Brazilian airline
's shares, meanwhile, tanked nearly 11% after Delta said it would also exit its minority stake in GOL, which competes with LATAM in the region.slid as much as 7.75% during extended trade after the company reported mixed first-quarter guidance, expecting adjusted earnings per share between 39 cents and 52 cents with revenue between $4.8 billion and $5.2 billion. Analysts were expecting future quarterly earnings of 48 cents per share and revenue of $4.
Micron's shares slipped despite a strong fourth-quarter earnings beat, reporting earnings of 56 cents per share on revenue of $4.87 billion, while Wall Street had expected earnings of 49 cents per share on $4.57 billion in revenue. Micron also said that its sales to Huawei "were down meaningfully" from anticipated levels prior to the Shenzen-based company being added to to the U.S. Entity List, which effectively prevents its ability to do business with American companies.
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:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom 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: GM, KB Home, HB Fuller and moreSee which stocks are posting big moves after the bell on Wednesday. KB Home beat again 73c vs 66c. Shares +3% premkt Raising prices in 90% of their communities. More evidence of a strong US economy. Low mortgage rates a tailwind. housing USEconomy KB Home beats EPS expectations;via YouTube
Source: CNBC - 🏆 12. / 72 Read more »
Turbulence on the horizon for Asian economies, reports say, and stocks sink on outlookThe Asian Development Bank says that escalating trade tensions will sap Asian economies of some of their potential in the rest of this year and into 2020. Rising geopolitical tensions weighed on Asian stocks Wednesday, with major indexes losing 0.5% to 1% or so in early trading. Volatility means $
Source: MarketWatch - 🏆 3. / 97 Read more »
European stocks seen lower as Trump faces impeachment inquiryMarket focus was largely attuned to news of a bid from Democrats in the U.S. House of Representatives to impeach President Donald Trump. This is what dems want. Everyone’s 401k to take a hit. 😴 NBC is Fake news FakeNews US futures are up. If President was in real trouble the futures would be down the limit!
Source: CNBC - 🏆 12. / 72 Read more »
Stocks This Week: Buy Marriott And Sell Short Conoco PhillipsThe market fell slightly last week, so we can expect a rally.
Source: Forbes - 🏆 394. / 53 Read more »
Global Stocks Drop on Trade and Political ConcernsGlobal stocks fell amid signs that President Trump will be confronted with increased domestic political pressure even as he continues to pursue a trade war with China. Make Ukraine Great Again. ☺️
Source: WSJ - 🏆 98. / 63 Read more »