Stocks making the biggest moves in the premarket: Goldman Sachs, Bank of America, GE & more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The stocks making the biggest moves in premarket trading include Goldman Sachs, Bank of America, GE, and more.

, 4 cents a share above estimates. Revenue was short of Wall Street forecasts, however. The bottom line was helped by strength in the company's trading business. Separately, BofA announced the authorization of $3.2 billion in share buybacks, as well as maintaining its quarterly dividend at 18 cents per share. The company's shares slipped 1.2% in the premarket.

– General Electric said it was proposing to freeze pension benefits for 2,800 employees in the U.K. GE's U.K. pension benefit obligation stood at about $14 billion at the end of 2020. The company's shares rose 1.4% in premarket trading. – The oilfield services company's quarterly results came in 3 cents a share above estimates, with profit of 18 cents per share. Revenue beat forecasts as well, helped by cost cuts and a rebound in demand thanks to an increase in oil prices.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

as usual us stock futures are just rigged back to the top 1 percent while the us SEC is so bad at their job the people that work there are now considered unemployable

Stop making Certificates of Deposit Worthless Again...

thanks

Amc!

Australia Australia Latest News, Australia Australia Headlines