Companies Reporting Before The Bell
• Acuity Brands (NYSE:AYI) is projected to report quarterly earnings at $3.25 per share on revenue of $907.75 million.
Companies Reporting Before The Bell
• Freeport-McMoRan (NYSE:FCX) is estimated to report quarterly earnings at $0.22 per share on revenue of $5.86 billion.
Small-cap stocks have not taken off significantly this year despite the broader market rebound, primarily due to their increasing debt burden, a report says.
Gainers
Minerva Neurosciences, Inc. (NASDAQ: NERV) surged 46.2% to $8.80. Minerva Neurosciences announced $20 million in private placement priced at a premium to market.
U.S. stocks traded lower this morning, with the Dow Jones dropping around 100 points on Wednesday.
Following the market opening Wednesday, the Dow traded down 0.30% to 33,823.27 while the NASDAQ fell 0.22% to 13,525.21. The S&P 500, also fell, dropping, 0.31% to 4,364.76.
Companies Reporting Before The Bell
• Manchester United (NYSE:MANU) is projected to report quarterly loss at $0.05 per share on revenue of $173.69 million.