Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.
Ford (F) shares are moving higher after earnings and revenue raced past estimates for the third quarter. The auto maker cited strong performance in its F-150 series and and a record pre-tax profit in Asia.
UPS (UPS) reported a beat on revenue and matching on earnings. The package delivery company announced it’s increasing shipping rates by about 5% later this year and adding a peak season surcharge next year. Rival FedEx (FDX) is also planning similar increases.
Hurricanes Irma and Harvey ripped through sales at Anheuser-Busch InBev (BUD). Still, the beer company managed to report a rise in Q3 core earnings despite selling less beer in its largest markets — Texas and Florida because of the hurricanes. The company also says higher-end beer sales grew but not enough to offset falling sales of Budweiser and Bud Light in the US. AB InBev is still working to cut costs after its $10 billion mega merger with SABMiller.
Shares of Buffalo Wild Wings (BWLD) are taking off after the company raised its outlook and earnings beat quarterly estimates. Despite killing off a popular traditional wing promotion, the chain was able to win back customers by swapping in boneless wings which gave a boost to same store sales.