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Stocks making the biggest moves premarket: Comcast, Caterpillar, Merck and more
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cnbc.comIn this article
Check out the companies making headlines before the bell:
Comcast (CMCSA) – The parent of NBCUniversal and CNBC reported adjusted quarterly earnings of 87 cents per share, 12 cents above estimates. Revenue also beat forecasts as cable and broadband revenue grew, and the stock jumped 3% in the premarket.
Caterpillar (CAT) – Caterpillar shares rose 2.5% in the premarket after the heavy equipment maker beat bottom-line estimates for the third quarter despite a slight revenue shortfall. Adjusted earnings came to $2.66 per share compared with a consensus estimate of $2.20, amid elevated demand in the construction industry.
Merck (MRK) – The drugmaker beat estimates by 20 cents with adjusted quarterly earnings of $1.75 per share,
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