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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] Check out the companies making headlines before the bell:Biogen (BIIB) – Biogen soared 45.6% in premarket trading after Biogen and Japanese partner Eisai said their experimental Alzheimer's drug dramatically slowed the disease's progression in a study, reducing cognitive and functional decline by 27%.Thor Industries (THO) – Thor Industries gained
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[ad_1] Check out the companies making the biggest moves midday:Hertz — Shares of the rental car company jumped 1.9% after the company announced a partnership with BP's electric vehicle charging unit that will put thousands of charging stations at Hertz locations. Many of the stations will be used to charge
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[ad_1] An exterior view shows Encore Las Vegas (L) and Wynn Las Vegas as the coronavirus continues to spread across the United States on March 15, 2020 in Las Vegas, Nevada.Ethan Miller | Getty ImagesCheck out the companies making headlines in midday trading.Las Vegas Sands, Wynn Resorts — Shares of
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[ad_1] Visitors walk past a Boeing board during the Farnborough Airshow, in Farnborough, on July 18, 2022.Justin Tallis | AFP | Getty ImagesCheck out the companies making headlines in midday trading.Boeing — The aerospace company was down 6% after it reached a $200 million settlement on charges of misleading investors
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[ad_1] Check out the companies making headlines before the bell:FedEx (FDX) – FedEx remains on watch this morning after announcing a 6.9% increase in shipping rates and plans to cut another $4 billion in annual costs. FedEx fell 3.2% in the premarket.Costco (COST) – Costco lost 3.3% in the premarket
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[ad_1] Customers carry their items after shopping at Costco in Washington D.C., May 5, 2021.Ting Shen | Xinhua News Agency | Getty ImagesHere are the stocks making notable moves in extended trading:Costco — The wholesale membership club retailer was down about 2.8% after hours Thursday before reporting fiscal fourth quarter
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[ad_1] Check out the companies making headlines before the bell:Accenture (ACN) – The consulting firm reported a better-than-expected quarterly profit and revenue, but gave a weaker-than-expected revenue forecast for the current quarter. Accenture pointed to IT spending cuts by corporate customers and a negative impact from the stronger dollar. Nonetheless,
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[ad_1] Residential single family homes construction by KB Home Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021.Mike Blake | ReutersCheck out the companies making headlines after hours.KB Home — Shares dipped 2.1% in extended trading
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