Morning Movers Gapping up $Johnson & Johnson(JNJ.US)$The healthcare giant's stock rose by less than 1% after it reported a strong second quarter, with earnings and revenue exceeding Wall Street's expectations. The company posted adjusted EPS of $2.82, beating analysts' predictions by $0.10, and revenue of $22.45 billion, surpassing the consensus estimate of $22.34 billion. $adidas AG(ADDYY.US)$climbed on Wednesday as the Ger...
Morning Movers Gapping up $United Airlines(UAL.US)$stock rose 5.2% after the carrier forecast stronger-than-expected earnings in the current quarter and reported a narrower-than-expected loss in the first quarter, buoyed by robust demand for travel. $Abbott Laboratories(ABT.US)$stock increased by 1.6% after the company surpassed quarterly profit expectations and raised the lower end of its earnings forecast, with strong dem...
Morning Movers Gapping up $Micron Technology(MU.US)$Gained about 1.1% after Bank of America raised its price target due to expected demand growth for high-bandwidth memory technology. $3M(MMM.US)$Climbed nearly 3% as it completed its spinoff of Solventum and announced final approval of a $10 billion settlement in a chemical lawsuit. $Barrick Gold(GOLD.US)$,$Royal Gold(RGLD.US)$Both companies saw shares increase, 2% and 1.7% ...
Industrial Earnings Preview: General Electric$GE Aerospace(GE.US)$, 3M$3M(MMM.US)$, RTX$RTX Corp(RTX.US)$, Lockheed Martin$Lockheed Martin(LMT.US)$ GE at Highest Close Since 2017; 3M and RTX down by more than 10% from recent highs. Lockheed Martin narrowly in the green over the last year. Transport Sector Upbeat Notes Bernstein upgrades Union Pacific and Norfolk Southern to outperform. UBS upgrades J.B. Hunt$JB Hunt Transport Services(JBHT.US)$to buy; s...