Baird Downgrades Harmon International (HAR) to Neutral
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Harman Reports Fourth Quarter and Fiscal 2016 Results
August 4, 2016 8:01 AM EDTQ4 Net Sales Up 12% to $1.9 Billion; FY Net Sales Up 12% to $6.9 Billion Q4 and FY GAAP EBITDA Up 26%; Q4 and FY Operational EBITDA up 20% FY GAAP EPS Up 3% to $4.99; FY Operational EPS Up 9% to $6.24 Industry-Leading $24.1 Billion Automotive Backlog Issues Guidance for Fiscal 2017 and Provides Longer-Term Outlook
STAMFORD, Conn.--(BUSINESS WIRE)-- Harman International Industries, Incorporated (NYSE: HAR), the premier connected technologies company for automotive, consumer and enterprise... More