Stocks making the biggest moves midday: Disney, CVS, Weight Watchers

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

These are the stocks posting the largest moves in midday trading.

— Shares of the major banks all fell amid a massive drop in global bond yields. The benchmark 10-year Treasury yield fell to its lowest level in nearly three years. In Germany, the 10-year bund yield dropped to a record low, hitting negative 0.59%. Lower yield hurt bank shares as they cut into their loan profitability. J.P. Morgan Chase and Bank of America both fell more than 3% while Citigroup traded 2.7% lower.

The company estimates full-year earnings per share between $1.55 and $1.70, above the estimated $1.52 The company also beat on second-quarter earnings per share. It earned 78 cents per share, higher than the 64 cents per share expected on the Street.Health— Shares of CVS Health rose more than 5% after the drugstore and health company beat on the top and bottom lines of its second-quarter report and raising its full year forecast. CVS reported earnings per share of $1.89 on revenue of $63.

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 MY
 

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

Malaysia Malaysia Latest News, Malaysia Malaysia 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: Disney, Hertz, Weight Watchers and moreSee which stocks are posting big moves after the bell on August 6.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: CVS, Office Depot, Wendy's, Cambrex, Hertz & moreStocks making the biggest moves premarket: CVS, Office Depot, Wendy's, Hertz & more Looks like Einstein has had a haircut. Hope it hasn’t changed his luck. $NVTA buy it now before cnbc starts talking about it. OphirGottlieb
Source: CNBC - 🏆 12. / 72 Read more »