Finance

Stocks making the biggest moves midday: United Airlines, Travelers, Abbott Laboratories and more

Check out the companies making headlines in midday trading. United Airlines — Shares surged 14% after the airline posted a narrower-than-expected loss in the first quarter. Quarterly revenue came in at $12.54 billion, topping an LSEG estimate of $12.45 billion. Travelers Companies — The insurance stock fell 8% after a disappointing first-quarter report. Travelers said…

Finance

Stocks making the biggest premarket moves: Eli Lilly, Travelers, United Airlines, Alcoa and more

Check out the companies making the biggest moves in premarket trading: Eli Lilly , ResMed — Eli Lilly’s stock moved 2% higher following the pharmaceutical giant’s announcement that its weight loss drug Zepbound showed the potential to treat patients with obstructive sleep apnea. Shares of ResMed, which makes devices to treat the sleep-related breathing disorder,…

Finance

Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns

Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp. Their quarterly numbers begin hitting Wall Street this week. “I’m worried about a handful of them,” Bair told CNBC’s “Fast Money” on Tuesday. “I think some of them are still overly reliant on industry deposits,…

Finance

Stocks making the biggest moves midday: UnitedHealth, SolarEdge, Bank of America, Tesla and more

Check out the companies making headlines in midday trading. UnitedHealth — Shares climbed more than 6%, single-handedly pushing the Dow Jones Industrial Average higher on Tuesday. UnitedHealth posted better-than-expected first-quarter revenue and reaffirmed its full-year earnings forecast of $27.50 to $28 per share excluding items. Analysts polled by FactSet forecast $27.50. Johnson & Johnson —…

Finance

Morgan Stanley tops expectations on wealth management, trading and investment banking results

Morgan Stanley on Tuesday posted results that topped analysts’ estimates for profit and revenue as wealth management, trading and investment banking exceeded expectations. Here’s what the company reported: Earnings: $2.02 a share, vs. $1.66 expected, according to LSEG Revenue: $15.14 billion, vs. expected $14.41 billion The bank said first-quarter profit rose 14% from a year…

Finance

Stocks making the biggest moves premarket: Morgan Stanley, UnitedHealth, Live Nation and more

Check out the companies making headlines before the bell. UnitedHealth — Shares popped roughly 7% after the healthcare giant posted better-than-expected revenue in its first-quarter results on Tuesday, with growth of close to 9% from $91.9 billion in the same period last year. UnitedHealth reported adjusted earnings of $6.91 per share on revenue of $99.8 billion…