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Stocks making the biggest moves premarket: DAL, DST, KBH, WM, MAR, F, CVX & more


Added 01-11-18 08:02:02am EST - “Some of the names on the move ahead of the open.” - Cnbc.com

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Posted By TheNewsCommenter: From Cnbc.com: “Stocks making the biggest moves premarket: DAL, DST, KBH, WM, MAR, F, CVX & more”. Below is an excerpt from the article.

Delta Air Lines – The airline reported adjusted quarterly profit of 96 cents per share, 8 cents above estimates, while revenue also beat forecasts. Delta also raised its 2018 earnings guidance to $6.35-$6.70 compared to consensus of $5.94, largely due to the effects of tax reform.

DST Systems – The software and services provider agreed to be bought by financial software maker SS&C Technologies for $84 per share, or $5.4 billion including assumed debt. DST shares had jumped Wednesday on report that such a deal was near.

KB Home – The homebuilder reported quarterly profit of 84 cents per share, 7 cents above estimates. Revenue also beat forecasts on stronger than expected orders.

Waste Management – Waste Management is the latest company to announce bonuses for employees as a result of tax reform. The company will give $2,000 bonuses to all North American employees not already on a bonus or sales-incentive plan.

Marriott International – The hotel operator issued an apology for a questionnaire issued in China that listed Tibet and Taiwan – both Chinese-claimed regions – as separate countries.

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