Among the companies with shares expected to actively trade in
Thursday's session are Goldman Sachs Group Inc. (GS), Netflix Inc.
(NFLX) and Mattel Inc. (MAT).
Goldman Sachs said its third-quarter net income jumped 48% as
its fixed-income trading arm made a solid comeback, and the firm
raised its quarterly dividend by five cents to 60 cents a share.
Still, shares fell 3.6% to $170.80 in premarket trading amid
broader premarket losses and as the firm reported higher
expenses.
Netflix said Wednesday its recent price increases contributed to
a disappointing number of new users in the third quarter, a
harbinger of slowing U.S. growth even as the online video-streaming
company prepares to face a new challenge from rival HBO. Shares
sank 26.2% to $331.30 premarket.
Mattel on Thursday said its third-quarter earnings fell 22%,
missing Wall Street's expectations, as muted sales of its iconic
Barbie doll continue to weigh on results. Shares tumbled 4.7% to
$29.10 premarket.
Southwestern Energy Co. (SWN) on Thursday agreed to buy 435
wells located mostly in West Virginia from Chesapeake Energy Corp.
(CHK) for about $5.38 billion, expanding the company's position in
the Marcellus Shale. Southwestern Energy's shares dropped 3% to
$34.63 premarket, while Chesapeake's shares jumped 10.9% to
$19.70.
Philip Morris International Inc. (PM) said cigarette shipment
volumes continued to fall, although the company said its results
exceeded expectations by a slight margin amid higher prices and
gains in market share. Shares were down 1% to $82.75 premarket.
Baxter International Inc.'s (BAX) third-quarter profit fell, but
medical products sales rose 17%. Shares were down 2% to $67
premarket.
UnitedHealth Group Inc. (UNH) raised its outlook for the year as
it posted strong results in the most recent quarter. Shares gained
1.1% to $83.05 premarket.
Baker Hughes Inc.'s (BHI) third-quarter profit rose 10% as the
oil-field services company reported higher revenue across all
segments. But results came in below Wall Street expectations,
sending shares down 10.5% to $48.
Blackstone Group L.P. (BX) said its third-quarter profit rose
46%, as the private-equity firm reaped gains selling share of
companies it owns. But the company's economic net income fell short
of Wall Street expectations. Shares fell 4.9% to $27.65
premarket.
AbbVie Inc. (ABBV) officially reversed course on its plans to
buy Dublin's Shire PLC (SHPG, SHP.LN), saying it was recommending
shareholders vote against the $54 billion takeover deal it had
signed in July, in light of new tax rules from the U.S. Treasury
Department.
American Express Co. (AXP) on Wednesday said its third-quarter
earnings rose 8%, driven by increased cardholder spending and
higher loan balances as credit trends remained strong.
Delta Air Lines Inc. (DAL) said its passenger unit revenue
increased 2.4% in the third quarter, helping drive up overall
revenue.
Amazon.com Inc. (AMZN) said it plans to hire 80,000 seasonal
workers for its warehouse network in the U.S., representing a 14%
increase from last year.
Alliance Data Systems Corp. (ADS) said its third-quarter profit
rose 15%, driven by gains in its Private Label segment.
Supervalu Inc. (SVU) on Thursday reported a 23% drop in
quarterly earnings, nicked by costs tied to recent data breaches,
though sales at its Save-A-Lot discount chain continued to
grow.
Danaher Corp. (DHR) saw its third-quarter earnings rise, posting
a 13% profit as the company focuses on expanding cash margins and
making deals.
PPG Industries Inc. (PPG) said its third-quarter earnings rose
64% amid broad sales growth across its main business segments.
Dover Corp. (DOV) posted higher revenue for the third quarter,
but the industrial-equipment maker lowered the high end of its
earnings view for the year to account for recent acquisitions.
Write to Tom Rojas at tom.rojas@wsj.com
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