Stocks making the biggest moves premarket: JC Penney, Square, Tesla, L Brands & more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 74 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Some of the names on the move ahead of the open.

div > div.group > p:first-child"> J.C. Penney — The retailer earned an adjusted 18 cents per share for the fourth quarter, 8 cents a share above estimates,. Revenue also beat Wall Street forecasts and J.C. Penney announced plans to close 18 full-line stores this year.

SeaWorld Entertainment — The theme park operator lost 13 cents per share for its latest quarter, a penny a share smaller than Wall Street was anticipating. Revenue beat estimates, however, and park attendance increased by 8 percent during the quarter compared to a year earlier. Celgene — Celgene shares are under pressure after major Bristol-Myers Squibb shareholder Wellington Management said it would not support the acquisition. Wellington said it thinks Bristol-Myers shareholders are accepting too much risk and that Celgene shareholders are getting the drug maker's shares at well below implied asset value. Bristol-Myers said it believed the acquisition was taking place at an attractive price, and that it was an important opportunity to create sustainable value.

Square — Square beat estimates by a penny a share, with adjusted quarterly earnings of 14 cents per share. The digital payment company's revenue also beat forecasts, however Square's current-quarter outlook is below some analysts' forecasts. Tesla — Tesla was designated as a"Fresh Pick" at Baird, which also reiterated an"outperform" rating. Baird said pessimism on Model 3 demand is overblown, and that weak first-quarter delivery expectations are already priced into the stock.

KKR — The private-equity firm and China's Tencent are separately exploring bids for a stake in Vivendi's Universal Music division, according to Reuters.

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 İE
 

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

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves after hours: L Brands, Square, HP and moreSee which stocks are posting big moves after the bell on February 27.
Source: CNBC - 🏆 12. / 72 Read more »

JC Penney is about to report earnings. Here's everything you need to knowPenney, with new CEO Jill Soltau at the helm, is expected to have to shut more stores to get its business in healthier shape.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: Kraft Heinz, Dropbox, Zillow and moreSee which stocks are posting big moves after the bell on February 21. These are all companies of the past, we're moving on to 2019 and beyond! Check out we find you the best investment properties for your $$$.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: AutoNation, Wayfair, Citigroup, Ford & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Nike, Coca-Cola, Cheesecake Factory & moreThese are the stocks posting the largest moves midday Thursday. Wonder what’s up with Nike ? Here's the simplest guide you'll ever read on how to buy stocks Interesting to listen to Josh who I consider to be a NYC socialist effete snob .Area deserves Wack Job AOC
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Home Depot, Caterpillar, Tesla & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Berkshire Hathaway, General Electric, Twitter & moreSome of the names on the move ahead of the open. GE is Global but still 100% American LiberalismIsAMentalDisorder
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: General Electric, Caterpillar, Wayfair & moreThese are the stocks posting the largest moves midday Monday.
Source: CNBC - 🏆 12. / 72 Read more »