The Internal Revenue Service and the Treasury Department will move Tax day, the April 15 tax-filing deadline to May 17. In addition, taxpayers can also request delaying payment of any money owed to the IRS until May 17. Plus, they can request further extensions until Oct. 15 by filing Form 4868.
News For The Day: Morgan Stanley Starts Offering Bitcoin To Clients
5 Stocks to Watch Out For Thursday, March 18
Lennar Corporation ▲(LEN 100.95 USD +12.24 (13.80%)) share price popped 13.8% and then some more after-hours yesterday The homebuilder reported strong quarterly results. Lennar reported earnings per share of $2.04. Revenue came in at $5.33 billion, topping estimates of $5.13 billion, according to Refinitiv.
Williams-Sonoma, Inc. ▲(WSM After hours 153.22 USD +16.83 (12.34%)) stocks rose after hours Wednesday after the company posted fourth-quarter earnings. WSM beat analysts’ expectations in 2020 as the pandemic pushed consumers to shop for furniture and cookware, given they had plenty of time at home during the coronavirus pandemic. Earnings per share came out at $3.95 adjusted compared to $3.39 expected on $2.29 billion revenue versus the expected $2.18 billion. Williams-Sonoma expects its growth to continue in the year ahead.
Lands’ End, Inc. ▲(LE 38.62 USD +3.42 (9.72%)) Share prices enjoyed a brisk Wednesday trading after the clothing and home goods retailer reported that fourth-quarter earnings and sales topped analysts’ estimates. The company generated EPS of 60 cents, or 4 more cents than expected, over revenues of $538.4 million, which is around $1.5 million than expected. Lands’ End also looked forward to a bright outlook for the current quarter.
Crowdstrike Holdings Inc ▲(CRWD 208.03 USD +11.72 (5.97%)) stocks continued to fly high, recording an almost 6% gain during yesterday’s trading hours. The cybersecurity software company managed to pick up some more gains after hours. It posted quarterly earnings of 13 cents per share, beating estimates by 5 cents, as revenue was above estimates as well. Crowdstrike issued an upbeat outlook for the rest of the year.
Micron Technology, Inc. ▲(MU 94.76 USD +3.33 (3.64%)) stocks rose 3.64% during Wednesday’s trading after Micron announced plans to sell a Utah chip factory that made a type of memory chip called 3D Xpoint, which is jointly developed with Intel (INTC) in 2012. Micron said It plans to exit the 3D Xpoint market due to low demand from customers.
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