Check out the companies making headlines before the bell.
ConocoPhillips — Shares slipped more than 3% following news that the company is acquiring Marathon Oil in a $17.1 billion all-stock deal, which is expected to close in the fourth quarter. Marathon Oil stock rose more than 7% following the announcement. Dick's Sporting Goods — The sporting goods retailer popped 7.7% after reporting an earnings and revenue beat for its fiscal first quarter. Dick's also raised its full year guidance. It now expects earnings per share to be between $13.
Chewy posted earnings per share of 15 cents, topping a FactSet estimate of just 4 cents per share. Revenue $2.88 billion also come in above expectations. United Airlines — Shares of the airline carrier slipped 1%, despite an upgrade to buy from hold from Jefferies. The financial institution cited United's investments in its product offering, increased free cash flow generation and a shareholder-friendly management team as catalysts for the upgrade.
Market Insider Markets Wall Street Earnings United Airlines Holdings Inc Conocophillips Merck & Co Inc DICK's Sporting Goods Inc CAVA Group Inc Hubspot Inc Robinhood Markets Inc Chewy Inc Regwall-Pro Business News
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Marathon OIl, Dick's and Robinhood rose premarket; American Airlines fellMarathon OIl, Dick's and Robinhood rose premarket; American Airlines fell
Weiterlesen »
Stocks making the biggest moves after hours: American Airlines, Robinhood, Box and moreThese are the stocks posting the largest moves in extended trading.
Weiterlesen »
Stocks making the biggest moves midday: GameStop, Reddit, Advanced Micro Devices, Robinhood and moreThese are the stocks posting the largest moves in midday trading.
Weiterlesen »
Stocks making the biggest moves midday: Walgreens, GameStop, Intel, Robinhood and moreThese are some of the stocks posting the largest moves in midday trading Monday.
Weiterlesen »
Stocks making the biggest moves after hours: Airbnb, Robinhood, Arm Holdings, Equinix and moreThese are the stocks posting the largest moves in extended trading.
Weiterlesen »
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal as energy prices riseConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices soar and big oil companies reap massive profits. The deal announced Wednesday is valued at $22.5 billion when including $5.4 billion in debt. Marathon Oil shareholders will receive 0.
Weiterlesen »