Boeing, AT&T, Mattel and others

Boeing, AT&T, Mattel and others


Try the businesses making headlines earlier than the bell:

Boeing (BA) – Boeing reported a lack of $7.69 per share for the fourth quarter, because it took $4.4 billion in costs referring to quite a lot of points, together with supply delays for the 787 widebody jet. Analysts had anticipated a lack of 42 cents per share. Boeing generated constructive money stream for the quarter, the primary time for the reason that first quarter of 2019, and the inventory rose 1.1% within the premarket.

AT&T (T) – AT&T gained 1% within the premarket after reporting better-than-expected fourth-quarter revenue and income. AT&T beat estimates by 2 cents with an adjusted quarterly revenue of 78 cents per share, helped by sturdy development for its HBO Max unit.

Mattel (MAT) – Mattel surged 7.9% in premarket buying and selling after the Wall Road Journal reported Mattel received again the rights to supply toys based mostly on Walt Disney’s “Frozen” franchise from Hasbro (HAS). Hasbro fell 1.7%.

Corning (GLW) – Corning rallied 7.7% in premarket buying and selling after reporting better-than-expected quarterly earnings and income. The supplies science firm additionally issued an upbeat forecast, because it sees development in areas like optical parts, life sciences and automotive.

Kimberly-Clark (KMB) – The buyer merchandise firm’s inventory fell 4.4% within the premarket after issuing weaker-than-expected income and earnings steerage. Kimberly-Clark did, nonetheless, report better-than-expected revenue and income for the fourth quarter.

DraftKings (DKNG) – The sports activities betting firm’s inventory jumped 6.7% within the premarket after Morgan Stanley upgraded it to “chubby” from “in-line.” The agency mentioned the U.S. sports activities betting and gaming market is more likely to be very giant with just a few winners, and that DraftKings will probably be considered one of them.

Microsoft (MSFT) – Microsoft reported a quarterly revenue of $2.48 per share, 17 cents above estimates, with income additionally beating Wall Road forecasts. Microsoft additionally gave an upbeat forecast for the present quarter, as cloud providers income continued to publish sturdy development. Microsoft rallied 3.8% in premarket buying and selling.

Texas Devices (TXN) – Texas Devices earned $2.27 per share for its newest quarter, in contrast with a consensus estimate of $1.94, and income above estimates. The chipmaker additionally issued an outlook that exceeded analyst forecasts amid continued sturdy demand for semiconductors. Shares jumped 4.3% in premarket motion.

F5 (FFIV) – F5 slumped 13% in premarket buying and selling after the cloud safety firm’s present quarter steerage fell beneath analyst forecasts. It additionally minimize its full-year outlook, due partially to the affect of provide chain points.

Navient (NAVI) – Navient tumbled 11.7% within the premarket after the coed mortgage servicing firm reported a quarterly loss amid increased bills and falling income.

JinkoSolar (JKS) – Jinko Photo voltaic shares surged 15% in premarket buying and selling after the photo voltaic firm’s shares greater than doubled throughout their first day of buying and selling in Shanghai and reached a premium of about 800% over the U.S.-listed shares.



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