Here are the companies Yahoo Finance is watching today.
A mixed quarter at Big Lots (BIG). The retailer beat on earnings but revenue was roughly in line with estimates. The company has hired an outside consulting firm to help figure out what's working and what's not.
Bad news for Exxon Mobil (XOM). The company's stock is being downgraded from outperform to perform, by Cowen. The stock price target is also being cut from $100 to $75. It's all because the company is not planning to cut back on paying for natural gas. That means less cash flow over the next 12 months.
Tilray (TLRY) is getting a vote of no confidence analysts at Jefferies. They just initiated coverage on the cannabis stock with an underperform. With Owen Bennett saying he can't justify the company's current valuation. He's also warning there could be increased volatility in Tilray's stock given its share structure.
Disney's (DIS) new Star Wars attractions are set to open earlier than expected. Star Wars: Galaxy Edge will open first at Disneyland Resort in California on May 31st as planned. While the Walt Disney World Resort version in Florida will open earlier than originally expected on August 29th. However, certain parts of the attractions at both parks could open much later than expected.
it looks like Amazon (AMZN) is coming to New York after all. The New York Post says investors led by the e-commerce giant, which includes New York Yankees, are preparing to buy the sports channel YES Network for about $3.5 billion. The offer would be for the 80% of YES that the Yankees don't already own.