FedEx sharply cut its profit forecast for the year.
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Updated Sept. 18, 2019 8:17 am ET
Here are some of the companies with shares expected to trade actively in Wednesday’s session.
—Down 2.2% Premarket: Sales at the food company slightly missed analysts’ estimates while its adjusted earnings topped expectations.
—Down 8.4% Premarket: The pharmaceutical company said that participants in a Phase 2 study for its cannabinoid therapy gel had fewer seizures.
—Down 11% Premarket: The shipping giant missed on quarterly profits and gave downbeat full-year targets, noting that slowing global growth and trade uncertainty continue to hurt its business.
—Down 3.3% Premarket: The online seller of pet products beat on quarterly sales but said its net loss widened from a year earlier on an unadjusted basis.
—Down 2.7% Premarket: The software company said quarterly sales grew more than Wall Street anticipated, though projections for the current period were weaker than consensus targets.
—Down 0.7% Premarket: Shares of the energy firm slid 7.8% Tuesday with oil paring much of its Monday surge as analysts weighed the latest signals from Saudi Arabia following weekend attacks on the kingdom’s crude facilities. The stock had risen 12% Monday. This is an expanded version of the “Stocks to Watch” section of our Markets newsletter. To receive it every morning via email, click here. Write to Amrith Ramkumar at email@example.com and Allison Prang at firstname.lastname@example.org
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