The companies are making news before the bell rings.
The number of vehicles delivered by the company was down from the first quarter and below what analysts had predicted. Production was held back due to the Covid-19 shutdowns. The company fell in pre market trading.
Following news that Warren Buffet's company once again increased its stake in the energy producer, Occidental gained 1.3% in the pre market. More than 9 million more shares were bought by the company.
Exxon Mobil rose in premarket trading after it said that second-quarter earnings could be as high as $18 billion. Higher oil and natural gas prices are helping Exxon's results.
The casual shoe maker's stock was upgraded to "buy" from "hold" at Loop Capital.
According to a union workers report, the worldwide chip shortage could cut the automaker's Italy based production by about 220,000 vehicles this year. The first half of the year has seen a decrease in the number of vehicles produced by the company.
Hecla Mining agreed to acquire all of the Alexco Resource shares it didn't already own. Hecla and Alexco's joint venture will be terminated. Hecla was up 1% before the market opened.
The computer and printer maker's shares fell in premarket trading after Evercore cut the stock to "in line" from "outperform" Demand for personal computers has slowed.
If certain milestones are reached, the deal could be worth up to $1 million. There was a fall in the pre market.
All Rights Reserved © 2024
