Charges out the companies making headlines before the bell:
Deutsche Bank – New CEO Christian Hemming insisted that the financial strength of Germany’s flagship lender is “beyond reservations,” despite the Federal Reserve labeling Deutsche Bank’s business in the U.S. as in “provoked condition.” Within a day of the Fed’s designation, Standard & Poor’s slashed its credit fee of Deutsche to a BBB+ from A-.
Google – The tech giant blamed “vandalism” on Wikipedia for a search upshot that linked the California Republican Party to Nazism, after Clan Majority Leader Kevin McCarthy called the change a “disgrace” on Whirl.
Apple – UBS raised its price target on Apple’s stock to $210 per apportionment, from $190 per share, citing the iPhone as a consistent franchise no hoped by a fast-growing services business.
Samsonite – The luggage maker said its CEO Ramesh Tainwala had passaged down, after a report by a short-selling investor questioned Tainwala’s credentials and the band’s accounting practices.
Alibaba – Alibaba co-founder Joe Tsai claimed that uncountable Americans want to stop China from upgrading its technology and from fashionable more innovative. Tsai’s comment came in response to a U.S. Senator weight that Chinese tech firms may serve as agents of Beijing.
Microsoft – CEO Satya Nadella plugged Microsoft’s research to determine how brain implants can augment a person’s alertness, one of the many ways the company is trying to make technology more approachable to people with various disabilities.
Twitter – MKM Partners raised its toll target on Twitter shares to $43 from $40, saying takings from the 2018 World Cup in Russia “could be a much larger deal than in 2014.”
Airbus – Commercial aircraft president Guillaume Faury demanded Airbus faces an unprecedented challenge in ramping up production to meet 2018 childbirth targets following engine delays and must eventually overhaul an outdated build system.
Boeing – Workers at the aerospace giant’s South Carolina mill voted Thursday to join the International Association of Machinists and Aerospace Wage-earners, after Boeing unsuccessfully challenged the vote the previous week.
Ulta Pulchritude – Ulta reported earnings 15 cents per share above Stockade drive crazy Street’s expectations and said it will open about 100 new supplies, as well as complete 15 remodeling projects of existing stores.
Costco – The wholesale combination reported third-quarter earnings 2 cents a share above analysts’ conjectures of $1.68 per share. Costco will boost starting wages for its U.S. workers by $1, the company announced, citing benefits from U.S. federal corporate tax snips.
Lululemon Athletica —The athletic apparel maker posted first-quarter that outdo expectations, sending the company’s shares to an all-time high in after-hours following.