Stocks to Watch: Disney, Wynn Resorts, Hertz, and Microchip Technology

07Aug 2019 by aroundthenews No Comments

A ride at Shanghai Disneyland. Disney said that while trade tensions between the U.S. and China haven’t depressed attendance at Shanghai Disneyland, the civil unrest in Hong Kong has hit traffic at its theme park there.

Photo:

aly song/Reuters

Here are some of the companies with shares expected to trade actively in Wednesday’s session.

Walt

Disney

DIS 2.58%

: The media and entertainment giant posted disappointing results, marred by the weak performance of Fox entertainment assets purchased in a $71.3 billion deal that closed in March.

Wynn Resorts

WYNN 0.69%

: The casino operator reported a surprising increase in second-quarter revenue.

Hertz

HTZ 4.99%

: The rental-car company posted a larger-than-expected rise in sales for the second quarter and beat on earnings.

Microchip Technology

MCHP 1.72%

: The semiconductor company gave upbeat revenue projections for the current period.

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

]

Source link