Stocks to Watch: Philip Morris, Union Pacific, Morgan Stanley, IBM, E*Trade
October 17 2019 - 7:52AM
Dow Jones News
By James Willhite
Here are some of the companies with shares expected to trade
actively in Tuesday's session. Stock movements noted by ticker
reflect movements during regular trading hours; premarket trading
is specified separately.
Union Pacific -- up 1% premarket: The railroad and
freight-transportation company said in its third-quarter earnings
statement that it had bought back 6.4 million shares during the
period.
Philip Morris International -- up 1.5% premarket: The tobacco
giant's earnings beat expectations, but it lowered its forward
guidance.
Morgan Stanley -- up 4.4% premarket: The bank r eported
third-quarter earnings before market open that beat analyst
expectations.
E*Trade Financial -- up 0.5% premarket: The online broker is due
to report third-quarter earnings after markets close on Thursday.
At the start of October, it said it would join its larger rivals in
eliminating trading commissions.
International Business Machines -- down 5.4% premarket: IBM late
Wednesday reported its fifth consecutive quarter of falling
sales.
Netflix -- up 8% premarket: The company said Wednesday its
subscriber base grew during the third quarter though it missed its
subscriber-growth target.
This is a version of the "Stocks to Watch" section of our
Markets newsletter. To receive it every morning via email, click
here.
Write to James Willhite at james.willhite@wsj.com
(END) Dow Jones Newswires
October 17, 2019 08:37 ET (12:37 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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