Cadence Bancorporation (NYSE:CADE)
Historical Stock Chart
2 Months : From Jun 2019 to Aug 2019
By Ira Iosebashvili and Micah Maidenberg
Here are some of the companies with shares expected to trade actively in Monday's session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
Charles Schwab Corp. -- up 1.4% premarket: The discount broker's shares rose 3% on Friday, closing out a 6.5% gain for the week. The Wall Street Journal has reported it is in talks to buy brokerage and wealth-management operations from USAA.
Halliburton Co. -- up 2% premarket: The oil-field services company reported a second-quarter profit of 35 cents a share after adjustments, beating Wall Street targets by 5 cents.
Freeport-McMoRan Inc. -- up 0.5% premarket: Shares of the miner rose more than 3% Friday, as copper prices settled at their highest level in more than two months.
Equifax Inc. -- up 1.2% premarket: The credit-reporting company said Monday it will pay $700 million to settle a nationwide class-action lawsuit related to a breach in 2017 the exposed the data of nearly 150 million Americans.
Symantec Corp. -- flat premarket: The security-software company's shares fell 12.9% last week after CNBC reported that talks for the company to be acquired by Broadcom have ended.
Lennox International Inc. -- down 5.7% premarket: The heating, air conditioning and refrigeration company lowered its adjusted profit guidance for the year to $11.30 to $11.90 a share, from $12 to $12.60 a share
Cadence Bancorp -- down 8.7% premarket: Second-quarter earnings per share at the Houston bank fell to 37 cents, down from 57 cents a year earlier. Net interest income, or the difference between what a bank makes from loans or investments and the interest paid to depositors, of $160.8 million was weaker than expectations from analysts.
Cal-Maine Foods Inc. -- down 7.2% premarket: Second-quarter revenue at the egg producer fell 37% from the year earlier to $280.6 million, as selling prices per dozen eggs weakened.
GNC Holdings Inc. -- up 3.2% premarket: The vitamin retailer said its operating margin in North America improved in the second quarter as it continued to close stores.
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(END) Dow Jones Newswires
July 22, 2019 09:30 ET (13:30 GMT)
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