Which Stocks are Hot on Wall Street January 20th?
Dillard’s (NYSE:DDS): Shares are up over 15% to $43.49 today after announcing plans to form a real estate investment trust (REIT) subsidiary for all the real estate it owns. Analysts see this as a positive way to unlock more value for the retailer.
eBay (NASDAQ:EBAY): The stock is up over 5% to $30.47 per share today after the company reported better-than-expected fourth quarter earnings. Paypal revenue was up 22% for the quarter.
Johnson Controls (NYSE:JCI): Shares are down over 2% to $39.16 per share on profit taking after the company announced record sales and an improved outlook going forward.
United Health (NYSE:UNH): The stock is down over 1.5% to $39.95 per share following the release of its quarterly report. Profit and Revenues increased 10%, but it just was not enough to please the valuation of the stock prior to the report.
Southwest Airlines (NYSE:LUV): Shares are up over 1% to $13 per share after beating analyst quarterly estimates on profit and revenue. Profit increased 13% and revenue increased 15% year-over-year.
Morgan Stanley (NYSE:MS): The stock is up 4% to $28.84 per share as earnings rose 40% and revenues increased 14%. The company expressed a rise in confidence for the economic recovery from its customers.
Google Inc. (NASDAQ:GOOG): Shares are trading down slightly less than 1% at $626.10 per share ahead of today’s earnings release after the bell.
Union Pacific (NYSE:UNP): Shares are down over 2.5% to $94.82 today. Most investors seem to be taking profits on the good news. The company’s revenues increased 17% while profits were up 41%.
Wendy’s Arby’s Group (NYSE:WEN): Shares of the fast food group are up almost 9% to $4.87 per share after news of Wendy’s putting Arby’s up for sale.
F5 Networks (NASDAQ:FFIV): Shares are down over 22% to $108.03 after a huge earnings report disappointment. Analysts see lower revenue growth as a major concern for the company, striking a cord of fear with investors today.
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