May 2, 2022

This paid piece is sponsored by MarketBeat.

Sioux Falls-based MarketBeat is a one-stop resource that brings together fundamental and technical analysis so investors have a single resource to get timely information on news that affects the stocks in their portfolio or watchlist. MarketBeat is partnering with SiouxFalls.Business to provide a monthly overview of stocks of local interest. Here’s a recap of what has been moving these stocks in the past 30 days.

Meta Financial Group (NASDAQ:CASH) – CASH stock is trending lower after the Sioux Falls-based financial holding company released earnings April 28. The company missed expectations on both its top and bottom lines. The company will complete its rebranding to Pathward Financial sometime later this year.

First Interstate BancSystem (NASDAQ:FIBK) – FIBK stock is trending higher after the bank reported mixed earnings April 28. First Interstate beat on revenue but came in light on earnings.

Wells Fargo (NYSE:WFC) – Wells Fargo recently announced layoffs in its home lending division, which may be a foreshadowing of slowing demand based on rising mortgage rates with the rise of the fed funds rate.

NorthWestern Energy (NASDAQ:NWE) – Like the stocks of many companies, shares of NorthWestern are trending lower after the utility company missed on both the top and bottom lines when it reported earnings April 28.

CNH Industrial (NYSE:CNHI) – On April 29, CNH Industrial announced the completion of its sale of the Raven Engineered Films Division to Industrial Opportunity Partners for $350 million. The sale is subject to closing adjustments.

Citigroup (NYSE:C) – On April 29, the U.S. Office of the Comptroller of the Currency lifted a 10-year-old consent order with Citigroup. The order was put in place because of concerns over the bank’s internal processes regarding its ability to track “high-risk” customers’ interactions with different parts of the bank.

McDonald’s (NYSE:MCD) – McDonald’s is reporting a loss of $127 million related to closing its restaurants in Russia and Ukraine. However, the company also is reporting that rising U.S. menu prices and the continuing reopening in Europe is helping to offset some of those losses.

Walmart (NYSE:WMT) – In an effort to help its customers fight rising inflation, Walmart announced that it is increasing its gas discount for Walmart+ subscribers. The discount will allow those consumers to save 10 cents a gallon at participating gas stations.

Target (NYSE:TGT) – In a new GOBankingRates survey, Target came in second place when consumers were asked to give a preference for online shopping. Target finished behind Walmart, which speaks to the growth of Target’s digital presence.

Macy’s (NYSE:M) – In what may be seen as a contrarian view, Macy’s reported it will continue to invest in its big-box department stores even while the company will continue to develop its omnichannel platform and investment in small-store concepts.

Amazon (NASDAQ:AMZN) – The e-commerce giant announced $6 billion of employee stock awards in an effort to address complaints of low pay in a competitive labor market. Amazon is expected to employ approximately 1,000 people at its Sioux Falls fulfillment center.

Costco (NASDAQ:COST) – Costco was rated as the No. 1 retailer for general merchandise in the recently released American Customer Satisfaction Index for 2021.

Ford Motor (NYSE:F) –Ford stock is struggling to hold onto gains after the automaker beat on both revenue and earnings April 27.

General Motors (NYSE:GM) – General Motors delivered a mixed earnings report April 27. The company beat on earnings but had a slight miss on revenue.

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