Here are the companies making headlines in midday trading Tuesday.
— The beer brewer's stock price gained nearly 3% in midday trading after reporting stronger-than-expected profit for the fourth quarter. The company reported quarterly earnings of $1.
30 per share, excluding items. That result beat analysts' earnings expectations of $1.07 per share, according to FactSet. The company posted revenue of $2.63 billion, compared to analysts' expectations of $2.64 billion.
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Stocks making the biggest premarket moves: Walmart, Home Depot, Vir Biotechnology and moreThese are the stocks posting the largest moves in the premarket.
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Home Depot sees home-improvement market declining if consumer demand keeps shifting to services from goodsHome Depot says if consumer demand keeps shifting to services from goods, the home-improvement market could fall in the low-single-digit percentage range.
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STOCK MARKET NEWS: President’s Day, Biden’s surprise Ukraine visit, Walmart, Home Depot earningsPresident Biden in Ukraine for surprise visit, stock and bond markets closed in observance of President’s Day, gold steady and Walmart, Home Depot earnings due on Tuesday. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
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Home Depot says it will spend $1 billion to give hourly workers a raiseHome Depot is the latest retailer to signal that the labor market is still tight.
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Home Depot dividend hike boosts yield above 2.6%Home Depot Inc. said Tuesday it will raise its quarterly dividend by 10.0%, to $2.09 a share from $1.90 a share. Shareholders of record on March 9 will be...
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Home Depot stock sinks after sales miss and downbeat outlook, offsetting profit beat and dividend hikeShares of Home Depot Inc. dropped 2.8% toward a three-month low in premarket trading Tuesday, after the home improvement retail giant reported fiscal...
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