Stocks making the biggest moves premarket: Comcast, Southwest, UPS, Facebook & more

div > div.group > p:first-child"> 3M — 3M earned an adjusted $2.23 for the first quarter, missing the consensus estimate of $2.49 a share. Revenue also fell short of forecasts and 3M cut its full-year forecast. The manufacturing giant also announced it will cut about 2,000 jobs.

UPS — UPS came in 2 cents a share short of estimates, with adjusted quarterly profit of $1.39 per share. The delivery company's revenue also missed forecasts. UPS said bad weather had a significant impact on its performance during the quarter. Facebook — Facebook reported adjusted quarterly profit of $1.89 per share, compared to the $1.63 a share consensus estimate. Revenue also beat forecasts. Facebook's top and bottom lines, as well as user numbers, hit record highs during the quarter. The company also said it expects to pay at least $3 billion and possibly up to $5 billion in a privacy-related fine to the Federal Trade Commission.

Walmart — British regulators have blocked the proposed $9.4 billion takeover of Walmart's Asda supermarket operator by rival Sainsbury, saying it would lessen competition. Tesla — Tesla lost an adjusted $2.90 per share for the first quarter, wider than the 69 cents a share loss that Wall Street was expecting. The automaker's revenue was below forecasts as well. Tesla said it expects to return to profit in the third quarter of 2019, on cost cuts and improvements in delivery.

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