Stocks to Watch: Humana, Electronic Arts, Baker Hughes, Apple and More

Here are some 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.

Humana
Inc.


HUM 1.25%

— Up 6.1% premarket: The health insurance company’s net income rose in the second quarter as premium revenue increased and the company’s year-earlier results included a $790 million business sale loss. The company beat expectations for adjusted earnings and revenue. It also increased its projections for revenue and profit for the 2019 year.

Electronic Arts Inc.— Up 5.5% premarket: The videogame company exceeded quarterly earnings targets, boosted by growth in live services.

Baker Hughes


BHGE 1.74%

a GE Co.— Up 5.1% premarket: The company on Wednesday reported a second-quarter loss but beat analysts’ expectations for adjusted earnings per share.

Carlyle Group


CG 0.12%

LP—Up 4.9% premarket: The company said Wednesday it would abandon its partnership structure and become a corporation with a single class of shares, going a step further than private-equity peers that have already converted.

Apple Inc.— Up 3.8% premarket: The iPhone maker exceeded quarterly sales and profit targets and gave stronger-than-expected revenue projections for the current quarter.

General Electric
Co.


GE 1.35%

— Up 2.7% premarket: The company reported a second-quarter loss and flat sales, but said it was making progress in restructuring its long-struggling power division and raised its full-year financial projections.

Bunge
Ltd.


BG -0.39%

— Up 2.5% premarket: The agribusiness and food company posted a profit in the second quarter, helped by the contribution from a venture investment.

Allstate Corp.— Up 2% premarket: The insurance company said growth in insurance premiums lifted profit in the second quarter.

Amgen Inc.— Up 2.1% premarket: The company said that its experimental cancer drug AMG 510 has shrunk tumors in patients with colorectal and appendiceal cancer and that it plans to start a study that could let it file for regulatory approval.

Moody’s
Corp.


MCO 0.38%

— Up 1.6% premarket: The debt-rating company’s revenue rose in the latest quarter as its analytics business grew but its investors service struggled with issuance activity. Adjusted earnings and revenue were above analysts’ expectations. The company also raised its adjusted profit outlook.

Church & Dwight
Co.


CHD 0.67%

— Up 1.8% premarket: The maker of Arm & Hammer and OxiClean raised its full-year outlook for sales and adjusted earnings per share after delivering what it called a strong first half. Sales grew in the latest quarter as the consumer-goods company sold more products, charged higher pricing and grew its international business.

Molson Coors Brewing
Co.


TAP.A -1.21%

— Down 6.2% premarket: The beer maker posted second-quarter sales and earnings that missed expectations amid cool, wet weather and a drop in demand.

Advanced Micro Devices Inc.— Down 4.6% premarket: The chip maker gave revenue growth targets for the third quarter that fell short of Wall Street targets.

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 Aisha Al-Muslim at aisha.al-muslim@wsj.com and Amrith Ramkumar at amrith.ramkumar@wsj.com

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 !!