Stocks to Watch: Bank of America, PNC, United Airlines, CSX, Cintas and More

Here are some of the companies with shares expected to trade actively in Wednesday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.

Bank of America
Corp.


BAC 1.02%

—Up 0.2% premarket: Earnings of the second-largest bank in the U.S. by assets climbed 8% in the second quarter, lifted by consumer banking and wealth management.

Bank of New York Mellon
Corp.


BK 2.76%

—Up 2.5% premarket: The bank reported Wednesday lower earnings in the latest quarter as revenue slipped.

United Airlines Holdings
Inc.


UAL -1.00%

—Up 0.4% premarket: The company posted stronger-than-expected quarterly earnings, though it said it is cutting back on capacity because of the grounding of

Boeing

’s 737 MAX.

PNC Financial Services Group
Inc.


PNC 1.05%

—Up 1.4% premarket: The regional bank’s profit rose in the second quarter, driven by strong growth in loans, deposits and revenue.

CSX
Corp.


CSX -8.69%

—Down 7.6% premarket: The railroad company cut its full-year sales projections, citing economic uncertainty and a recent shutdown of a major oil refinery it served.

Cintas
Corp.


CTAS 8.39%

—Up 5.6% premarket: The workplace-uniform provider reported a larger jump in quarterly earnings than expected.

Textron
Inc.


TXT -5.65%

—Down 2.8% premarket: The maker of aviation, defense and industrial products reported lower profit and sales Wednesday.

Comerica
Inc.


CMA -4.68%

—Down 3% premarket: The financial-services company reported lower earnings due to higher credit losses.

Devon Energy
Corp.


DVN -0.45%

—Unchanged premarket: Shares of the energy company slid 3.1% Tuesday, posting their fourth consecutive decline as oil prices fell.

Fidelity National Financial
Inc.


FNF 2.21%

—Unchanged premarket: The title-insurance company beat on sales and earnings in its latest quarter.

Burberry Group


BURBY 2.14%

PLC—Unchanged premarket: The London-based fashion company soared 14% Tuesday, its largest one-day advance on record, after reporting upbeat sales in the latest quarter.

This is a version of the “Stocks to Watch” section of our Markets newsletter. To receive it every morning via email, click here.

Copyright ©2019 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!