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Verizon, Amazon, Intel, AT&T, Visa, Uber and more




Check out the companies as headlines before:

Verizon – Verizon reported a quarterly profit of $ 1.25 per share, a penny a share above projections. Revenues also came in from Wall Street forecasts, helped by a larger-than-expected increase in postpaid subscribers.

VF Corp. – The clothing manufacturer reported a quarterly profit of $ 1.26 per share, falling 5 cents per share to short for estimates. Revenues were also lower than analysts had expected, amid weaker demand for brands such as North Face and Vans. However, the company confirmed the full-year forecast and announced a 5 percent increase in the share in the quarterly dividend to SEK 48 per share.

Amazon.com ̵[ads1]1; Amazon reported quarterly earnings of $ 4.23 per share, below the consensus estimate of $ 4.62. However, revenue was above Wall Street expectations. The company reported its first decline in earnings in more than two years, as it spent more on a day's shipment and other measures.

Intel – Intel beat estimates by 18 cents per share, with a quarterly profit of $ 1.42 per share. The chip maker's revenue was also above projections, and Intel lifted its full-year revenue outlook amid strong demand, adding $ 20 billion to its buy-back program.

AT&T – Chief Operating Office John Stankey told Reuters that the company's HBO Max service aims to reach around 80 million global subscribers by 2025, with around 50 million in the United States. He also said the service will be available for free to 10 million AT&T customers who are also HBO subscribers when it launches next spring.

Facebook – Facebook launches a news service today for a limited test audience of 200,000 users. The Wall Street Journal reports that ABC, NBC, Fox, Conde Nast and the Washington Post are among the outlets that have agreed to participate.

Gilead Sciences – Gilead came in a penny a share above the projections, with a quarterly profit of $ 1.75 per share. Medication revenue was largely in line with forecasts. Gilead reported lower than expected sales of its cancer treatment Yescarta.

Visa – Visa reported third-quarter earnings of $ 1.47 per share, 4 cents per share above projections. Revenues also beat Wall Street forecasts, boosted by more debit and credit card spending. The company also announced a 20% increase in dividends.

Alaska Air – Alaska beat analysts' forecasts by 11 cents per share, with a quarterly earnings of $ 2.63 per share. The airline's revenues were mainly in line with the projections. Alaska Air's key value for revenue per available seat mile was slightly above projections.

Boeing – Boeing's design and certification of the MCAS flight control system was heavily criticized in a report by Indonesian regulators on the crash of a Lion Air plane last year. which killed 189 people. The report also accuses Lion Air's maintenance work and its pilots. Boeing responded to the report, saying it reworked the Angle of Attack sensors informing the anti-stall system that they would now turn on the system only if both sensors agree.

Anheuser-Busch InBev – Beer brewer cut its full-year profit forecast, while beer sales are declining in markets such as Brazil and South Korea.

Citigroup – Citi appointed Latin American chief Jane Fraser as president and head of the Consumer Bank, putting her in line to finally succeed Chief Executive Officer Michael Corbat.

Booking Holdings – The stock was downgraded to "market perform" from "outperform" at Raymond James. The company said Street appears overly optimistic in terms of revenue growth and profit margins for the operator of Priceline, Kayak and other travel booking sites.

Dick's Sporting Goods – Dick's was upgraded to "buy" from "neutral" from Goldman Sachs, pointing to a healthy athletic market, as well as better service and a more differentiated experience at Dick & # 39; # 39; s stores.

Uber Technologies – Uber was considered "buy" in new coverage at Guggenheim. The company said the retracted services operator has underestimated the rise in prices, among other factors.

Avis Budget – Avis Budget was downgraded to "keep" from "buying" from Deutsche Bank, pointing to softer prices for the car rental company as well as the pending retirement of CEO Larry De Shon.



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