Take a look at the businesses making headlines earlier than the bell:General Mills (GIS) – The meals producer reported quarterly earnings of 95 cen
Take a look at the businesses making headlines earlier than the bell:
General Mills (GIS) – The meals producer reported quarterly earnings of 95 cents per share, 7 cents a share above estimates. Income was basically consistent with expectations. Basic Mills bought a lift from a 16% enhance in pet meals gross sales at its Blue Buffalo unit, serving to to offset weaker gross sales of snack bars and yogurt.
FedEx (FDX) – FedEx reported quarterly earnings of $2.51 per share, lacking the consensus estimate of $2.76 a share. Income for the supply firm additionally got here in under forecasts. FedEx minimize its fiscal 2020 revenue forecast on greater prices and the tip of its supply relationship with Amazon.com (AMZN), amongst different elements.
Fiat Chrysler (FCAU) – Fiat Chrysler and Peugeot mother or father PSA Groupe reached a binding agreement on their deliberate $50 billion merger, following conferences by the boards of each corporations Tuesday. Preliminary plans had been introduced in late October.
PG&E (PCG) – The utility’s $13.5 billion settlement with wildfire victims won approval from a U.S. bankruptcy judge, following a six-hour listening to. An $11 billion settlement with insurance coverage corporations additionally received the choose’s approval.
Palo Alto Networks (PANW) – A former Palo Alto IT administrator and 4 mates were charged with insider trading, accused of profiting by entry to earnings data…