These are the stocks posting the largest moves before the bell.Market Insiderread more
Target beats second-quarter earnings expectations thanks to an increase in traffic and sales. The retailer also boosts its full-year estimates.Retailread more
Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Lowe's also tops rival Home Depot on same-store sales growth in the U.S.Retailread more
"As long as the trade situation remains fluid, it will present an additional layer of uncertainty and complexity as we plan our business," Target CEO Brian Cornell said.Retailread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
Dow to open higher; strong retail earnings; Gundlach says Fed lost control; negative-yielding corporate debt soars; and Trump on payroll tax cutMarketsread more
After a rush on refinances, homeowners took a breather last week, despite still seeing the lowest interest rates in about three years.Real Estateread more
Toni Sacconaghi said increased competition abroad is responsible for the weakness in Tesla's sales volume.Investingread more
The growing popularity of cocaine cut with fentanyl — known on the street as a speedball — or combinations of methamphetamine and fentanyl — known as a goofball — are driving...Health and Scienceread more
Check out the companies making headlines midday Monday:
American Airlines — American Airlines rose 2.2% after Deutsche Bank upgraded the airline's stock to buy from hold. "American looks to be on the cusp of being a true deleveraging and free cash flow story. We've been waiting for this for a long time," Deutsche Bank analysts said in a note.
Gardner Denver — Shares of the industrial company jumped 16% after a report said Gardner Denver is in talks to merge with a division of Ingersoll-Rand. The deal could be announced next week, The Wall Street Journal reported.
Restaurant Brands International — The parent company of Burger King and Tim Hortons fell 1.4% after releasing weaker-than-forecast quarterly earnings. Restaurant Brands reported earnings per share of 55 cents versus the 58 cents per share expected by Refinitv. Disappointing sales from its Tim Hortons business dragged down the company's results.
Cooper Tire & Rubber — Shares of the tire company rose 1.2% despite missing Wall Street's estimates in its first quarter. Cooper Tire & Rubber reported earnings per share of 14 cents. Analysts polled by FactSet expected a profit of 17 cents a share. Its management team, however, expects to improve operating profit margin in 2019.
Diamond Offshore Drilling — The driller's stock dropped 6.3% despite the company reporting a lower-than-expected first-quarter loss. Diamond Offshore reported a loss of 53 cents per share, while FactSet had estimated a loss of 59 cents per share. The company reported better-than-expected revenues of $233.5 million, versus an estimate of $232.9 million.
Immunomedics — Shares of Immunomedics plunged 5.4% after the biopharmaceutical company announced announced its chief medical officer, Dr. Robert Iannone, is leaving.
Veoneer — Shares of the radar and vision systems software company plummeted nearly 17% after the company said it will seek up to $500 million in funding to deal with a slowdown in its driverless car business.
Momo — Shares of Momo fell nearly 7% after the Chinese social media company said some mobile app stores have removed its dating app Tantan on direction of governmental authorities in China, according to a press release. The company said it's communicating with the government to restore Tantan as soon as possible.
Target — Target shares climbed 0.9% after a Barclays analyst upgraded the stock to overweight from equal weight and raised his price target to $115 a share from $85. "We have now decided with the pullback in the stock due to recent Amazon fears, our expected downside from this near-term view is meaningfully derisked," the analyst said in a note.
Walt Disney — Disney shares rose as much as 1.8% after J.P. Morgan hiked its price target on the media giant's stock to $150 per share from $137. The new price target implies a 7.2% upside from Friday's close of $139.92. J.P. Morgan cited the strong performance of Marvel's "Avengers: Endgame" movie for the price-target increase, among other factors.