Stocks to Watch Friday: Texas Instruments, CSX, Burberry, American Express -- WSJ

Dow Jones
01-24

By WSJ Staff

Texas Instruments $(TXN)$: The chipmaker's outlook for this quarter missed expectations, sending its shares down about 5% in premarket trading.

CSX $(CSX)$: The railroad company said revenue fell last quarter, hit by lower fuel surcharge and coal revenue. Shares dropped 3% before the bell.

Intuitive Surgical $(ISRG)$: The medical-device company's quarterly earnings topped expectations, but its outlook for the new year disappointed. Shares fell off-hours.

Burberry (UK:BRBY): Shares of the luxury brand surged in Europe after better-than-expected financial results. Shares of Gucci owner Kering (FR:KER), LVMH (FR:MC) and Richemont (CH:CFR) also rallied.

Banca Monte dei Paschi di Siena (IT:BMPS) and Mediobanca (IT:MB): Italy's Monte dei Paschi made a nearly $14 billion takeover bid for peer Mediobanca. Monte dei Paschi's shares fell 7% in Milan, while Mediobanca's rose roughly 5%.

American Express $(AXP)$ and Verizon $(VZ)$ are due to report before Friday's opening bell.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

January 24, 2025 04:51 ET (09:51 GMT)

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