Deere plows past estimates; HP disappoints, HPE not as much; Costco E.coli outbreak
Here are some of the stocks the Yahoo Finance team will be watching for you today.
Deere (DE) handed in better than expected earnings and revenue for its fiscal fourth quarter as weak global demand for farm equipment was offset by cost cuts.
HP (HPQ), which started trading as two separate companies at the beginning of November, is posting its final quarterly report as a combined company. Hewlett-Packard posted a miss on both its top and bottom lines for its fiscal fourth quarter. From the two former HP companies, the guidance for Hewlett Packard Enterprise (HPE) was a lot more encouraging.
TiVo (TIVO) posted earnings that missed analysts' estimates for the third quarter, as higher costs weighed on profits but revenue topped forecasts. Sales rose nearly 17% percent from a year earlier thanks to record subscriber growth and distribution agreements.
Get the Latest Market Data and News with the Yahoo Finance App
Costco (COST) is on investors’ radar in early trading. An E. coli outbreak linked to the wholesale retailer's rotisserie chicken salad has infected 19 people in seven states, according to the Centers for Disease Control and Prevention. The states include California, Colorado, Missouri, Montana, Utah, Virginia, and Washington. Costco stopped selling the chicken salad after it was notified of the outbreak last week. The news comes as Chipotle (CMG) struggles to contain a separate E.coli outbreak.
Wal-Mart (WMT) is being investigated by the U.S. Justice Department for potential bribery in its operations in Brazil according to The Wall Street Journal.