Stocks to Watch: Netflix, MGM, Bank of America, Yum, Abbott Laboratories
October 16 2019 - 5:11AM
Dow Jones News
By James Willhite
Here are some of the companies with shares expected to trade
actively in Wednesday's session. Stock movements noted by ticker
reflect movements during regular trading hours; premarket trading
is specified separately.
Netflix -- The streaming-television pioneer will deliver its
latest earnings report when U.S. markets close on Wednesday. The
stock has recently suffered amid questions about the intensifying
competitive landscape.
Bank of America -- Berkshire Hathaway requested permission
earlier in October from the Federal Reserve to increase its stake
in the bank above 10%.
Abbott Laboratories -- The pharmaceutical company is due to
report third-quarter earnings before U.S. markets open
Wednesday.
MGM Resorts International -- The casino giant is selling two of
its properties on the Las Vegas Strip, including its landmark
Bellagio property, in separate real estate deals.
Yum Brands -- The fast-food company's Taco Bell subsidiary
voluntarily recalled about 2.3 million pounds of seasoned beef from
its restaurants and distribution sites Friday after a customer
reportedly found a metal shaving in an order of food.
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 16, 2019 04:56 ET (08:56 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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