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Target (TGT) said its CEO Gregg Steinhafel will step down immediately. The massive holiday-time data breach occurred under his watch, although, the timing of the move remains a little bit of a mystery. The shares are sliding more than 1%.
Pfizer (PFE) revealed adjusted quarterly earnings that beat Wall Street's expectations, but sales that missed views. Shares of the blue-chip pharmaceutical giant are slumping more than 1%.
3JPMorgan Chase (JPM)
JPMorgan Chase (JPM) shares are sliding almost 3% after the biggest U.S. bank by assets said in a regulatory filing late last week market revenue will slide 20% in the second quarter.
Berkshire Hathaway's quarterly operating profits came in just a tad below expectations. Berkshire chief Warren Buffett also held an extensive shareholder meeting over the weekend. The class A shares are falling about 0.9%, while the class B shares are off 0.7%.
BlackBerry (BBRY) said it will sell the majority if its Canadian real estate holdings to Spear Street Capital for $278 million. The shares are down 0.6%.