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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

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Macy's Inc, Sempra Energy, Comcast Corp, Walt Disney Co and more - PRE-MARKET

Macy's is expected to report quarterly earnings before the bell

Famous retailer Macy's Inc (NYSE:M) saw shares add 1.93% to US$ 27.98 in pre-market deals.

Wall Street expects the firm to report quarterly earnings at US$2.69 per share on revenue of $8.65 billion before the opening bell.

Elsewhere, Sempra Energy (NYSE:SRE) shares were unchanged at US$109.51 as it swung to fourth-quarter loss, after booking higher charges related to recent changes in US tax law.

The company reportedly booked a US$898 million expense in the quarter tied to the US tax overhaul.

Comcast Corp (NASDAQ:CMCSA) shares shed 2.98% to US$38.40 in pre-market deals as it unveiled a possible surprise £22.1bn (US$31bn) all-cash offer to buy the satellite broadcaster Sky plc (LON:SKY), challenging Rupert Murdoch's 21st Century Fox Inc’s (NASDAQ:FOX) takeover bid.

The proposed offer pits Comcast not only against Murdoch, but also against Walt Disney Co (NYSE:DIS), which has agreed to buy a string of assets from Fox once the deal is done, including Sky.

Walt Disney Co (NYSE:DIS) shares shed 0.74% to US$109.

AutoZone Inc (NYSE:AZO) shares added 0.69% after hours to US$741. it came as the group revealed a profit for its second quarter that was up from last year.

The bottom line advanced to US$236.28 million, or US$8.47 per share - up from US$227.44 million, or $7.75 per share, in last year's second quarter.

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