Norwegian Cruise Line, Allstate, Roblox, and more

A Norwegian Gateway cruise ship departs from Manhattan Harbor during sunset in New York City, United States on April 10, 2022.

Tayfun Coskun | Anadolu Agency | Getty Images

Check out the companies making the biggest moves in the middle of the day:

Norwegian Cruise Line Shares fell more than 6% after the cruise ship operator reported in a filing Securities and Exchange Commission It will report a net loss for the fourth quarter and full year of 2022, as well as the first quarter of 2023.

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Charles Schwab – The bank’s stock lost more than 6% after Bank of America Dual rated stocks to an underperforming rating, saying clients will continue to transfer cash to alternatives such as money market funds.

Vornado Realty Trust – Amanah Real Estate Investment declined by 3.3% after that cut its quarterly earnings to 37.5 cents a share from 53 cents. Vornado Realty, which owns commercial properties in cities like New York and San Francisco, cited the current state of the economy and capital markets, as well as Vornado’s projected 2023 taxable income, primarily due to increased exposure to interest.

Roblox Roblox shares fell 6% after a Weight reduction to underweight Morgan Stanley analyst rating. The bank said the upside for video games was limited after December’s strong metrics report.

Philip Morris Marlboro’s parent gained 2.4% after Jefferies launched the stock.Stagnation resistance. “

service now Shares gained nearly 3% after Bank of America called the software stock a The best choice of. The company noted “best-in-class growth”.

Tesla Shares of the electric car maker fell more than 1% in mid-afternoon trading. Piper Sandler Repeat its superior rating in stocks, saying investors should buy stocks “proactively”. The day before, CEO Elon Musk Fraud trial has begun He crossed out tweets he wrote in 2018 about considering taking Tesla private, which caused the stock to surge.

Alcoa – Shares of the aluminum company fell 4.6% on Thursday after the company reported its results for the fourth quarter. Alcoa’s adjusted fourth-quarter loss was 70 cents a share, narrower than the expected loss of 81 percent, according to StreetAccount. However, a company’s adjusted EBITDA — a measure of profit that includes expenses less than net income — is missed. Alcoa said it expects total alumina shipments to decline year-over-year in 2023.

Discover financial services – The online bank fell nearly 2% after raising provisions for credit losses and forecasting net discount rates to rise this year, a sign customers are being left behind. Discover beat predictions For both earnings per share and return for the quarter.

CureVac Shares rose more than 9% after the biopharmaceutical company surged Promoted by UBS To buy from neutral. The Wall Street firm said the results of the first phase of influenza treatment had seen a “major inflection point”.

stronghold — The automaker’s stock fell 1.9% after its price target was cut by Evercore ISI, which said the automaker could suffer in a recession.

allstate – The stock fell by 7%, a day after the insurance company announced preliminary results for the fourth quarter, which include Estimated adjusted net loss Between $335 million and $385 million.

Northern Trust – Shares of the financial institution fell 10% after the company You reported net income in the fourth quarter per diluted common share of 71 centscompared to $1.91 in the fourth quarter of 2021. Revenue from trust and investment services was $1.04 billion, less than the $1.05 billion StreetAccount had forecast.

Comerica Shares jumped about 6% after the financial services company beat earnings forecasts in its latest quarterly report. Comerica reported earnings of $2.58 per share, greater than the $2.55 earnings per share that analysts in a Refinitiv survey had forecast.

— CNBC’s Samantha Sobin, Jesse Pound, Alex Haring, Sarah Maine and Michael Blum contributed reporting.

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