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Check out the companies making headlines midday Monday: Boeing — Boeing shares fell more than 3% after the China Development Bank Financial Leasing Co. canceled the purchase of 29 Boeing 737 Max jets. Boeing has lost more than half of its value this year amid the coronavirus pandemic. United Airlines — Shares of United Airlines

Check out the companies making headlines in midday trading.  J.C. Penney — Shares of J.C. Penney tanked more than 28% after Reuters reported the retailer is exploring a bankruptcy filing. The coronavirus pandemic forced J.C. Penny to close stores and it disrupted its turnaround plans. Bank of America — The bank’s stock tumbled more than 6%

Check out the companies making headlines after the bell. American Airlines Boeing 787-8 Dreamliner aircraft. Nicolas Economou | NurPhoto | Getty Images Bed Bath & Beyond — The home goods retailer’s stock soared 12% in extended trading after the company posted a double beat on earnings and revenue in the fourth quarter. Bed Bath &

Reed Hastings, co-founder and CEO of Netflix attends the inauguration of Netflix new offices in Paris, France, January 17, 2020. Gonzalo Fuentes | Reuters Check out the companies making headlines midday on Thursday: Netflix — Shares of the streaming giant rose nearly 5% to an intraday all-time high of $449.52 per share on Thursday. The

People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease (COVID-19), at an Arkansas Workforce Center in Fayetteville, Arkansas, April 6, 2020. Nick Oxford | Reuters One out of every five workers in Michigan and Pennsylvania have applied for unemployment benefits, compared to just one out

A man wears a protective mask as he walks past the New York Stock Exchange on the corner of Wall and Broad streets during the coronavirus outbreak in New York City, New York, U.S., March 13, 2020. Lucas Jackson | Reuters Earnings from IBM, Netflix, Coca-Cola and dozens of others are expected in the week

Take a look at some of the biggest movers in the premarket: Procter & Gamble (PG) – The consumer products giant earned $1.17 per share for its latest quarter, beating consensus estimates by 4 cents a share. Revenue came in below analysts’ projections. Organic sales were up 6% during the quarter thanks in large part

An Uber Eats food delivery courier closes a bag with an order during a lockdown, imposed to prevent the spread of coronavirus disease (COVID-19), in central Kiev, Ukraine April 2, 2020. Valentyn Ogirenko | Reuters Check out the companies making headlines after the bell. Gilead Sciences — The pharmaceutical company’s stock surged 13% in extended trading

Take a look at some of the biggest movers in the premarket: Morgan Stanley (MS) – Morgan Stanley posted quarterly earnings of $1.01 per share, below the consensus estimate of $1.14 a share. Revenue also came in below estimates. CEO James Gorman said the company navigated the quarter well in the face of the Covid-19

Miguel Diaz, who works for the City of Hialeah, hands out unemployment applications to people in their vehicles in front of the John F. Kennedy Library on April 08, 2020 in Hialeah, Florida. Joe Raedle | Getty Images The number of workers filing for unemployment claims could again top 5 million for the week ended

A woman wearing face mask walks by a closed store at Times Square on April 12, 2020 in New York City. Liao Pan | China News Service | Getty Images The two economic reports showed the double whammy of state shutdowns in mid-March on two pillars of the economy — the consumer and business. Both

How soon and how widely the coronavirus stay-at-home orders can be lifted has huge implications for the economy and corporate earnings. Stocks were higher on optimism the number of new virus cases are leveling and a reopening of the economy is on the horizon. However, there’s fear that an early opening could result in a

Take a look at some of the biggest movers in the premarket: Johnson & Johnson (JNJ) – J&J reported quarterly profit of $2.30 per share, beating the consensus estimate of $2.00 a share. Revenue also beat forecasts. J&J did lower full-year guidance to account for the impact of the Covid-19 pandemic but also announced a

The Roku 3 television streaming player menu is shown on a television in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013. Patrick T. Fallon | Bloomberg via Getty Images Check out the companies making headlines after the bell. Roku Inc — The television streaming platform’s stock soared 9% in extended trading after the company estimated

Take a look at some of the biggest movers in the premarket: Caterpillar (CAT) – The heavy equipment maker’s stock was downgraded to “underperform” from “neutral” at Bank of America Securities, which points to a severe capital spending downturn in key Caterpillar markets. Dunkin’ Brands (DNKN) – Credit Suisse gave the restaurant chain’s stock a

People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease (COVID-19), at an Arkansas Workforce Center in Fort Smith, Arkansas, April 6, 2020. Nick Oxford | Reuters Another 5.25 million workers are expected to have filed unemployment claims last week, reflecting a larger swath of the

The Federal Reserve dramatically expanded its efforts to save the economy, even adding junk bonds to the list of assets it can buy, as a wave of businesses are expected to have trouble surviving the recession.  Stocks jumped, Treasury yields rose, and the dollar sagged after the Fed said it would would provide $2.3 trillion

People are seen wearing protective face masks outside a Chase Bank in New York, March 27, 2020. Noam Galai Major banks and health care companies will be the first to reveal how the early weeks of the coronavirus shutdowns impacted their profits, outlook, work force and customers. Earnings season begins in the week ahead, with

A man buys water, food and toilet paper at a store, as people begin to stockpile essentials over fear that supplies will be affected by the spread of the COVID-19, coronavirus, outbreak across the country, in Los Angeles on Feb. 29, 2020. Mark Ralston | AFP | Getty Images Consumer prices fell 0.4% in March,

People wearing masks and gloves wait to checkout at Walmart on April 03, 2020 in Uniondale, New York. Al Bello | Getty Images The economy is already in what will be a short, deep recession and even with a spike in unemployment, consumers are expected to continue to spend, according to a National Association for