With US stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
- Credit Suisse has agreed to pay $495 million to settle a case brought against it in the United States, stocks rose nearly 2% in premarket trading.
- Activist investor Starboard Value LP has a nearly 5% stake in Splunk Inc and plans to push the software maker to take steps that would boost its share price. Stocks jumped over 5% in premarket trading.
- Wall Street expects Bank of America Corporation to report quarterly earnings at $0.77 per share on revenue of $23.60 billion before the opening bell.
- Analysts are expecting the Charles Schwab Corporation to have earned $1.05 per share on revenue of $5.41 billion for the latest quarter. The company will release earnings before the markets open.
- electroCore, Inc. issued unaudited financial guidance for the third quarter. The company said it sees Q3 revenue of $1.97 million, representing a 33% growth over the year-ago quarter.
- After the closing bell, Marten Transport, Ltd. is projected to post quarterly earnings at $0.33 per share on revenue of $321.41 million.
- Analysts expect the Bank of New York Mellon Corporation to post quarterly earnings at $1.10 per share on revenue of $4.20 billion before the opening bell. Bank of New York Mellon shares fell 2% to close at $38.41 on Friday.
