Some of the names on the move ahead of the open.
div > div.group > p:first-child"> General Mills — The food company reported adjusted quarterly profit of 83 cents per share, beating the consensus estimate of 69 cents a share. Revenue was slightly above forecasts and General Mills issued an improved full-year outlook.
Boeing — Analysts at Berenberg are calling Boeing a"tough sell" as they see the 737 Max model that had two deadly crashes as"too big to fail" for the company and the industry. Johnson & Johnson, Sientra — The two companies received Food and Drug Administration warning letters saying the companies had not complied with post-approval study requirements for their breast implant products. The FDA said failure to correct the violations could result in withdrawal of approval.
Sony — Jefferies downgraded the stock to"hold" from"buy," two months after removing Sony's designation as a"top pick." Jefferies expresses concerns about a peak in game profits and Sony's inability to exit the smartphone business.
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