Daily Trade News

Netflix, United Airlines, KeyCorp, Ford: What to Watch When the


U.S. stock futures edged higher, putting indexes on course to pare some of their recent losses. Here’s what we’re watching in Thursday’s trading:

  • United Airlines

    shares fell 1% premarket after the airline said the Omicron variant had dented near-term bookings and would slow its recovery.

  • American Airlines

    reported a fourth-quarter loss of $931 million and said capacity would be up to 10% lower this quarter than in the first three months of 2019. Shares rose 1.8% premarket.

  • Netflix

    is scheduled to report after the market closes. Shares rose 0.9% before the bell.

The Netflix building on Sunset Boulevard in Los Angeles, Calif.



Photo:

frederic j. brown/Agence France-Presse/Getty Images

  • KeyCorp

    gained 1.6% after reporting fourth-quarter profits of $601 million, up from $549 million a year earlier.

  • Regions Financial

    dropped 4.4% ahead of the bell. The Birmingham, Al.-based bank reported net income of $414 million in the final quarter of 2021, down from $588 million a year earlier.

  • Fifth Third Bancorp

    slipped 0.8% after the Cincinnati-based parent of Fifth Third Bank said rising interest income helped it post quarterly earnings of 90 cents a share, in line with analyst forecasts.

  • Ford Motor

    slipped 2.2% after analysts at Jefferies cut the stock to “hold” from “buy.”

  • Alcoa

    rose 1.8% premarket. The aluminum maker posted $3.34 billion in revenue last quarter, topping analyst estimates.

  • Discover Financial Services

    lost 2.4% after profits of $3.64 a share in the fourth quarter fell short of Wall Street forecasts.

  • Kinder Morgan

    rose 1% premarket. The Houston-based pipeline operator said it expects profits would rise 40% this year.

  • Synovus Financial

    edged up 0.6% on an increase in fourth-quarter profits, which got a boost from growth in the Columbus, Ga.-based company’s core-loan and securities portfolio.

Chart of the Day
  • Specialist ingredient companies like Kerry Group might have an easier time protecting their profit margins from higher costs than food brands or supermarkets, writes Heard on the Street columnist Carol Ryan.

Write to Joe Wallace at joe.wallace@wsj.com

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