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[ad_1] An employee arranges Apple iPhones as customer shop at an Apple store.Mike Segar | ReutersCheck out the companies making headlines in midday trading.Apple — The big technology stock shed 5% following a rare downgrade by Bank of America. The bank downgraded shares of the iPhone maker to neutral and
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[ad_1] Check out the companies making headlines before the bell:Apple (AAPL) – Apple lost 2.2% in the premarket after BofA Securities downgraded it to neutral from buy. BofA said Apple has held up relatively well in a down market, but it expects a negative impact on the company from weakening
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[ad_1] Take a look at some of the biggest movers in the premarket:Signify Health (SGFY) – Signify Health surged 37.5% in premarket trading as a potential bidding war escalates for the home health services provider. Amazon.com (AMZN) and UnitedHealth (UNH) are now said to be among the bidders, according to
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[ad_1] Warren Buffett at press conference during the Berkshire Hathaway Shareholders Meeting, April 30, 2022.CNBCWarren Buffett's Berkshire Hathaway on Friday received regulatory approval to purchase up to 50% of oil giant Occidental Petroleum.Shares of Occidental jumped 10% on the news, pushing its 2022 gains to more than 140%.On July 11,
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[ad_1] Take a look at some of the biggest movers in the premarket:Novavax (NVAX) – The drugmaker's stock plummeted 32.3% in the premarket after posting an unexpected quarterly loss and cutting its full-year revenue guidance in half. Novavax said it did not expect any further U.S. sales of its Covid-19
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[ad_1] An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S. April 30, 2022.Scott Morgan | ReutersBerkshire Hathaway's operating profits jumped in the second quarter despite fears of slowing
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[ad_1] Warren Buffett and Charlie Munger press conference at the Berkshire Hathaway Annual Shareholders Meeting, April 30, 2022.CNBCBerkshire Hathaway's Class A shares are among the market's most expensive stocks priced above $400,000 apiece and therefore it was often one of the least traded well-known companies. So a surge in volume
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[ad_1] Check out the companies making headlines before the bell:Levi Strauss (LEVI) – Levi Strauss rallied 3.9% in the premarket after reporting better-than-expected sales and profit for its latest quarter, helped by higher prices and strong demand for its denim offerings. Levi Strauss also raised its quarterly dividend by 20%.GameStop
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[ad_1] Check out the companies making headlines before the bell:Tesla (TSLA) – Tesla delivered 254,695 vehicles during the second quarter, down 17.9% from the first quarter and below what analysts had predicted. China's Covid-19 shutdowns were a key factor in holding back production. Tesla fell 1% in premarket trading.Occidental Petroleum
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[ad_1] Take a look at some of the biggest movers in the premarket:Nike (NKE) – Nike fell 2.4% in premarket trading despite reporting better-than-expected quarterly profit and revenue. The athletic apparel and footwear maker forecast current-quarter revenue below analysts' estimates amid increased promotional activity and ongoing disruptions in its profitable
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