Lululemon (LULU) – Lululemon beat estimates by 4 cents with quarterly earnings of $2.28 per share, with the athletic apparel maker’s revenue slightly above consensus.
Facebook (FB) – Facebook said independent director Jeffrey Zients would not seek re-election to the board. Former Deputy Treasury Secretary Robert Kimmitt will take Zients’ place on the social media giant’s board.
Toyota Motor (TM) – The automaker is seeking a $9.2 billion credit line from its bankers, according to a report by Japan’s Kyodo News.
Cheesecake Factory (CAKE) – The restaurant chain covers about 41,000 restaurant employees an hour, cut corporate pay by 10 to 20 percent, and said it was in talks with landlords about its lease obligations.
KB Home (KBH) – KB Home reported quarterly earnings of 63 cents a share, beating consensus estimates by 18 cents, with home builder earnings also above analysts’ estimates.
Trader Georgi Bozhidarov