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Darden, Oracle, Carnival, Slack, Tesla, Netflix and more



Check out the companies that make headlines before the clock:

Darden Restaurants – Oliver Garden and other restaurant chains parent reported adjusted quarterly results of $ 1.76 per share, 3 cents per share over estimates. Revenues, however, did not fall with forecasts, and comparable restaurant sales of 1.6% were shy of the 2.3% consensus estimate by analysts surveyed by Refinitiv. The Darden also estimates the full-year profit of $ 6.40 to $ 6.45 per share compared to a consensus estimate of $ 6.46.

Carnival – Cruise Line operator reported adjusted quarterly earnings of 66 cents per share, 5 cents per share over estimates. Revenues also hit the forecast, but Carnival lowers its full-year forecast due to new restrictions on travel to Cuba, as well as other factors. Rival cruise operators Royal Caribbean and Norwegian Cruise Line are under pressure in sympathy with Carnival.

Oracle ̵

1; Oracle reported adjusted quarterly earnings of $ 1.16 per share and raised estimates by 9 cents per share. The business software warrior's revenues also hit Street forecasts. Oracle's performance benefited from the strength of its own IT offerings, as well as cloud and license support services.

Slack-Slack debuts on the New York Stock Exchange today in a direct listing. The reference price for the workplace messaging service was $ 26 per share, giving a value of about $ 15.7 billion.

Tesla – Goldman lowered its price target on the automaker's stock to $ 158 per share from $ 200, while retaining a "sell" rating. Goldman said there is a lower probability of upward volume scenarios being achieved.

Aecom – Aktivist Investor Styrbord Value sent a letter to the infrastructure company's board and the CEO says that the limited company is deeply undervalued and that there are great opportunities to unlock the value. The starboard owns 4% of the shares in Aecom.

GlaxoSmithKline – Drugmaker offers concessions to EU regulatory authorities to free concern over its planned joint venture with Pfizer's consumer health unit. The EU will decide by July 10 at the latest to accept these concessions and approve the deal.

Deutsche Bank – Deutsche Bank faces a possible probe on whether it has followed US money laundering legislation, according to a New York Times report.

Boeing – Boeing is in talks with more airlines for the sale of its currently grounded 737 Max jet, according to sales manager Ihssane Mounir. It follows a 200-jet bet from British Airways owner IAG.

Netflix – Netflix said the "Murder Mystery" movie was followed by nearly 30.9 million account holders during the first three days, the biggest ever opening for a Netflix movie. 19659003] T-Mobile – T-Mobile prepares for an auction of its mobile prepayment unit, if it is said to sell wireless assets to the Dish Network, according to a Reuters report. T-Mobile is trying to sell assets to gain regulatory approval for its proposed acquisition of rival Sprint.

Steelcase – Steelcase reported quarterly earnings of 15 cents per share, 3 cents a share shy of estimates. The office furniture maker's revenues also fell away from the street forecasts. The company said that the shortage of sales was due to order growth that was weighed against the second quarter.

Pier 1 Imports – Pier 1 announced a 1-for-20 reverse split to allow the household business vendor to re-conform to the New York Stock Exchange listing standards.

Dell Technologies – Data equipment manufacturer was considered "buying" in new coverage at Deutsche Bank, which said a likely slowdown in the growth of information technology infrastructure is already reflected in the share price,

Hershey – Hershey downgraded to "underweight" from "neutral" at Piper Jaffray, who said that the chocolate manufacturer has stable growth but deals with a historically high premium to its peers.


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