By Peter Nurse
Investing.com — Stocks in focus in premarket trade on Tuesday, July 20th. Please refresh for updates.
IBM (NYSE:) stock rose 3.3% after the tech company reported better than expected second-quarter revenue growth after the close Monday, boosted by strong growth in its Cloud and consulting businesses.
Apple (NASDAQ:) stock rose 0.8% following a report in The Wall Street Journal that the iPhone maker is looking to expand its facilities in Los Angeles, as it strives to deepen its commitment to streaming content.
Travelers (NYSE:) stock rose 0.2% after the insurer beat second-quarter profit expectations, helped by higher premiums, lower catastrophe losses and a surge in returns from investments.
Johnson & Johnson (NYSE:) stock rose 0.7%, AmerisourceBergen (NYSE:) stock rose 4.8%, McKesson (NYSE:) stock gained 5.1% and Cardinal Health (NYSE:) stock climbed 5.1% following reports that these drugmakers are close to agreeing a $26 billion settlement of multiple lawsuits in various states which...read more...