Check out the companies that make headlines before:
Kellogg (Q) – Kellogg’s rose 8.1% in freemarket trading after announcing plans to split into three separate public companies. One company will cover the snack and international grain business, another the American grain business and a third a pure-sport plant-based food maker.
Lener (LEN) – The home builder posted a revised quarterly profit of $ 4.69 per share, beating the consensus estimate of $ 3.96 and topping earnings. However, the company said it was beginning to see the impact of higher interest rates and the rapid rise in home prices at the end of the quarter.
Spirit Airlines (Save) – Spirit raises 8.1% in freemarket trading Jet Blue (JBLU) increased its acquisition offer for Spirit by $ 2 per share to $ 33.50. Spirit plans to decide by the end of the month whether to join its contract Frontier group Accept the auction of (ULCC) or JetBlue. Jet Blue rose 1.6%.
Montalles (MDLZ) – Mondelez, Energy Bar Manufacturer Clif Bar & Co. Buys for $ 2.9 billion, and additional payouts are possible depending on financial results. The transaction is expected to close in the third quarter.
Valneva (VALN) – Valneva shares rose 81.8% in the primary market Pfizer (PFE) agrees to buy 8.1% stake in French vaccine maker for more than $ 95 million. Pfizer and Valneva are already joint venture partners in developing treatment for Lyme disease.
Tesla (TSLA) – Tesla added 3.2% to its freemarket activity after CEO Elon Musk provided additional details about the planned job cuts announced earlier this month. Musk told Bloomberg that the company would cut about 10% of its paid staff over the next three months, resulting in an overall reduction of about 3.5%.
Twitter (TWTR) – In the same Bloomberg interview, Musk said there were still some unresolved issues regarding his deal to buy Twitter, including spam accounts and the financing of the deal. Meanwhile, a new SEC file from Twitter suggests that shareholders vote in favor of Musk’s $ 54.20 a share acquisition attempt. Twitter added 1.2% on the freemarket.
Exxon Mobil (XOM) – Exxon Mobil has been upgraded from “neutral” to “superior” in Credit Suisse, indicating Exxon’s investment in attractive oil and gas projects. Exxon Mobil added 2.6% to freemarket activity.
The sun (RUN) – Shares of the solar power company rose 2.5% in pre-market trading after Goldman said the sun was the best way to invest in residential solar development. Goldman rates Sunran as a “buy” at the same time that it downplayed the competition Solar power (SPWR) Sun Power fell 2.7% to “sell” from “neutral”.
Charles Swap (SCHW) – The brokerage firm upgraded from “neutral” to “buy” on UBS, a standard name that is well insulated against credit and market risk as Schwab. Schwab rose 3.3% in freemarket trading.