Stocks to Watch: Johnson & Johnson, Lyft, Caleres, Standex
August 27 2019 - 7:21AM
Dow Jones News
By Amrith Ramkumar
Here are some of the companies with shares expected to trade
actively in Tuesday's session.
Johnson & Johnson: The company must pay $572 million for
contributing to an opioid-addiction crisis in Oklahoma, a judge
there ruled Monday in a closely watched trial.
Lyft: Shares of the ride-hailing company rose 4.3% Monday, their
largest one-day gain in two months, after Guggenheim Securities
said the company should turn a profit by 2021, rather than 2023,
following its latest price increase.
Caleres: The footwear company said second-quarter profit rose
more than expected.
Standex: The manufacturing company said that quarterly sales
fell less than expected from a year earlier and that its chief
financial officer is resigning.
This is an updated version of the "Stocks to Watch" section of
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Write to Amrith Ramkumar at amrith.ramkumar@wsj.com
(END) Dow Jones Newswires
August 27, 2019 07:06 ET (11:06 GMT)
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