Some of the names on the move ahead of the open.
div > div.group > p:first-child"> 3M — 3M earned an adjusted $2.23 for the first quarter, missing the consensus estimate of $2.49 a share. Revenue also fell short of forecasts and 3M cut its full-year forecast. The manufacturing giant also announced it will cut about 2,000 jobs.
UPS — UPS came in 2 cents a share short of estimates, with adjusted quarterly profit of $1.39 per share. The delivery company's revenue also missed forecasts. UPS said bad weather had a significant impact on its performance during the quarter. Facebook — Facebook reported adjusted quarterly profit of $1.89 per share, compared to the $1.63 a share consensus estimate. Revenue also beat forecasts. Facebook's top and bottom lines, as well as user numbers, hit record highs during the quarter. The company also said it expects to pay at least $3 billion and possibly up to $5 billion in a privacy-related fine to the Federal Trade Commission.
Walmart — British regulators have blocked the proposed $9.4 billion takeover of Walmart's Asda supermarket operator by rival Sainsbury, saying it would lessen competition. Tesla — Tesla lost an adjusted $2.90 per share for the first quarter, wider than the 69 cents a share loss that Wall Street was expecting. The automaker's revenue was below forecasts as well. Tesla said it expects to return to profit in the third quarter of 2019, on cost cuts and improvements in delivery.
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.
Wall Street opens higher as technology shares gainU.S. stocks opened higher on Tuesday, led by gains in technology stocks and upbe...
Read more »
The Score: The Business Week in 7 StocksRead about the stocks that defined the week in the Journal’s guide to the ups and downs of the business world.
Read more »
After-hours buzz: Snap, eBay, Texas Instruments & moreSee which stocks are posting big moves after the bell on April 23.
Read more »
Stocks making the biggest moves premarket: Tesla, Coca-Cola, Twitter, Verizon, Hasbro & moreSome of the names on the move ahead of the open.
Read more »
After-hours buzz: Whirlpool, Facebook and Cadence DesignSee which stocks are posting big moves after the bell on April 22.
Read more »
After-hours buzz: Intuitive Surgical, Pinterest & moreSee which stocks are posting big moves after the bell on April 18.
Read more »
After-hours buzz: Facebook, Microsoft, Tesla & moreSee which stocks are posting big moves after the bell on April 24.
Read more »
Stocks making the biggest moves midday: Twitter, Disney, Coca-Cola, Hasbro & moreThese are the stocks posting the largest moves midday Tuesday.
Read more »
Stocks making the biggest moves midday: AT&T, Domino's Pizza, eBay & moreThese are the stocks posting the largest moves midday Wednesday.
Read more »
Stocks making the biggest moves midday: Kimberly-Clark, Boeing, Tesla & moreThese are the stocks posting the largest moves midday Monday.
Read more »
Stocks making the biggest moves premarket: Bed Beth & Beyond, Tesla, Boeing, Amazon & moreSome of the names on the move ahead of the open.
Read more »