An attendee wears a Genius VR headset on the Intel sales space throughout CES 2019 shopper electronics present, January 10, 2019 on the Las Vegas C
An attendee wears a Genius VR headset on the Intel sales space throughout CES 2019 shopper electronics present, January 10, 2019 on the Las Vegas Conference Heart in Las Vegas, Nevada.
Robyn Beck | AFP | Getty Pictures
Try the businesses making headlines in noon buying and selling.
Intel— Shares of Intel surged 8.1% after the semiconductor firm beat on the highest and backside traces of its third-quarter income and have steering above Wall Road’s forecast. The chipmaker reported earnings of $1.42 per share on income of $19.19 billion. Analysts forecast earnings of $1.24 on income of $18.05 billion, based on Refinitiv.
V.F. Corp— Shares of V.F. Corp tanked 7.3% after reporting dismal third-quarter earnings. The Vans dad or mum firm reported earnings per share of $1.26, under the forecast $1.31 per share, based on Refinitiv. Income got here in at $3.393 billion, decrease than the anticipated $3.420 billion.
Gilead Sciences— Shares of the drugmaker fell 4% after it reported lower-than-expected gross sales of its most cancers therapy Yescarta. Gilead’s earnings got here in 1 cent above estimates, with a quarterly revenue of $1.75 per share. The drugmaker’s income missed estimates barely at $5.60 billion, based on Refinitiv.
Alaska Air Group—The airline rose 4.1% after reporting robust third-quarter earnings. Alaska Air earned $2.63 per share on income of $2.39…