Stocks making the biggest moves in the premarket: 3M, Caterpillar, Pfizer, PepsiCo, Merck & more

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The stocks making the biggest moves in premarket trading include 3M, Caterpillar, Pfizer, PepsiCo, Merck, and more.

, with quarterly earnings of $1.07 per share. Revenue came in above estimates as well. PepsiCo is joining those withdrawing its outlook due to pandemic-related uncertainties. The company said it still expects to buy back $2 billion in shares this year and pay $5.5 billion in dividends. – The motorcycle maker earned 45 cents per share for its latest quarter, 4 cents a share above estimates. Revenue was slightly above forecasts.

Harley also suspended share repurchases, and cut its quarterly dividend to 2 cents a share from 38 cents a share. – The home builder beat consensus forecasts by 18 cents a share, with quarterly profit of $1.30 per share. Revenue was also above estimates. The company said sales and profits are slowing, however, and cancellations are increasing due to the coronavirus pandemic. – Boeing will resume production of its 787 Dreamliner aircraft at its South Carolina factory on May 4.

 

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