Among the companies whose shares are expected to see active trade in Monday’s session are Kraft Heinz, Rackspace Hosting, and Shake Shack.
Kraft Heinz is projected to report second-quarter earnings of 83 cents a share, according to analysts surveyed by FactSet. This is the first earnings report since Kraft and Heinz merged last month.
Rackspace Hosting is forecast to post second-quarter earnings of 20 cents a share, up from 16 cents a share a year ago.
Shake Shack is likely to report second-quarter earnings of 3 cents a share. There are no year-earlier comparison numbers since the company only started trading publicly in January.
Hertz Global Holdings Inc. is expected to post second-quarter earnings of 18 cents a share, down from 45 cents a share a year ago.
Take-Two Interactive Software Inc. is forecast to post fiscal first-quarter earnings of 36 cents a share versus a loss of 14 cents a share a year ago.
Late Friday, Warren Buffett’s Berkshire Hathaway Inc. reported its second-quarter profit fell to $4.01 billion, or $2,442 per Class A share, from $6.4 billion, or $3,889 a share, a year earlier. Operating profit, which excludes some investment results, declined to $3.89 billion, or $2,367 a share, from $4.33 billion, or $2,634 a share due to a drop in its insurance business. Analysts surveyed by Thomson Reuters projected operating earnings of $3,038 a share.
Apple Inc. will host an event to unveil its latest iPhone and Apple TV in the week of Sept. 7, with Sept. 9 eyed as the most likely date, according to Buzzfeed News. Apple held its annual event on Sept. 9 last year as well.
ValueAct Capital Management LP has taken a $1 billion stake in American Express Co. although it’s not clear whether the San Francisco-based activist investment firm will agitate for changes at the card company.