Stocks to Watch: Boeing, Navistar, Netflix, Heico, FedEx
December 17 2019 - 8:59AM
Dow Jones News
By James Willhite
Here are some of the companies with shares expected to trade
actively in Tuesday's session. Stock movements noted by ticker
reflect movements during regular trading hours; premarket trading
is specified separately.
Boeing Co. -- down 1.6% premarket: Boeing said it would suspend
production of its 737 MAX jetliner, marking an escalation of the
crisis facing the giant plane maker that will ripple through the
global aerospace industry.
Navistar International Corp. -- down 4.2% premarket: The truck
maker early Tuesday posted lower profit and revenue for the fourth
quarter.
Netflix Inc. -- down 0.4% premarket: The streaming giant
released new metrics revealing how fast it is expanding in specific
regions of the world, in an effort to persuade Wall Street to focus
more on its growth outside the U.S. market.
Heico Corp. -- up 2.4% premarket: The aerospace and electronics
company said profit jumped 27% in the fiscal fourth quarter on
higher sales.
FedEx Corp. -- down 1% premarket: Amazon.com Inc. is blocking
its third-party sellers from using FedEx's ground delivery network
for Prime shipments, citing a decline in performance heading into
the final stretch of the holiday shopping season. FedEx's latest
quarterly results are due after markets close.
Companies reporting earnings Tuesday include Cintas Corp. and
Steelcase Inc.
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
December 17, 2019 08:44 ET (13:44 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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