Companies whose shares are expected to trade actively in today’s session are The Boeing Company (NYSE:BA), Chipotle Mexican Grill, Inc. (NYSE:CMG), Goldman Sachs Group, Inc. (NYSE:GS), The Wendy’s Company (NASDAQ:WEN), Vera Bradley, Inc. (NASDAQ:VRA) and Genworth Financial Inc (NYSE:GNW).
The Boeing Company (NYSE:BA): The company’s most ambitious aircraft, the 787 Dreamliner, is under review by Federal authorities for various technical and mechanical issues. Boeing suffered a big blow when Japan Airlines and All Nippon Airways Co., Ltd. (PINK:ALNPY) grounded all their Dreamliner planes, citing technical and safety issues. Shares of Boeing were down 3.78 percent to $74.04.
Chipotle Mexican Grill, Inc. (NYSE:CMG): The company expects to report stronger-than-estimated revenues. But rising food costs will negatively affect the fourth quarter earnings of the fast-casual burrito chain. Shares dipped 7.63 percent to $274.72.
Goldman Sachs Group, Inc. (NYSE:GS): The bank’s fourth quarter earnings surged amid strong results from the debt and equity underwriting. Revenues from the financial advisory unit also jumped. Share prices surge 1.83 percent to $138.11.
The Wendy’s Company (NASDAQ:WEN): Though profit margins and same-store sales of the burger chain plunged during the fourth quarter, its profits soared. The company said its growth initiatives helped to improve revenues. Wendy’s guidance for 2013 was also slightly higher than Wall Street estimates. Shares were up 1.59 percent to $4.93.
Vera Bradley, Inc. (NASDAQ:VRA): The handbag maker said low holiday season traffic may result in flat same-store sales during the fourth quarter. However, the company raised its Q4 earnings guidance due to higher-than-expected indirect revenues and margins. Initially shares surged 8 percent to $24.85, but tanked to $22.75 in early trading.
Genworth Financial Inc (NYSE:GNW): The company has decided to form a new parent company, and give above $100 million to its loss-making mortgage insurance business. It will alleviate the pressure from regulators and rating agencies, who have threatened to downgrade Genworth to junk status. The newly formed parent company will be owned by the existing shareholders. Shares surged 10.70 percent to $9 in early trading session.