Among the companies with shares expected to trade actively in Tuesday's session are Philip Morris International Inc. (PM), Johnson & Johnson (JNJ) and Harley-Davidson Inc. (HOG).

 

Philip Morris International Inc. boosted its profit forecast for the year as it sees currency headwinds waning, as the cigarette giant Tuesday reported weaker-than-expected first-quarter results. Shares were down 2.09% to $98.50 in premarket trading.

 

Johnson & Johnson raised its guidance for the year as the health-care giant beat earnings expectations in the first quarter despite foreign exchange rates dragging revenue growth. Shares were up 0.29% to $111.25 premarket.

 

Harley-Davidson Inc. said profit fell less than expected in the first quarter, buoyed by higher motorcycle sales that the company attributed to newer products and a ramped-up marketing campaign. Shares were up 2.77% to $48.25 premarket.

 

Goldman Sachs Group Inc. (GS) said its quarterly earnings tumbled as rocky markets weighed on many of the firm's main businesses. Shares fell 1.03% to $157.38 premarket.

 

UnitedHealth Group Inc. (UNH) on Tuesday raised its guidance for the year as the biggest U.S. health insurer revised its estimates on income taxes and amortization and reported better-than-expected earnings in the first quarter. Shares rose 1.64% to $129.90 premarket.

 

TD Ameritrade Holding Corp. (AMTD) said Tuesday that its second-quarter profit climbed 8.5%, in line with Wall Street's estimates, as revenue at the brokerage rose amid increased client trading activity. Shares fell 0.16% to $31.60 premarket.

 

Rambus Inc. (RMBS) reported lower revenue and profit in the first quarter and projects revenue below Wall Street estimates for the current period. Rambus expects second-quarter revenue of $72 million to $77 million, while analysts polled by Thomson Reuters expect $79 million.

 

Nordstrom Inc. (JWN), which faces headwinds as it competes online with retailers such as Amazon.com, said Monday that it would cut 350 to 400 jobs in an effort to "ensure it is best positioned to respond to the current business environment." The job cuts would represent less than 1% of the company's 72,500 employees and would mostly be focused at Nordstrom's corporate center and regional support teams.

 

Celanese Corp. (CE) said Monday that it posted better-than-expected adjusted profit during its first quarter, in part due to a 4.2% rise in sales from its total materials solutions business. Though total revenue for the quarter declined, the top line exceeded the expectations of Wall Street.

 

Allegheny Technologies Inc. (ATI) said its plans to reduce the salaried work force in its flat rolled products business by a third, or more than 250 positions, by the end of the current quarter.

 

Write to Chris Wack at chris.wack@wsj.com or Ezequiel Minaya at Ezequiel.Minaya@wsj.com

 

(END) Dow Jones Newswires

April 19, 2016 09:22 ET (13:22 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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