Here’s a look at the companies making headlines amid expansion deals: CNH Industrial – Shares jumped nearly 8% after Greenlight Capital’s David Einhorn told attendees at CNBC’s Delivering Alpha conference that he took a mid-cap position in the farm equipment company %. Cisco Systems — Shares of Cisco Systems edged lower by less than 1% despite beating revenue and profit estimates in the fiscal first quarter. The San Jose, California-based technology company reported adjusted earnings of 91 cents per share on revenue of $13.84 billion. Analysts polled by London Stock Exchange Group (LSEG) forecast earnings of 87 cents per share on revenue of $13.77 billion. Ibotta — Shares of Ibotta plunged nearly 17% despite better-than-expected third-quarter revenue and profit. The cash back rewards platform reported third-quarter earnings of 51 cents per share on revenue of $98.6 million. Analysts polled by London Stock Exchange Group (LSEG) expected earnings of 35 cents per share on revenue of $94.1 million. Beazer Homes USA — Shares of Beazer Homes USA surged about 12% after the Atlanta-based homebuilder reported October sales up more than 30% from the previous year, which the company said reflected a “growing number of communities.” Beazer Homes USA reported fiscal fourth-quarter results of $1.69 per share on revenue of $806 million, which were not comparable to Wall Street expectations due to weak coverage of the stock. Sonos — Shares of Sonos fell less than 1% after the audio equipment maker reported fourth-quarter results. Sonos reported a loss of 44 cents per share on revenue of $255.4 million. Results are not comparable due to thinner coverage.
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