Pre-Open Movers: FedEx Sinks on Warning, Applied Optoelectronic Up on Asset Sale

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Go back to Pre-Open Movers: FedEx Sinks on Warning, Applied Optoelectronic Up on Asset Sale

Huntsman (HUN) Shares Downgraded on Slowing Demand in China and the US

September 20, 2022 4:22 PM EDT

Shares of Huntsman (NYSE: HUN) were downgraded, and its price targets was cut by analysts at Wells Fargo and JPMorgan on Tuesday.

The downgrades and cuts follow the company's re-announced third-quarter earnings, reported last week.

JPMorgan analyst Jeffrey Zekauskas downgraded Huntsman to Underweight from Neutral, lowering the price target to $25 from $30 per share.

Zekauskas said the company reported that volumes are contracting in Europe, little if any demand growth from August... More

Uber (UBER) provides update on response to last week’s security incident

September 19, 2022 2:04 PM EDT

Uber (NYSE: UBER) disclosed:

September 19, 10:45am PT

... More

Deutsche Bank on FedEx (FDX): 'the weakest set of results we've seen relative to expectations in our ~20 years of analyzing companies'

September 16, 2022 11:45 AM EDT

Deutsche Bank on FedEx (NYSE: FDX): 'the weakest set of results we've seen relative to expectations in our ~20 years of analyzing companies'/

Analyst Amit Mehrotra comments "FedEx preannounced the weakest set of results we've seen relative to expectations in our ~20 years of analyzing... More