Stocks to Watch: Dell Technologies, Amazon.com, Facebook, CVS Health, Lands' End, CBS, American Express, Cushman & Wakefield,...
September 06 2018 - 9:41AM
Dow Jones News
By Francesca Fontana and Amrith Ramkumar
Here are some of the companies with shares expected to trade
actively in Thursday's session. Stock movements reflect premarket
trading.
Dell Technologies Inc. -- Down 0.4%: The company raised its
annual guidance and reported losses of $1.45 per share during its
second-quarter, beating expectations.
Amazon.com Inc. -- Up 0.7%: Some Whole Foods employees want to
unionize to address what they say are changes to corporate culture
and diminished compensation under the ownership of Amazon.com.
Facebook Inc. -- Up 0.1%: Facebook said it would invest more
than $1 billion in a new data center in Singapore, its first in
Asia and a win for the city-state as other jurisdictions such as
China tighten controls over where user data is stored.
CVS Health Corp. -- Up 0.6%: Antitrust enforcers are nearing
approval of two major deals in the health-care industry, CVS
Health's planned acquisition of health insurer Aetna and Cigna's
planned purchase of Express Scripts. Aetna shares are up 0.4%,
while Cigna shares are down 0.2% and Express Scripts shares are up
0.4%.
Lands' End Inc. -- Down 16%: The retailer reported a wider loss
and weaker same-store sales in the second quarter than analysts
expected.
CBS Corp. -- Up 0.7%: The broadcaster is in talks with Shari
Redstone and her family's holding company, National Amusements, to
settle their litigation over control of CBS, less than a month
before the matter is scheduled to go to trial, The Wall Street
Journal reported late in Wednesday's session.
American Express Co. -- Unchanged: The FBI has launched a probe
into pricing practices within the foreign-exchange unit of American
Express, The Wall Street Journal reported late in Wednesday's
session.
Cushman & Wakefield PLC -- Unchanged: Cushman &
Wakefield, a real-estate services company that went public in
August, reported quarterly profits roughly in line with analyst
expectations, though it beat on sales.
DocuSign Inc. -- Down 1.9%: The electronic-signature technology
company gave full-year sales projections that were stronger than
analysts expected and topped targets in the most recent
quarter.
Tilray Inc. -- Down 7.1%: Shares of the Canadian marijuana
producer rose 17% Wednesday and have quadrupled since the company
went public in July.
Cloudera Inc. -- Up 13%: The software company said subscription
revenue increased more than Wall Street anticipated in the second
quarter and gave stronger-than-expected guidance for the current
period.
This is a version of the "Stocks to Watch" section of our
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here.
Write to Amrith Ramkumar at amrith.ramkumar@wsj.com
(END) Dow Jones Newswires
September 06, 2018 09:26 ET (13:26 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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