlines (AAL) – American soared 10.5% in premarket trading after reporting a smaller-than-expected loss and predicting profitability for the current quarter. United Airlines (UAL) – United lost an adjusted $4.24 per share for the first quarter, 2 cents more than expected, and the airline’s revenue was also slightly below forecasts. …
An aerial view shows the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Check out the companies making headlines after the bell: Tesla — Shares of the electric vehicle maker rose 4% in extended trading after a better-than-expected earnings report. Tesla posted earnings of $3.22 per share on revenue of $18.76 …
Traders on the floor of the NYSE, March 29, 2022. Source: NYSE Earnings season is here, and it may distract investors from other issues, but it’s not likely to be the big driver of the overall market in the week ahead. Investors instead will keep an eye on the things that have been worrying the market — interest rates, inflation …
Names on the move ahead of the open. Source link
In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in after-hours trading: Netflix — Netflix shares dropped 19% in extended trading after the company’s quarterly report showed slowing subscriber growth. The streaming giant added 8.28 million …
U.S. stock futures were steady in overnight trading on Tuesday after the major averages clawed back much of their losses from Monday’s sell-off. Dow futures rose 25 points. S&P 500 futures gained 0.1% and Nasdaq 100 futures rose 0.08%. Netflix reported disappointing third quarter subscriber guidance after the bell on Tuesday, but the stock was flat in extended trading. The …
