Advertisement
Singapore markets open in 39 minutes

  • Straits Times Index

    3,187.66
    +32.97 (+1.05%)
     

  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     

  • Dow

    37,775.38
    +22.07 (+0.06%)
     

  • Nasdaq

    15,601.50
    -81.87 (-0.52%)
     

  • Bitcoin USD

    63,012.22
    +1,991.56 (+3.26%)
     

  • CMC Crypto 200

    1,308.49
    +422.95 (+47.75%)
     

  • FTSE 100

    7,877.05
    +29.06 (+0.37%)
     

  • Gold

    2,392.10
    -5.90 (-0.25%)
     

  • Crude Oil

    82.62
    -0.11 (-0.13%)
     

  • 10-Yr Bond

    4.6470
    +0.0620 (+1.35%)
     

  • Nikkei

    37,725.66
    -354.04 (-0.93%)
     

  • Hang Seng

    16,385.87
    +134.03 (+0.82%)
     

  • FTSE Bursa Malaysia

    1,544.76
    +4.34 (+0.28%)
     

  • Jakarta Composite Index

    7,166.81
    -7,130.84 (-49.87%)
     

  • PSE Index

    6,523.19
    +73.15 (+1.13%)
     

Stocks - GE Soars in Premarket, Newmont Mining, Spring Rise, Kraft Falls

Investing.com

Investing.com - Stocks in focus in premarket trade Monday:

• General Electric (NYSE:GE) stock rocketed 17.80% by 8:12 AM ET (13:12 GMT) after the company agreed to sell its BioPharma business to Danaher (NYSE:DHR) for $21.4 billion.

• Kraft Heinz (NASDAQ:KHC) stock fell 0.92%, unable to manage even a dead-cat bounce after Friday's slump after Warren Buffett wrote billions off the value of Berkshire Hathaway (NYSE:BRKa)'s stake. While Buffett plans on holding the stake, he will not add to it. Separately, CNBC reported that the company hired Credit Suisse (SIX:CSGN) to study strategic options for its Maxwell House coffee business.

• Spark Therapeutics (NASDAQ:ONCE) stock surged 120.91% after Roche said it will acquire the company for $114.50 a share, or approximately $4.3 billion.

ADVERTISEMENT

• Newmont Mining (NYSE:NEM) stock rose 1.32% as Barrick Gold offered to acquire the company in an all-stock merger. Barrick's offer doesn't envisage any premium for Newmont stock.

• Caesars Entertainment (NASDAQ:CZR) stock advanced 2.43% as the company prepares to offer activist investor Carl Icahn a role in selecting its next chief executive, according to people familiar with the matter cited by Reuters.

• Twitter (NYSE:TWTR) stock traded up 0.69% after a company announcement that co-founder and former chief executive Evan Williams (NYSE:WMB) plans to step down from its board of directors at the end of the month.

• Sprint (NYSE:S) stock gained 1.40% as the company announced that it would launch commercial 5G beginning in May.

• Avon Products (NYSE:AVP) stock jumped 5.30% as the company announced the launch of a new content studio to drive digital growth.

• Qualcomm (NASDAQ:QCOM) stock rose 1.51% as the company announced a launch of 5G chips for cars, PCS and home broadband in an attempt to move beyond the smartphone market.

• Marathon Oil (NYSE:MRO) stock lost 0.83% as the company announced an agreement to sell its assets in the North Sea to RockRose Energy for approximately $140 million.

• Clementia Pharmaceuticals (NASDAQ:CMTA) stock soared 71.75% after Ipsen agreed to buy the company in a deal worth approximately $1.31 billion.

Related Articles

JD.com shares jump on upbeat sales performance

Uber, Lyft to offer drivers shares in stock market listing: WSJ

J.C. Penney beats same-store sales forecasts, shares surge 20 percent