Verify out which companies are generating headlines ahead of the bell:
UnitedHealth – The wellness insurance company acquired an modified $two.37 for every share for the to start with quarter, 20 cents a share previously mentioned estimates. Income conquer Road forecasts and UnitedHealth lifted its whole-12 months outlook, assisted by strength in its pharmacy reward administration unit.
Johnson & Johnson – Johnson & Johnson conquer estimates by 6 cents a share, with modified to start with-quarter earnings of $1.83 for every share. Income fell short of estimates. The wellness treatment firm did elevate its whole-12 months forecast, and also explained the acquisition of Actelion ought to be completed this quarter.
Bank of The usa – The bank acquired forty one cents for every share for the to start with quarter, 6 cents a share previously mentioned estimates. Income conquer Road forecasts. Bank of The usa noticed improved benefits from equally financial loans and from trading.
Harley-Davidson – The motorbike maker acquired $1.05 for every share for its hottest quarter, three cents a share previously mentioned estimates. Income was underneath forecasts, and earnings was down a lot more than twenty five percent from a 12 months ago due to a fall in motorbike shipments.
Netflix – Netflix described quarterly earnings of forty cents for every share, three cents a share previously mentioned estimates. Income matched forecasts, but the major emphasis for buyers is subscriber guidance and the conflicting sights surrounding it. Some are concentrating on a slowdown in equally U.S. and worldwide subscriber additions, others are concentrating on an upbeat forecast for people quantities afterwards in the 12 months.
United Continental – United conquer estimates by three cents a share, with modified quarterly earnings of forty one cents for every share. The airline’s profits scored a slight conquer. The report coated the time period ahead of the current incident in which a passenger was dragged off a single of United’s flights, but considerably of the commentary targeted on that incident, and will do so yet again this morning when United retains a convention get in touch with with analysts and reporters.
Tesla – A harmful chemical spill transpired at Tesla’s Gigafactory battery facility in Nevada, but there were being no critical injuries.
Post Holdings – The cereal maker will buy British cereal model Weetabix from China’s Dazzling Food Team for nearly $1.eight billion. There had been reports Monday afternoon through the trading day that Post was shut to striking the deal.
Fidelity & Guaranty – The firm terminated its settlement to be taken around by China’s Anbang Coverage. Reuters had described Monday morning that the deal would be canceled simply because of Anbang’s failure to get the essential regulatory approval to get around the US-centered lifestyle insurance company.
IRobot – IRobot has sued rival vacuum cleaner makers Hoover and Stanley Black & Decker, accusing them of patent infringement. IRobot, the maker of the Roomba robotic vacuum, explained its rivals are utilizing numerous of its patents for robotic vacuums.
Cabela’s – Cabela’s will market its banking property to Synovus Fiscal, clearing the way for the retailer of sporting items and outside solutions to be acquired by Bass Pro Shops. Cabela’s had prepared to market equally its credit rating card portfolio and its banking property to Money 1 Fiscal, but the approach was opposed by regulators. Money 1 will still go in advance with its invest in of the credit rating card portfolio.
Barracuda Networks – Barracuda described quarterly earnings of 19 cents for every share, beating estimates by four cents a share. Income also topped estimates, however the cybersecurity firm’s shares were being pressured right after it did not issue a latest-quarter forecast.
Cummins – Cummins was downgraded to “neutral” from “chubby” at Piper Jaffray, which cites the prospective destructive affect on the engine maker of Tesla’s approach to introduce an electric truck afterwards this 12 months.
Match Team – Jefferies initiated coverage on the courting website’s stock with a “buy” ranking, as Match’s Tinder operation accelerates its monetization initiatives.
Blue Buffalo – The pet foodstuff firm was lifted to “Best Select” at Citi, which also included it to its U.S. Emphasis Record. Citi explained a current market-off in the shares gives the chance to very own “the best U.S. foodstuff development tale” at an beautiful valuation.