UBS Cuts Price Target on Kimberly-Clark (KMB) Following 3Q Report
- 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
Pre-Open Stock Movers 10/24: (BEAV) (JPEP) (HLT) Higher; (BAS) (INO) (ADRO) Lower (more...)
October 24, 2016 9:11 AM EDTToday's Pre-Open Stock Movers
Basic Energy Services, Inc. (NYSE: BAS) 45% LOWER; announced that the Company entered into a restructuring support agreement on October 23, 2016, with its secured term loan lenders and certain holders of its 7.75% senior notes due 2019 and 7.75% senior notes due 2022 to effectuate a proposed prepackaged plan of reorganization that will significantly deleverage the Company's balance sheet and provide the Company with $125 million of additional liquidity. Under the terms of the RSA, the Company and certain of its subsidiaries must file chapter 11 cases to implement the Plan on or before... More
Kimberly-Clark (KMB) Misses Q3 EPS by 2c; Eases FY16 Outlook
October 24, 2016 7:32 AM EDTKimberly-Clark (NYSE: KMB) reported Q3 EPS of $1.52, $0.02 worse than the analyst estimate of $1.54. Revenue for the quarter came in at $4.6 billion versus the consensus estimate of $4.73 billion.
GUIDANCE:
Kimberly-Clark sees FY2016 EPS of $5.95 - $6.05, versus prior guidance of $5.95 - $6.15 and the... More
Trading Radar for 10/24: T-Mobile (TMUS), V.F. Corp. (VFC), Rambus (RMBS), Sohu.com (SOHU), Kimberly-Clark (KMB) Report
October 21, 2016 3:45 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Earnings:
ACCO Brands Corporation (Nasdaq: ACCO) - consensus EPS $0.28
B/E Aerospace (Nasdaq: BEAV) - consensus EPS $0.80
Bank Of Hawaii Corp. (NYSE: BOH) - consensus EPS $0.99
Bank Of Marin Bancorp (Nasdaq: BMRC) -... More