Here’s a look at some of the companies the Yahoo Finance team will be watching for you.
Honda (HMC) tops our list. The Japanese car maker’s profit rose a whopping 71.8% for the year ending in March thanks to U.S. tax changes. Honda also beat on earnings for its fourth quarter. Despite a great year and quarter, Honda did forecast a sharp decline in operating profits for the current year due to a stronger yen and lower prices on vehicles.
Intel (INTC) shares getting a nice boost today. The tech giant beat big on Q1 earnings and raised its guidance for the coming year. It also noted strong performance from its data-centric businesses which now account for about half its revenue. Intel’s strong earnings news comes on the heels of similar reports from chip rivals AMD and Qualcomm.
Southwest Airlines (LUV) is dropping some major cash to modernize its fleet. The airline has ordered 40 Boeing (BA) 737 MAX jets worth nearly $4.7B. Ten jets are set to be delivered each year from 2019 to 2022. The airline is also moving up the shipment date of five Max 8s from next year to the end of this year.
DocuSign (DOCU) just rang in its IPO at the Nasdaq moments ago. The e-signature company raised over $600M Thursday night after pricing its shares at $29. That’s above the expected range of $26 to $28. The price gives DocuSign a valuation of $4.4B. It will trade under ticker DOCU.
