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Wall Street Top Stocks to Watch: Caterpillar, Eli Lilly, Merck, and More

(Updated with index futures, Caterpillar, Eli Lilly, Merck, Comcast, Southwest Airlines, Mobileye, Honeywell International, Hasbro, forecourt prices)

PARIS, 27 avril (Reuters) –

Top stocks to watch Thursday on Wall Street, where futures on major indices suggest an open higher by

0,48

% for the Dow Jones

.DJI

of

0,5

% for the Standard & Poor’s 500

.SPX

and of

0,92

% for Nasdaq

.IXIC

:

* CATERPILLAR

CAT.N

on Thursday published quarterly profit above Wall Street expectations, up 31%, driven by increased infrastructure spending in the United States which helped to inflate its order book and mitigate the impact of rising costs. The action gained 3.2% in pre-market.

* META PLATFORMS

META.O

on Wednesday reported quarterly sales up for the first time in nearly a year and said it expects April-June sales to beat expectations as advertisers favor safe stocks amid economic concerns . The stock was up 9% in after-hours trading.

* EBAY

EBAY.O

announced on Wednesday that it expects sales for the current quarter to exceed Wall Street expectations after a better-than-expected profit for the January-March period thanks to a refocusing on certain product categories such as sneakers and watches . The action took 2.9% before the market.

* ELI LILLY

LLY.N

on Thursday raised its forecast for annual sales and profit after having exceeded sales expectations in the first quarter thanks in part to strong demand for its diabetes treatment. The action rose nearly 3% in pre-market trading.

* MERCK & CO

MRK.N

released better-than-expected first-quarter results on Thursday on strong demand for cancer drug Keytruda and human papillomavirus vaccine Gardasil.

* COMCAST

CMCSA.O

on Thursday reported better-than-expected quarterly revenue and profit thanks to sustained demand for its broadband services and increased attendance at its theme parks. The action advanced 4% in pre-market.

* HASBRO

HAS.O

took 2% in pre-market after the publication of a turnover in the first quarter above expectations, thanks to a strong demand for its digital games.

* MATTEL

MAT.O

on Wednesday posted a bigger-than-expected first-quarter loss amid rising costs and falling orders.

* YEAR

YEAR.O

announced on Wednesday that it expects second-quarter revenue to beat Wall Street expectations thanks to improved advertising spending, which pushed the stock up about 4% in after-hours trading.

* SOUTHWEST AIRLINES

LUV.N

fell 4.5% in pre-market after the publication of a larger adjusted loss than expected by the Refinitiv consensus.

* BOEING

B.N

– Aircraft leasing giant Avolon announced on Thursday that it has reached an agreement with the US aircraft manufacturer for an order of 40 Boeing 737 MAX aircraft worth more than $4 billion at list price.

* HONEYWELL INTERNATIONAL

HON.O

advanced 1.6% ahead of the stock market thanks to the increase in its annual forecast.

* MOBILEYE GLOBAL

MBLY.O

fell 18.8% in pre-market after the downward revision of the group’s annual turnover forecast, now expected between 2.07 billion dollars and 2.11 billion dollars.

* TYSON FOODS

TSN.N

– The chief executive of the agri-food group Donnie King announced on Wednesday that he wanted to cut around 10% of jobs in administration and 15% in management positions amid falling profits.

* BRISTOL MYERS SQUIBB

BMY.N

announced on Wednesday the departure of its managing director Giovanni Caforio in November and his replacement by Christopher Boerner, the deputy managing director.

(Written by Claude Chendjou, edited by Kate Entringer and Jean-Stéphane Brosse)

2023-04-27 12:54:00


#USAValues #follow #Wall #Street #updated

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