Stocks to Watch: Amazon, Caterpillar, Visa, IBM, Johnson & Johnson

By James Willhite 

Here are some of the companies with shares expected to trade actively in Friday's session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.

Caterpillar -- down 0.4% premarket: The machinery maker reported a better-than-expected adjusted profit for the latest quarter, but guided for 2020 earnings below Wall Street's forecast as global uncertainty pressures sales.

KKR -- up 1.2% premarket: The private-equity firm reported a profit in the fourth quarter, compared with a net loss a year ago.

Honeywell -- down 1.4% premarket: The industrial conglomerate said its profit dropped in the fourth quarter as sales fell at the slimmed-down company.

Amazon -- up 10.8% premarket: The e-commerce giant's fourth-quarter sales blew past a previous record as robust holiday sales and profit from cloud and advertising businesses helped offset growing shipping costs for its one-day Prime program.

Visa -- down 2.7% premarket: The credit-card company reported record quarterly profit and processed more than $3 trillion in transactions, a record for the quarter, driving a 10% revenue growth.

IBM -- up 4% premarket: Ginni Rometty is retiring after almost 40 years at IBM and will be succeeded as CEO by Arvind Krishna, who heads the company's cloud and cognitive-software division.

Johnson & Johnson -- down 0.4% premarket: A California judge ordered the company to pay $344 million in a lawsuit in which state officials accused the company of deceptively marketing surgical mesh devices for use in pelvic procedures in women.

Electronic Arts -- down 1.7% premarket: Its latest Star Wars game helped the company deliver robust holiday-quarter results, though the publisher will have a thin release slate this year as next-generation gaming consoles are primed to hit the market.

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(END) Dow Jones Newswires

January 31, 2020 08:46 ET (13:46 GMT)

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