These are the stocks posting the largest moves in midday trading.
— Shares of the food company tanked more than 8% after Conagra revised its 2020 outlook due to "softer than expected category performance" during the fiscal third quarter, with holiday restaurant traffic weaker than last year. Conagra now estimates flat to 0.5% sales growth, compared to the prior estimate of 1% to 1.5% growth. Conagra said it expects adjusted earnings per share of $2.00 to $2.07, compared to its previous $2.07 to $2.17 earnings per share range.
— Shares of Walmart rose about 1.2% on Tuesday morning despite the retail giant missing expectations for the fourth quarter, as same store sales growth was weaker than anticipated. Raymond James said in a note to clients that the company's e-commerce sales topped management expectations.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks set to slide as Apple warns on coronavirus revenue hitEuropean stocks are set to open lower on Tuesday following a weak handover from Asia, as Apple's revenue guidance warning rocks electronics supplier shares and coronavirus fears persist.
Read more »
Global stocks tank after Apple warns Wuhan coronavirus is hammering sales | Markets InsiderStocks tumbled on Tuesday after Apple warned Wuhan coronavirus is hitting sales. The iPhone maker doesn't expect to hit its quarterly revenue ta...
Read more »
Stock market live updates: Stocks at lows, Apple leads slide, Tesla jumps, Utilities recordStock market live updates: The Dow just hit session lows, dropping as much as 260 points at its lowest point.
Read more »
Apple hits stocks, euro near three-year lowWorld stocks markets were knocked off record highs on Tuesday as companies underlined the impact of the coronavirus outbreak
Read more »
Stocks fall as Apple warning raises China virus concernsU.S. stocks slipped in early trading Tuesday after technology giant Apple became the most well-known company to warn of a financial hit from the virus outbreak in China
Read more »
U.S. stock futures retreat, Asia dips after Apple warns on virus impactU.S. stock futures slipped from record levels on Tuesday after Apple Inc said it...
Read more »