{"id":6816,"date":"2024-10-28T08:06:56","date_gmt":"2024-10-28T08:06:56","guid":{"rendered":"https:\/\/finderica.com\/mcd-save-ba-t-and-more\/"},"modified":"2024-10-28T08:06:56","modified_gmt":"2024-10-28T08:06:56","slug":"mcd-save-ba-t-and-more","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=6816","title":{"rendered":"MCD, SAVE, BA, T and more"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines in midday trading: McDonald&#8217;s \u2014 The fast-food stock pulled back more than 5% after the U.S. Centers for Disease Control and Prevention said an E. coli outbreak was tied to the chain&#8217;s Quarter Pounder burgers . The outbreak led to 10 hospitalizations and one death, the CDC said. Walmart \u2014 The retail stock advanced almost 1% to reach a fresh all-time high on Wednesday, breaking with the broader market&#8217;s trend lower. Shares of Walmart have outpaced the S &amp; P 500 in 2024, up 57% compared to the index&#8217;s nearly 22% jump. Boeing \u2014 The troubled aerospace stock slipped nearly 3% after reporting its largest quarterly loss since 2020 . Boeing reported a loss of more than $6 billion in the third quarter, and it lost more than $4 billion in its commercial airplane sector alone. Qualcomm , Arm Holdings \u2014 Qualcomm declined nearly 3% after Bloomberg reported that British chip designer Arm planned to cancel its license agreement with the company. Shares of Arm were 6% lower. Stride \u2014 The stock soared more than 33%. The educational tech company posted fiscal first-quarter net income of $40.9 million and revenue of $551.1 million. In the year-earlier period, the company reported net income of $4.9 million and revenue of $480.2 million. Hilton Worldwide Holdings \u2014 The hotel giant lost 2.7% after reporting third-quarter revenue of $2.87 billion, under the $2.91 billion figure expected from analysts polled by LSEG. On the other hand, Hilton posted adjusted earnings of $1.92 per share, which was 7 cents above the consensus forecast. But the company also issued weak guidance for current-quarter adjusted earnings. Spirit Airlines \u2014 Shares surged 35% after The Wall Street Journal , citing people familiar, reported Frontier Airlines is seeking to renew a bid for Spirit Airlines. Enphase Energy \u2014 The green energy stock tumbled 13% after a weaker-than-expected earnings report. Enphase said it had 65 cents in adjusted earnings per share on $380.9 million of revenue. Analysts surveyed by LSEG had penciled in 77 cents per share and $392 million of revenue. Enphase&#8217;s fourth-quarter revenue guidance was also below expectations. AT &amp; T \u2014 Shares advanced 4% after third-quarter earnings surpassed analysts&#8217; estimates. AT &amp; T reported adjusted earnings of 60 cents per share, while analysts polled by LSEG were looking for 57 cents. Revenue missed Wall Street&#8217;s forecast. Texas Instruments \u2014 The semiconductor company gained more than 3% after beating analysts&#8217; estimates on the top and bottom lines in the third quarter. Texas Instruments reported $1.47 per share and revenue of $4.15 billion, while analysts surveyed by LSEG forecast $1.38 per share and $4.12 billion in revenue. Coca-Cola \u2014 Shares fell 2% after the company said it expects currency headwinds to hurt its results next year . Still, Coca-Cola beat analysts&#8217; estimates on the top and bottom lines for the third quarter. Seagate Technology \u2014 Shares were about 8% lower in midday trading. The data storage company issued revenue guidance for the fiscal second quarter that was about in line with the Street&#8217;s expectations. Expected earnings in the current quarter of $1.85 per share surpassed the estimated $1.72 per share from analysts polled by LSEG. Winnebago Industries \u2014 The recreational vehicle stock tumbled nearly 9%. Fiscal fourth-quarter adjusted earnings of 28 cents per share missed the 89 cents per share forecast by analysts polled by FactSet. \u2014 CNBC&#8217;s Sarah Min, Lisa Han, Alex Harring, Sean Conlon and Jesse Pound contributed reporting.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/10\/23\/stocks-making-the-biggest-moves-midday-mcd-save-ba-t-and-more.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines in midday trading: McDonald&#8217;s \u2014 The fast-food stock pulled back more than 5% after the U.S. Centers for Disease Control and Prevention said an E. coli outbreak was tied to the chain&#8217;s Quarter Pounder burgers . The outbreak led to 10 hospitalizations and one death, the CDC said. Walmart<\/p>\n","protected":false},"author":1,"featured_media":6817,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[1572,103],"class_list":{"0":"post-6816","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-mcd","9":"tag-save"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/6816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6816"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/6816\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/6817"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}