H.B. Fuller Stock Forum

$Discover Financial Services (DFS.US)$
— Shares dropped nearly 7% after Discover Financial Services reported fourth-quarter results. The financial services company reported quarterly revenue of $4.20 billion that topped estimates of $4.10 billion, according to analysts polled by LSEG. GAAP earnings of $1.54 per share were not immediately comparable.
$Alcoa (AA.US)$
— Shares dropped nearly 3% after the aluminum producer reported fourth-quarter results. A...

$Micron Technology (MU.US)$
— The chip stock slid 4% in extended trading after Micron offered weaker-than-expected earnings guidance for the current quarter. Micron said to expect a loss of $1.07 per share, while analysts polled by LSEG, formerly known as Refinitiv, expected 95 cents. Elsewhere, the company posted a narrower-than-expected loss for the fiscal fourth quarter, as well as revenue that came in ahead of expectations. Current-quarter revenue ...

Meta Platforms Downgraded to Reduce From Hold at HSBC
HSBC analyst Nicolas Cote-Colisson downgraded $Meta Platforms (META.US)$ to Reduce from Hold with an unchanged price target of $110. The company's Q4 results showed higher engagement, but revenue was still down, the analyst tells investors in a research note.
Deutsche Downgrades Ford to Sell on 'Meaningful' Earnings Risk
Deutsche Bank analyst Emmanuel Rosner downgraded $Ford Motor (F.US)$ t...

Gapping up
In reaction to earnings/guidance:
• $Deutsche Bank (DB.US)$ +5.6%, $Salesforce (CRM.US)$ +2.3%, $H.B. Fuller (FUL.US)$ +2.2%, $Trip.com (TCOM.US)$ +0.7%
Other news:
• $Precigen (PGEN.US)$ +3.9% (names new COO)
• $Scorpio Tankers (STNG.US)$ +2.7% (reports it purchased its common shares in the open market and exercised a purchase option for an LR2 product tanker that is currently leased)
• $Marinus Pharmaceuticals (MRNS.US)$ +1.6% (...

Upgrades
• $American Water Works (AWK.US)$ : Janney Upgrades to Buy from Neutral
• $Becton Dickinson & Co (BDX.US)$ : Wells Fargo Upgrades to Overweight from Equal Weight - PT $275
• $Altria (MO.US)$ : Morgan Stanley Upgrades to Equalweight from Underweight - PT $43 (from $47)
• $Middlesex Water (MSEX.US)$ : Janney Upgrades to Buy from Neutral
• $Indonesia Energy (INDO.US)$ : Noble Capital Upgrades to Outperform from Market Perform - PT...