Stock Movers

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Listen for five-minute conversations on today's biggest winners and losers in the stock market.  Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

  1. 2 HR AGO

    Netflix Sinks on Disappointing Guidance, Schwab Revenue Misses, PepsiCo Rises

    Today's biggest winners and losers in the stock market.On this episode of Stock Movers: - Netflix (NFLX) shares slid in postmarket trading on Thursday, after the streaming company forecast earnings per share for the second quarter that missed the average analyst estimate. Company Co-Founder and Chairman Reed Hastings separately announced plans to not stand for reelection to the board at their annual meeting in June.- Charles Schwab Corp (SCHW) reported first-quarter revenue that slightly missed estimates even as the brokerage continued to attract the wealth of retail investors amid geopolitical uncertainty. First-quarter net revenue of $6.48 billion fell short of analyst expectations of $6.51 billion. Net interest margin, a key measure of profitability for Schwab’s bank, came in at 2.88% for the first three months of the year, while analysts had forecast 2.94%. Schwab shares slipped in Thursday trading, and are down 3.5% this year.- PepsiCo (PEP) said it’s starting to see salty snack sales grow after the company cut prices earlier this year. The maker of Doritos and Lay’s said its strategy of slashing prices by up to 15% in some brands and reducing internal costs through layoffs and plant closures was starting to pay off. After years of declines, organic revenue in its North American foods division increased 1% and volume grew 2%, the company said in its first quarter earnings Thursday. Shares closed higher in Thursday trading. See omnystudio.com/listener for privacy information.

    7 min
  2. 4 HR AGO

    Closing Bell: Madison Air Jumps After Debut, PepsiCo Rises, Netflix Plummets After Earnings

    Today's biggest winners and losers in the stock market. On this episode of Stock Movers:  Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. - Madison Air (MAIR) shares rose 18% after the company raised $2.23 billion in the biggest US listing of an industrial firm in close to three decades. Shares of the provider of ventilation and filtration systems closed at $31.75 on Thursday, compared to the initial public offering price of $27 each. The company sold 82.7 million shares after marketing them for $25 to $27 apiece. The trading gives the Chicago-based company a market value of about $15.5 billion based on the number of outstanding shares listed in its filings. - PepsiCo (PEP) said it’s starting to see salty snack sales grow after the company cut prices earlier this year. The maker of Doritos and Lay’s said its strategy of slashing prices by up to 15% in some brands and reducing internal costs through layoffs and plant closures was starting to pay off. After years of declines, organic revenue in its North American foods division increased 1% and volume grew 2%, the company said in its first quarter earnings Thursday. Shares closed higher in trading on Thursday. - Netflix (NFLX) shares plummeted despite reporting revenue that beat analysts estimates in the first quarter, buoyed by strong subscriber growth. But, afterhours shares fell. Reed Hastings will step down from the board of Netflix Inc. when his term ends at the annual meeting in June, ending a 29-year-run at the streaming pioneer he co-founded. Hastings, who presently serves as Netflix’s chairman, plans to focus on philanthropy and other pursuits, the company said Thursday as it reported first-quarter results. See omnystudio.com/listener for privacy information.

    5 min

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Listen for five-minute conversations on today's biggest winners and losers in the stock market.  Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

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