Yahoo Finance is tracking General Electric, Amazon, Honeywell and eBay in intraday trading on Friday.
General Electric (GE) – The stock fell to its lowest level in over a year and a half after disappointing Wall Street with a 12% drop in year-over-year second-quarter revenue. Despite the drop, GE still topped expectations on both the top and bottom lines. The company posted earnings per share of 28 cents on revenue of $29.56 billion. Analysts were expecting EPS of 25 cents and sales of $29.02 billion.
Amazon (AMZN) – The Federal Trade Commission is reportedly looking into the e-commerce giant’s pricing practices. Reuters reports that as part of the regulator’s review of Amazon’s $13.7 billion deal to buy Whole Foods, they’re examining a complaint by advocacy group Consumer Watchdog which accuses Amazon of misleading customers about its pricing discounts. Amazon said in a statement that the report is “deeply flawed” and based on “incomplete data and improper assumptions.”
Honeywell (HON) – The company reported a 5.5% rise in second-quarter profit, driven by results in its materials and technologies businesses as well as its aerospace division. Honeywell posted earnings of $1.80 a share on revenue of $10.08 billion.
eBay (EBAY) – Shares of the online market place are under pressure after disappointing investors with its profit guidance for the third quarter. eBay expects a profit of 46 cents to 48 cents. Analysts were forecasting 48 cents.
For more on Friday’s big stock movers, check out the Final Round, live at 4 p.m. ET, right here on Yahoo Finance.