Check out the companies making headlines in midday trading. Spirit AeroSystems — Shares climbed more than 12% following a report that Boeing was in talks with Spirit to reacquire the fuselage supplier nearly 20 years after spinning it off into a separate company. Hewlett Packard Enterprise — The technology stock rose almost 2% after fiscal first-quarter earnings of 3 cents per share topped analysts’ expectations, according to LSEG, formerly known as Refinitiv. But Hewlett Packard posted $6.76 billion in revenue, under the Wall Street forecast of $7.11 billion, and gave weak guidance for the current quarter. Daimler Truck — Shares of the commercial vehicle manufacturer soared more than 18% after reporting a record-high, full-year profit, and authorized a 2 billion euro, or $2.16 billion, share buyback. New York Community Bancorp — Shares plunged nearly 24% after the Long Island-based lender disclosed concerns over ” internal controls ” after the market closed Thursday and announced a new CEO. Root — The insurance stock rallied nearly 18% and hit a 52-week high after getting an upgrade to buy from neutral at Jefferies. The investment bank said it believes there is a material growth opportunity for Root, and boosted its price target to $40 from $30, implying about 25% upside. Zscaler — The cybersecurity stock sank more than 8% despite topping Wall Street’s earnings expectations for the quarter. Billings c …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in midday trading. Spirit AeroSystems — Shares climbed more than 12% following a report that Boeing was in talks with Spirit to reacquire the fuselage supplier nearly 20 years after spinning it off into a separate company. Hewlett Packard Enterprise — The technology stock rose almost 2% after fiscal first-quarter earnings of 3 cents per share topped analysts’ expectations, according to LSEG, formerly known as Refinitiv. But Hewlett Packard posted $6.76 billion in revenue, under the Wall Street forecast of $7.11 billion, and gave weak guidance for the current quarter. Daimler Truck — Shares of the commercial vehicle manufacturer soared more than 18% after reporting a record-high, full-year profit, and authorized a 2 billion euro, or $2.16 billion, share buyback. New York Community Bancorp — Shares plunged nearly 24% after the Long Island-based lender disclosed concerns over ” internal controls ” after the market closed Thursday and announced a new CEO. Root — The insurance stock rallied nearly 18% and hit a 52-week high after getting an upgrade to buy from neutral at Jefferies. The investment bank said it believes there is a material growth opportunity for Root, and boosted its price target to $40 from $30, implying about 25% upside. Zscaler — The cybersecurity stock sank more than 8% despite topping Wall Street’s earnings expectations for the quarter. Billings c …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
