Bunge, Williams Companies And Shake Shack Feature On CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Jenny Harrington of Gilman Hill Asset Management said The Williams Companies, Inc. WMB reported fantastic earnings and increased the dividend by 5.3%.

Williams’ board of directors approved a regular dividend of $0.4475 per share, or $1.79 annualized.

Joshua Brown of Ritholtz Wealth Management said Shake Shack Inc. SHAK shares gained sharply on Thursday following a "really good earnings report."

SHAK reported first-quarter FY23 sales growth of 24.5% year-on-year to $253.28 million, beating the consensus of $245.67 million.

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Stephen Weiss of Short Hills Capital Partners named Bunge Limited BG as his final trade.

Bunge reported a first-quarter FY23 sales decline of 3.5% year-on-year to $15.33 billion, beating the consensus of $14.78 billion. "During the first quarter, we announced targeted but important actions to further improve our business capabilities, including entering collaborations to develop next generation seeds to meet the growing need for more sustainable crops, launching regenerative agriculture programs and acquiring a state-of-the art vegetable oil refinery in the U.S," said CEO Greg Heckman.

Price Action: Williams shares gained 0.5% to settle at $29.10, while Shake Shack added 16.6% to $61.57 on Thursday. Bunge shares fell 1.6% to close at $89.35 on Thursday.
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Posted In: Long IdeasNewsTop StoriesMarketsMediaTrading IdeasCNBCHalftime Report Final TradesJenny HarringtonJoshua BrownStephen Weiss
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