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Some of the names on the move ahead of the open.
U.S. stock futures were higher this morning, with the market trying to avoid its first three-session losing streak of October.
*Dow components 3 M, Caterpillar and McDonald's report results before the bell, while technology majors Microsoft, Alphabet, AT&T and Amazon are due to report after the close. *Dow Chemicals rose 3.2 percent to $49.00 premarket after its results. *Global stocks were up ahead of a policy-setting meeting by the European Central Bank.
Check out the companies making headlines after the bell Wednesday: AmEx, eBay, Citrix & more.
American Express said continued headwinds from a stronger U.S. dollar and a rise in marketing spending contributed to profit falling.
Oct 21- American Express Co, the world's largest credit card issuer, reported a quarterly profit that missed analysts' estimates as costs rose and a strong dollar ate into revenue from its international business. The company's net income attributable to common shareholders fell to $1.23 billion, or $1.24 per share, in the third quarter ended Sept. 30, from $1.47...
The company's net income attributable to common shareholders fell to $1.23 billion, or $1.24 per share, in the third quarter ended Sept. 30, from $1.47 billion, or $1.40 per share, a year earlier.
*Valeant sinks after Citron report, drags Allergan, Endo. Oct 21- Wall Street was little changed in early afternoon trading on Wednesday as gains by General Motors and technology stocks were limited by a slide in healthcare stocks. Allergan fell 4.6 percent to $251.37 and Endo International slumped nearly 13 percent to $54.98, weighing the most on the S&P 500 and...
*VMware, Yahoo down on poor results. Oct 21- U.S. stocks were little changed on Wednesday as healthcare stocks resumed their slide for a second day, offsetting gains by General Motors and technology stocks. Health insurers Aetna, Humana, Anthem and Cigna all fell about 4 percent after Democratic presidential candidate Hillary Clinton said she had "serious...
Bonds climbed after after Japanese trade data raised concerns about another recession in the world's third-largest economy.
*VMware, Yahoo down on poor results. Oct 21- U.S. stocks were set to open higher on Wednesday as investors cheered strong third-quarter results by industry heavyweights General Motors and Boeing. Shares of General Motors rose 4.5 percent to $35.00 premarket, while Boeing rose 4.2 percent to $142.15.
U.S. stock futures were higher this morning, after Wall Street snapped a three-session winning streak as the pace of corporate earnings accelerated.
Oct 21- U.S. stock index futures were slightly higher on Wednesday, set to reverse the small losses on Tuesday, ahead of earnings reports from heavyweights including General Motors, Boeing and Coca-Cola. *U.S. stocks closed slightly lower on Tuesday as losses in healthcare and biotech stocks offset gains in Verizon and United Technologies.
A hot sports car stock could leave a group of blue chips in its dust, as traders watch earnings reports to see if corporate profits are cooling.
So far the earnings season has been lackluster, and some high-profile warnings have already given investors pause.
Oct 15- Shares in First Data Corp rose 2.6 percent in their debut on Thursday, valuing the payment processor at $14.42 billion in the largest initial public offering this year. First Data, controlled by private equity firm KKR& Co LP, raised $2.56 billion by selling 160 million shares at $16 each per share, below the indicated range of $18 to $20.
The Grateful Dead and John Mayer have announced a free show in New York City, sponsored by American Express and designed to raise money for charity.
How streaming music services like Spotify and Pandora are actually helping musicians make money.
Dimitry Belorossov, 22, of St. Petersburg, had pleaded guilty in July 2014 to one count of conspiring to commit computer fraud for his role in a $500 million global cyber crime scheme that infected more than 11 million computers worldwide. District Judge Thomas Thrash in Atlanta imposed the sentence, which also requires Belorossov to pay more than $320,000 in...
CHICAGO, Sept 29- The majority of payment terminals at U.S. merchants will not be ready to accept cards with embedded microchips aimed at reducing fraud by Oct. 1, missing a deadline set by banks and credit card companies, according to the National Retail Federation. The urgency to meet the new standards, known as EMV, which stands for Europay, MasterCard and Visa, for...