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Home Depot, Foot Locker and Deere Rise Premarket

imageStock Markets57 minutes ago (May 21, 2021 07:57AM ET)

(C) Reuters.

By Peter Nurse

Investing.com — Stocks in focus in premarket trade on Friday, May 21st. Please refresh for updates.

  • Home Depot (NYSE:HD) stock rose 0.8% after the hardware retailer announced a new $20 billion share repurchase program as well as declaring a first-quarter cash dividend of $1.65 per share.

  • Ford (NYSE:F) stock rose 1.8%, continuing Thursday’s gains after the auto giant announced it had 20,000 reservations for its new electric F-150 pickup.

  • Tesla (NASDAQ:TSLA) stock rose 1.9%, helped by gains in the price of Bitcoin, and after the electric car manufacturer increased the price of its Model 3 and Model cars, suggesting healthy demand.

  • Ross Stores (NASDAQ:ROST) stock rose 1.8% after the retailer reported better-than-expected fiscal first-quarter earnings, announced a quarterly dividend as well as a new $1.5 billion stock repurchase program through fiscal year 2022.

  • Foot Locker (NYSE:FL) stock rose 1.5% after the sportswear retailer reported its comparable-store sales soared over 80% in the first quarter

  • Deere (NYSE:DE) stock rose 1.6% after the farm equipment manufacturer raised its full-year profit forecast, boosted by surging agriculture markets.

  • Deckers Outdoor (NYSE:DECK) stock rose 6.7% after the footwear maker, which counts UGG and Teva among its brand names, reported better-than-expected fiscal fourth quarter revenue and earnings.

  • Buckle (NYSE:BKE) stock rose 7.8% after the accessories retailer reported better-than-expected profit and revenue for its latest quarter.

  • Palo Alto Networks (NYSE:PANW) stock rose 5.7% after the security hardware and software company announced strong second-quarter earnings amid worries about cybersecurity.

  • Applied Materials (NASDAQ:AMAT) stock rose 1% as the company that supplies equipment, services and software for the manufacture of semiconductor chips reported record quarterly sales as the global chip shortage boosted its equipment business.

  • AT&T (NYSE:T) stock rose 1.5% after UBS upgraded its investment stance on the telecom giant to ‘buy’ from ‘neutral’, saying a streamlined company, after it spins off WarnerMedia, has a clearer path to cash flow growth.

Home Depot, Foot Locker and Deere Rise Premarket

Delta Air names GE exec Janki as CFO

Delta Air names GE exec Janki as CFO
By Reuters – May 21, 2021

(Reuters) -Delta Air Lines on Friday named Dan Janki, the head of General Electric (NYSE:GE) Co’s power unit, as its chief financial officer.
Janki, who has served in a variety…

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