A quietish week is perhaps in store due to Thanksgiving but before the bell, a company piquing interest is Chinese e-commerce giant JD.com Inc (NASDAQ:JD).
Its shares are down around 5% before the bell New York with deals at $21.85 despite it revealing that its third-quarter profit had tripled, boosted by investment gains.
The company said net income had climbed to 3 billion yuan ($400 million), which beat analysts' expectations. Consensus had been for profit to come in at 1.1 billion yuan.
Revenue had come in at $15.3 billion - 25% up from the same period a year ago - but below analysts' forecasts. The company also forecast fourth-quarter sales growth of between 18 and 23%, which was slightly below the average analysts' estimate of 23.5%.
JD.com has struggled this year amid slowing growth in China's consumer economy. Its chief executive was also arrested earlier this year on suspicion of an alleged sexual assault in the U.S.
Richard Liu has denied any wrongdoing.
Also in play, Spectrum Brands Holdings Inc (NYSE:SPB) was down nearly 6% in pre-market at $55.80 as it posted fourth-quarter earnings and sales, which fell short of analysts' expectations and issued a downbeat 2019 outlook.
The consumer goods brands include Black and Decker, Pfister and George Foreman.
Adjusted earnings per share (EPS) came in at $0.79, which was well below consensus of $1.08. Revenue for the three months came in at $787.8 million, missing consensus of $801 million.
In other news, it's been a torrid time for utility PG&E Corp (NYSE:PCG), whose shares lost 3.9% in pre-market on Monday, having risen over 38% on Friday after losing 50% last week amid the California wildfire controversy.
Today, it was back in the news again as the firm reported another power-line outage that it experienced on the morning of November 8 when the blaze began.
The utility has said it could face liability that exceeds its insurance coverage if its equipment were found to have caused the Camp Fire.
The cause of the blaze, which was reportedly said to be 60% contained on Sunday, is still under investigation.
PG&E Corp reported a second power outage on the morning of Nov 8, the day the deadly Camp Fire started in No Cali. The news came in a report filed with the Cal PU Commi. The company said it is cooperating with any investigations w/ officials currently probing the fire.
— BREAKIN NEWZ (@breakinnewz1) 19 November 2018