Here are the companies Yahoo Finance is watching today.
A big quarter at United Health (UNH). The insurance company beat on earnings and revenue thanks in part to double-digit revenue growth in its Medicare and Optum plans. United-Health is now also raising its profit outlook for the rest of the year.
A mixed picture over at Honeywell (HON) where the industrial giant beat on earnings, but revenue came in just shy of expectations. Aerospace sales were a bright spot along with its sales of building technology. Honeywell is now raising the low end of its guidance for the rest of the year.
Some changes at the top at Wayfair (W). The COO and chief technology officer are both retiring later this year but will stay on through October to help with the transition. The head of European operations will be moving to the U.S. to to take on the COO job, and it’s launching a search for a new permanent technology chief.
AT&T (T) has cut a new cloud deal with Microsoft (MSFT). On Wednesday, Microsoft announced that AT&T will shift all its employees to the Microsoft 365 package and move its applications to Microsoft’s Azure Cloud. This multi-year deal is reportedly worth more than $2 billion.
If you’ve been on the prowl for an Impossible Burger, your hunt is finally coming to an end. The plant-based protein company, Impossible Foods, is claiming its shortage of products is over. In a letter to distributors, the company said the plant-based burger is now “fully stocked” within the ordering systems of its over 400 U.S. distributors.