Morning Movers Gapping up $Verizon(VZ.US)$The telecommunications giant traded 1.5% higher as earnings per share came in ahead of expectations. Verizon earned $1.15 a share, excluding items, in the first quarter, three cents more than the consensus forecast of analysts surveyed by FactSet. However, the New York-based company posted $33 billion in revenue, slightly under the $33.32 billion figure penciled in by Wall Street. Verizo...
Morning Movers Gapping up $美国铝业公司(AA.US)$stock increased by 1.7% as the company's earnings exceeded expectations with plans for steady production into 2024. $美光科技(MU.US)$stock experienced a 2.2% boost following news of over $6 billion in government grants earmarked for the company's domestic chip factory initiatives. $霍顿房屋(DHI.US)$shares ascended 2.6% with the homebuilder reporting a rise in quarterly prof...
Alcoa's acquisition of Alumina is a strategic move to reduce reliance on external supply and withstand commodity price fluctuations. The merger will result in a stronger balance sheet and better funding for restructuring and growth.
Morning Movers Gapping up $达美乐比萨(DPZ.US)$stock rose 7% after the restaurant chain hiked its dividend and gave the green light to further share repurchases. $Freshpet(FRPT.US)$stock soared 12% after the pet-food manufacturer's fourth-quarter revenue and profit topped analyst estimates, helped by a rise in sales as it boosts media spending. $PPG工业(PPG.US)$stock rose 0.5% after the paints and coatings maker sa...
Morgan Stanley analysts predict the Alumina deal will likely complete due to its niche commodity and minority shareholding. Alcoa's CEO sees value in a simplified ownership structure and believes it's the right time for AWAC ownership consolidation.
102328260 : Why going up any idea ?