Market Insider

Construction machinery of the US producer Caterpillar can be seen at the BLG Logistics Group Car Terminal, ready for shipping in Bremerhaven, Germany, 12 June 2017. Photo: Ingo Wagner/dpa (Photo by Ingo Wagner/picture alliance via Getty Images) Ingo Wagner | picture alliance | Getty Images Check out the companies making headlines in midday trading: Caterpillar,
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Federal Reserve Chair Jerome Powell holds a news conference following the Federal Reserve’s two-day Federal Open Market Committee Meeting in Washington, July 31, 2019. Sarah Silbiger | Reuters The Federal Reserve is expected to cut interest rates by a quarter point on Wednesday, but what it says about its future plans will determine whether stocks
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Check out the companies making headlines before the bell: Oracle — Co-Chief Executive Officer Mark Hurd will be taking a health-related leave of absence, with his responsibilities covered by Co-Chief Executive Officer Safra Catz and Oracle founder Larry Ellison. The business software giant also released its quarterly earnings, with adjusted profit of 81 cents per
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Check out the companies making headlines before the bell: RH – RH reported adjusted quarterly profit of $3.20 per share, well above the consensus estimate of $2.70 a share. The company formerly known as Restoration Hardware also saw revenue beat estimates, with the home furnishings retailer also raising earnings guidance for the third time this
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Check out the companies making headlines before the bell: Wells Fargo – UBS cut its rating on Wells Fargo to “neutral” from “buy,” saying the bank still lacks visibility on profitability improvement. UBS cut its earnings estimates for Wells Fargo on prospects for lower net interest income. HD Supply – The industrial distributor matched estimates
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Check out the companies making headlines before the bell: Lululemon – Lululemon reported quarterly profit of 96 cents per share, 7 cents a share above estimates. Revenue also beat forecasts. The apparel maker’s comparable-store sales jumped 15%. Lululemon also raised its full-year guidance. Results were boosted by strength in online sales and in the menswear
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Check out the companies making headlines before the bell: Ciena – The networking equipment maker reported adjusted quarterly earnings of 71 cents per share, 13 cents a share above estimates. Revenue also beat Wall Street predictions, and Ciena said it is on track for substantial revenue growth and increased profitability. Lands’ End – The apparel
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DocuSign CEO Daniel Springer. Source: DocuSign Check out the companies making headlines after the bell: Shares of DocuSign surged as much as 22% after the company reported better-than-expected second-quarter revenue and issued strong third-quarter and full-year revenue guidance. That news outweighed DocuSign’s second quarter earnings per share, which fell 3 cents short of Refinitiv consensus
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