– Shares of the mattress company added 2.5% in the premarket after it reported an adjusted quarterly profit of 88 cents per share, 3 cents above estimates. Revenue was also above analyst forecasts, with a particularly strong sales increase in international markets. – Ford surged 9.5% in premarket trading, after it earned an adjusted 51 cents per share for the third quarter, well above the 27-cent consensus estimate.
The automaker said supply chain constraints should slowly ease this quarter and throughout 2022. – eBay beat estimates by 1 cent with an adjusted quarterly profit of 90 cents per share, and the online marketplace operator's revenue also topped forecasts. However, the stock slid 5.1% in premarket action as eBay issued weaker than expected current quarter guidance. – ServiceNow came in 17 cents ahead of estimates with adjusted quarterly earnings of $1.
Infrastructure funding is a huge need… why not return to the time tested MUNI BOND FINANCE structure. TRILLIONS of idle cash would flood into financing if the Feds would back the bonds and offer Federal Tax Exemption of income. Thoughts?
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