PerkinElmer, Boeing, Global Payments, Bumble and more

Footage from outside the Nasdaq MarketSite shows dating app operator Bumble Inc. (BMBL) Company made its debut on the Nasdaq Stock Exchange during the company’s IPO on February 11, 2021 in New York City, New York.

New Mike | Reuters

Here’s a look at the companies making headlines in Monday afternoon trading.

Boeing – The planemaker’s shares rose more than 7% after CNBC reported that the Federal Aviation Administration approved inspection protocol amendments Separately, Boeing safety workers will vote Wednesday on a new proposed labor agreement aimed at avoiding a strike.

target – Retail stocks rose more than 2% Wells Fargo upgraded the target to overweight From equal weight. The firm said investors were too bearish on the stock, which it views as a “proven stock gainer.”

PerkinElmer – Shares of PerkinElmer rose more than 6% after the diagnostics and life sciences company posted better-than-expected sales and profit in the second quarter. It also announced plans to divest some of its non-core units to private equity firm New Mountain Capital for $2.45 billion in cash.

Advanced Micro Devices – Several semiconductor stocks rose, with Advanced Micro Devices up 2.5%. Shares of Micron Technology, Nvidia and Intel all rose about 2%.

Global Payments – Shares of the financial technology firm rose 7.5% after a better-than-expected quarterly report. Global Payments reported adjusted earnings per share of $2.36 on revenue of $2.28 billion. Analysts polled by Refinitiv had expected $2.34 a penny in earnings per share on revenue of $2.07 billion. Global Payments also announced an agreement to buy EVO Payments for $34 per share.

Colgate-Palmolive — Consumer goods firm a consistently gained more than 2% Wells Fargo upgraded to equal weight From being underweight. Colgate-Palmolive’s bottom line may be showing signs of improvement, the company said.

Neo — Shares advanced more than 2% after both the Chinese electric vehicle maker and rival Li Auto It has been reported that car deliveries have increased in July. Li Auto rose 3%.

Check point software technologies — Shares fell 4% after the cybersecurity company reported disappointing billings revenue. Billings came in at $570.6 million, compared to Street estimates of $578.3 million. This overshadowed better-than-expected revenue and earnings in the previous quarter.

Bumble — Shares of the dating app company fell 5.1% Downgraded to a Hold from JefferiesCiting a decline in paying subscribers going forward.

Jacobs Engineering Group – Shares of the international technology professional services company fell 5.5% after reporting calendar second-quarter earnings. Jacobs lowered guidance for fiscal 2022. quoting Although foreign currency translation adjustments beat expectations in its report.

— CNBC’s Yun Li, Tanaya Maciel, Jesse Pound and Samantha Subin contributed reporting

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