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Stocks to Watch: Exxon Mobil, Apple, McClatchy, Landec, Duke Energy - Wall Street Journal

Oil shares were broadly higher after a strike ordered by President Trump killed an Iranian military leader. Photo: TANNEN MAURY/EPA-EFE/Shutterstock

Here are some of the companies with shares expected to trade actively in Friday’s session. Stock movements noted by ticker reflect movements during regular trading hours.

Exxon Mobil : Shares of major oil companies were broadly higher premarket after a U.S. strike ordered by President Trump killed a key Iranian military leader in Baghdad. Additionally, Exxon Mobil won a rare reprieve from a U.S. sanctions fine for continuing to do business with a Russian state-run oil company.

Apple : Former HBO Chairman and Chief Executive Richard Plepler signed an exclusive production deal with Apple’s new TV streaming service, a five-year deal that underscores the tech giant’s growing ambitions in entertainment.

Duke Energy : The company agreed to move 80 million tons of coal ash to lined landfills at six power plant sites, in what state regulators are calling the biggest cleanup of its type in U.S. history.

McClatchy : The third-largest newspaper publisher in the U.S. by circulation has frozen pension payments to some former executives and enlisted the services of a bankruptcy-administration firm as it seeks a government takeover of its retirement plan.

Landec : The health and wellness product company’s shares dipped after hours Thursday after it released second-quarter results and said a restructuring plan would see it reduce staff and sell nonstrategic assets.

Lamb Weston Holdings, a maker of frozen-potato products, will release its earnings report Friday.

This is a version of the “Stocks to Watch” section of our Markets newsletter. To receive it every morning via email, click here.

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https://www.wsj.com/articles/stocks-to-watch-exxon-mobil-apple-mcclatchy-landec-duke-energy-11578046153

2020-01-03 10:09:00Z
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