Company News for Jul 20, 2022



  • Shares of The Boeing Company

    BA

    jumped 5.7% following the deals it made at the Farnborough International Airshow to supply jets to its 777 partners.




  • Novartis AG’s

    NVS

    shares rose 4% after posting second-quarter 2022 adjusted earnings of $1.56 per share, beating the Zacks Consensus Estimate of  $1.51.




  • Shares of Truist Financial Corporation

    TFC

    gained 2.6% after posting second-quarter 2022 adjusted earnings of $1.20 per share, surpassing the Zacks Consensus Estimate of  $1.17.




  • International Business Machines Corporation’s

    IBM

    shares plunged 5.3% after the company announced that it has lowered its cash flow forecast, citing the U.S. dollar and Russia situation.


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