Earnings Scheduled For October 12, 2022
Companies Reporting Before The Bell
• PepsiCo (NASDAQ:PEP) is projected to report quarterly earnings at $1.84 per share on revenue of $20.81 billion.
Wells Fargo Maintains Overweight on Avient, Lowers Price Target to $38
Wells Fargo analyst Michael Sison maintains Avient (NYSE:AVNT) with a Overweight and lowers the price target from $53 to $38.
Stocks That Hit 52-Week Lows On Wednesday
Wednesday's session saw 361 companies set new 52-week lows.
Aviat Networks Sends Letter Urging Fellow Shareholders Of Ceragon Networks To Vote On The GOLD Proxy Card Before Time Runs Out
Ceragon Shareholders Face a Crucial Decision: Support the Current Board's Entrenched Directors and Failed Strategy or Elect New Independent Directors to Help Create Value for All Shareholders
Avient Divests Its Distribution Business To H.I.G. Capital For $950M
Avient Corp (NYSE:AVNT) has agreed to sell its Distribution business to an affiliate of H.I.G. Capital for $950 million in cash.…