Stocks to Watch: Amazon.com, J.B. Hunt, Arrow Electronics, and ServisFirst
July 16 2019 - 6:45AM
Dow Jones News
By Merdie Nzanga
Here are some of the companies with shares expected to trade
actively in Tuesday's session.
Amazon.com: The e-commerce giant's annual Prime Day featuring
discounts and deals on its site for members ends Tuesday. Amazon's
Prime service penetrates 30% of U.S. households and less than 5% of
international markets, according to Jeffries.
J.B. Hunt: The company's second-quarter revenue came in line
with analysts' expectations, while profit fell short of
estimates.
Arrow Electronics: The electronic-component distributor warned
that the company's second-quarter adjusted profit would be lower
than previous expectations. The company also announced plans to
wind down its personal-computer business.
ServisFirst: The bank holding company reported net-interest
income rose less than expected in the latest quarter.
This is a version of the "Stocks to Watch" section of our
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here.
(END) Dow Jones Newswires
July 16, 2019 06:30 ET (10:30 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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