🔮 Better than the Oracle? Our Fair Value found this +42% bagger 5 months before Buffett bought itRead More

Stocks Moving After Hours: AK Steel, Corning, Whirlpool

Published 01/28/2019, 05:14 PM
Updated 01/28/2019, 05:59 PM
© Reuters.
GLW
-
AKS_old
-
WHR
-
IGT
-
PCG
-

Investing.com - Stocks moving in after-hours trading include:

- AK Steel (NYSE:AKS). The steelmaker's shares rose more than 6.6% after fourth-quarter non-GAAP earnings of 16 cents a share beat estimate by 5 cents. But revenue of $1.68 billion, while up 12% from a year ago, missed estimates by $20 million.

-- Corning (NYSE:GLW) shares were up 1.3% to $30.36 ahead earnings on Tuesday. The making of glass and specialty glass used by technologies is expected to earn 57 cents a share on revenue of $3 bllion.

- Whirlpool (NYSE:WHR) shares dropped nearly 7% after hours to $115.94. The company offered what analysts called soft guidance with its fourth-quarter earnings report. It sees earnings in 2019 at $14 to $15 a share. The Street has been looking for $14.20 to $14.80.

- Pacific Gas & Electric (NYSE:PCG) rose 1% after hours to $12.13. But investors and the company still see the utility filing for chapter 11 bankruptcy protection this week to cope with liabilities associated with damages and deaths from California wildfires last year. A consortium that includes Paul Singer's Elliott Management has proposed offering as much as $4 billion in financing to prevent a Chapter 11 filing. Another group, including Kenneth Griffin of hedge-fund Citadel, may also be interested.

- International Game Technology (NYSE:IGT) moved 1.5% higher to $16.26 as investor seemed more bullish about its earnings report due Tuesday. The company is seen reporting 34 cents a share in the quarter,

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.