Stocks to Watch: General Motors, Mariott International, Zillow, Etsy, Hertz, Weight Watchers

By Francesca Fontana 

Here are some of the companies with shares expected to trade actively in Tuesday's session. Stock movements reflect premarket trading.

Marriott International Inc. -- Down 2.6%: The hotel chain posted weaker-than-expected sales, though it reported per-share earnings that topped expectations.

Zillow Group Inc. -- Down 16%: Zillow said it would acquire Mortgage Lenders of America for an undisclosed sum in an attempt to boost the value of its partnerships with real estate brokers. Separately, Zillow reported a 22% year-over-year revenue increase.

Etsy Inc. -- Up 12%: The online retailer upped its revenue guidance for the year and posted stronger-than-expected sales growth in the most recent period.

Hertz Global Holdings Inc. -- Up 3.7%: Hertz reported a smaller second-quarter loss than expected but missed on sales.

Weight Watchers International Inc. -- Down 3.6%: The weight-loss company exceeded profit expectations and raised its full-year guidance, though revenue was in line with Wall Street projections.

General Motors Co. -- Up 0.1%: The auto maker reached a deal late in Monday's session with a Detroit-based hospital network to provide employees with a new coverage option. The agreement, which would allow everything from surgical procedures to doctor appointments, departs from conventional health-care arrangements because the company signs a direct contract with a single provider.

Dentsply Sirona Inc. -- Down 17%: The dental-equipment manufacturer reported a $1.12 billion loss in its latest quarter and said it plans to launch a restructuring program.

Dean Foods Co. -- Down 9.2%: The company beat earnings and sales expectations but cut its full-year outlook due to inflation and competition from private labels, disappointing investors.

This is an expanded version of the "Stocks to Watch" section of our Morning MoneyBeat newsletter. To receive it every morning via email, click here.

(END) Dow Jones Newswires

August 07, 2018 09:50 ET (13:50 GMT)

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