TradingMarkets’ 11 Stocks You Need To Know About Today
Kirk Kirkorian’s Tracinda Corporation is making a tender offer for 28
million shares of General Motors
(
GM |
Quote |
Chart |
News |
PowerRating) at $31. Kirkorian, 87, is buying
the shares “for investment purposes” and already owns 22 million shares; after
the tender offer he will own 8.84% of GM. Shares are higher pre-open.
Nike
(
NKE |
Quote |
Chart |
News |
PowerRating) is pulling its shoes from Sears
(
SHLD |
Quote |
Chart |
News |
PowerRating)
stores.
Devon Energy
(
DVN |
Quote |
Chart |
News |
PowerRating) missed by 0.10.
Noble
(
NBL |
Quote |
Chart |
News |
PowerRating) beat by 0.28. Q1 profits rose 29%.
Maxim Integrated Products
(
MXIM |
Quote |
Chart |
News |
PowerRating) reported a higher profit, but
missed estimates.
Cigna
(
CI |
Quote |
Chart |
News |
PowerRating) beat by a wide margin.
Beckman Coulter
(
BEC |
Quote |
Chart |
News |
PowerRating) missed and warned.
Electronic Arts
(
ERTS |
Quote |
Chart |
News |
PowerRating) posted a lower profit–down 91%. Shares
are trading lower pre-open.
American Tower
(
AMT |
Quote |
Chart |
News |
PowerRating) is acquiring Spectrasite
(
SSI |
Quote |
Chart |
News |
PowerRating) in
a $3.1 billion stock deal.