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Posted On: 05/10/2017 12:52:15 PM
Post# of 2218
Stocks In Focus
Shares of Kate Spade (KATE) are moving sharply higher in pre-market trading after the clothing and accessories maker agreed to be acquired by Coach (COH) for $18.50 per share or $2.4 billion in cash.
Straight Path Communications (STRP) may also see early strength after the company said it received a revised takeover offer from a multi-national telecommunications company of $184 per share.
Household products maker Newell Brands (NWL) is seeing pre-market trading after reporting better than expected first quarter results and raising its full-year guidance.
On the other hand, shares of Tyson Foods (TSN) may move to the downside after the beef and poultry producer reported weaker than expected fiscal second quarter results.
Industrial supplier Rexnord (RXN) could also come under pressure after President Donald Trump criticized the company for moving jobs to Mexico.
Shares of Micron Technology (MU) are moving lower in pre-market trading after Goldman Sachs downgraded its rating on the chipmaker to Neutral from Buy.
Shares of Kate Spade (KATE) are moving sharply higher in pre-market trading after the clothing and accessories maker agreed to be acquired by Coach (COH) for $18.50 per share or $2.4 billion in cash.
Straight Path Communications (STRP) may also see early strength after the company said it received a revised takeover offer from a multi-national telecommunications company of $184 per share.
Household products maker Newell Brands (NWL) is seeing pre-market trading after reporting better than expected first quarter results and raising its full-year guidance.
On the other hand, shares of Tyson Foods (TSN) may move to the downside after the beef and poultry producer reported weaker than expected fiscal second quarter results.
Industrial supplier Rexnord (RXN) could also come under pressure after President Donald Trump criticized the company for moving jobs to Mexico.
Shares of Micron Technology (MU) are moving lower in pre-market trading after Goldman Sachs downgraded its rating on the chipmaker to Neutral from Buy.
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