Stocks to Watch: Microsoft, AT&T, RH, Herman Miller and More

Microsoft CEO Satya Nadella

Photo:

Ted S. Warren/Associated Press

Updated Sept. 19, 2019 8:07 am ET

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

Target

—Up 1.9% Premarket: The retailer’s board approved a $5 billion buyback program, the company said, which it will start once it finishes its other $5 billion buyback program.

Darden Restaurants


DRI -3.06%

—Down 1.8% Premarket: The company reported a 0.9% increase in same-restaurant sales and reaffirmed its guidance for this fiscal year. First-quarter revenue was slightly below analysts’ consensus and Darden reported a drop in same-restaurant traffic at Olive Garden locations but higher same-restaurant sales.

Microsoft


MSFT 2.35%

—Up 1.2% Premarket: The technology giant’s board approved a dividend increase and a stock buyback of up to $40 billion.

AT&T


T 1.00%

—Up 1% Premarket: The telecom company is exploring parting ways with its DirecTV satellite unit, The Wall Street Journal reported on Wednesday.

RH

—Up 2% Premarket on Low Volume: The home-furnishings company raised its guidance for fiscal 2019 and said it expects another boost to next year’s bottom line.

Herman Miller


MLHR 3.37%

—Up 9.1% Premarket: The office-furniture maker’s first-quarter results topped analysts’ estimates and the company gave second-quarter guidance that exceeded expectations. This is a version of the “Stocks to Watch” section of our Markets newsletter. To receive it every morning via email, click here. Write to Ira Iosebashvili at ira.iosebashvili@wsj.com and Allison Prang at allison.prang@wsj.com

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