<link rel='stylesheet' href='https//fonts.googleapis.com/css?family=Roboto:400,500,700,400italic|Material+Icons'>
< Back to all Breaking News
AAPL, CAT, BIIB...
1/28/2022 16:01pm
Wall Street in Fives - Must Read Lists for Friday

Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly.

1. STOCK NEWS:

  • Apple (AAPL) reported upbeat quarterly results as its install base grows to 1.8B active devices [more]
  • Caterpillar (CAT) reported better-than-expected Q4 results and provided upbeat Q1 guidance [more]
  • Biogen (BIIB) agreed to sell its stake in Bioepis to Samsung Biologics (SSNLF) for $2.3B [more]
  • Home Depot (HD) named Ted Decker its next CEO and president [more]
  • Eli Lilly (LLY) plans to invest $1B in a new manufacturing facility in North Carolina [more]

2. WALL STREET CALLS:

  • Apple (AAPL) upgraded to Neutral from Sell at New Street [more]
  • Teradyne (TER) downgraded to Hold at Deutsche Bank and Stifel [more]
  • Affirm (AFRM) upgraded to Buy from Neutral at DA Davidson [more]
  • LabCorp (LH) and Quest Diagnostics (DGX) downgraded to Hold at Deutsche Bank on margin concerns [more]
  • VF Corp. (VFC) downgraded to Neutral from Overweight at JPMorgan [more]

3. AROUND THE WEB:

  • Ecovyst (ECVT) is working with bankers to explore a sale, Dealreporter says [more]
  • 3M (MMM) will appeal a $110M ruling in a U.S. military earplug trial, Reuters reports [more]
  • Mondelez (MDLZ) is considering more price increases for snacks, WSJ reports [more]
  • Google (GOOGL) to invest up to $1B in Bharti Airtel, Bloomberg reports [more]
  • UniCredit (UNCRY) pulled out of a potential bid for Otkritie, FT says [more]

4. MOVERS:

  • Insulet (PODD) jumps after announcing FDA clearance of Omnipod 5 for ages six and older [more]
  • Fair Isaac (FICO) rises after reporting quarterly results and announcing a $500M share repurchase program [more]
  • U.S. Steel (X) and Atlassian (TEAM) higher after reporting quarterly results [more]
  • Kroger (KR) falls after Citi analyst Paul Lejuez downgraded the stock to Sell [more]
  • Booz Allen (BAH) and Western Alliance (WAL) lower after reporting quarterly results [more]

5. EARNINGS/GUIDANCE:

  • Chevron (CVX) reported downbeat Q4 earnings [more]
  • Robinhood (HOOD) reported lower-than-expected Q4 earnings [more]
  • Visa (V) reported upbeat Q1 earnings and revenue [more]
  • Robert Half (RHI) reported better-than-expected Q4 results [more]
  • Colgate-Palmolive (CL) provided FY22 revenue growth guidance [more]

INDEXES:

The Dow rose 564.69, or 1.65%, to 34,725.47, the Nasdaq gained 417.79, or 3.13%, to 13,770.57, and the S&P 500 advanced 105.34, or 2.43%, to 4,431.85.

dynamic_feed Breaking News