Here’s a look at some of the companies the Yahoo Finance team will be watching for you today.
Micron (MU) wowed in its latest earnings report. Micron’s profit more than doubled from a year before. It’s also projecting revenue for the 4th quarter to top $8B thanks to growing demand for memory as devices become more powerful.
Southwest Airlines (LUV) is reportedly causing more trouble for federal regulators. The Transportation Department’s inspector general is looking into whether FAA investigators have done enough to ensure safety at the airline. The Wall Street Journal says it’s in response to allegations FAA supervisors have become too cozy with Southwest officials.
Gun sales are slowing down for the parent company of Smith and Wesson. American Outdoor Brands (AOBC) says sales dropped 33% for the last fiscal year, as consumer demand for firearms slid. American Outdoor Brands is in the process of diversifying its holdings and buying more companies that make camping and hunting gear.
Apple (AAPL) has found its way to Sesame Street. The tech giant is partnering with Sesame Workshop to create programming for Apple’s new streaming service. That will include live action and animated shows, and a new puppet series. But “Sesame Street” itself isn’t part of the deal. That show is under contract to HBO until 2020.