Here’s a look at some of the companies the Yahoo Finance team will be watching for you.
PNC (PNC) tops our list. The bank barely missed on earnings per share and revenue for its first quarter. The bank also cited strong loan demand saying loans increased by $1.2B compared to its previous quarter. PNC is also prepping to launch a new retail digital strategy in the coming year.
Former Qualcomm (QCOM) chairman and CEO Paul Jacobs wants to take the chipmaker private. The son of the company’s founder is reportedly talking to strategic investors and sovereign wealth funds. The move comes after President Trump blocked Broadcom’s hostile bid for Qualcomm last month.
Ford (F) can’t seem to rev up sales in China. Reuters reports car sales in the country fell 11% in March from a year ago. Part of the problem: no new models. Ford says it will launch at least two new models in China later this year.
Zillow (Z) is getting into the home flipping business. The real estate website is launching a test—in which it will buy homes directly from sellers in Las Vegas and Phoenix, renovate the properties and aim to sell them within 90 days. Zillow says it isn’t looking to get rid of real estate agents, who provide the bulk of its revenue through ads.