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T

AT&T

$37.49 /

-1.16 (-3.00%)

, TWX

Acquired by T

$89.48 /

+6.49 (+7.82%)

09:05
10/24/16
10/24
09:05
10/24/16
09:05

On The Fly: Pre-market Movers

HIGHER: B/E Aerospace (BEAV), up 16% after Rockwell Collins (COL) agreed to acquire B/E for approximately $6.4B in cash and stock, plus the assumption of $1.9B in net debt... Hilton Worldwide (HLT), up 4% after Chinese conglomerate HNA Group agreed to acquire an approximate 25% equity interest in Hilton from affiliates of nd Blackstone (BX). The transaction, valued at approximately $6.5B, or $26.25 per share in cash, reduces Blackstone's interest in Hilton to approximately 21%. UP AFTER EARNINGS: T-Mobile (TMUS), up 4%. LOWER: AT&T (T), down 3% after announcing an agreement to acquire Time Warner (TWX) in a stock-and-cash transaction valued at $107.50 per share. Time Warner shareholders will receive $107.50 per share under the terms of the merger, comprised of $53.75 per share in cash and $53.75 per share in AT&T stock. Time Warner shares are down 1.5% after the deal, which was previewed at length by media outlets on Friday, was announced as official by the companies over the weekend... Rockwell Collins, down 3% after announcing its deal to buy B/E Aerospace... ARIAD (ARIA), down 4.4% after JPMorgan analyst Anupam Rama downgraded the stock to Underweight from Neutral... Inovio Pharmaceuticals (INO), down 19% after the U.S. FDA placed a clinical hold on its proposed phase III clinical program for VGX-3100... Aduro Biotech (ADRO), down 11% after the U.S. FDA placed on partial clinical hold its trials with investigational agents based on its LADD, or Listeria-based immunotherapy construct, platform following notification to the FDA that a blood culture sample from an indwelling port of a metastatic pancreatic cancer patient who presented with gastrointestinal symptoms tested positive for Listeria... Syngenta (SYT), down 5% after EU antitrust authorities said ChemChina failed to offer concessions to allay competition concerns voiced by the European Commission. DOWN AFTER EARNINGS: VF Corp. (VFC), down 2% after saying it was "not satisfied" with its third quarter results and cut its FY16 EPS view amid "especially sluggish retail conditions" in the Americas.

T

AT&T

$37.49 /

-1.16 (-3.00%)

TWX

Acquired by T

$89.48 /

+6.49 (+7.82%)

BEAV

Bought by COL

$50.61 /

-0.04 (-0.08%)

COL

Acquired by UTX

$84.46 /

+0.83 (+0.99%)

VFC

VF Corp.

$54.67 /

+0.37 (+0.68%)

HLT

Hilton

$22.91 /

-0.09 (-0.39%)

BX

Blackstone

$24.07 /

+0.45 (+1.91%)

TMUS

T-Mobile

$46.75 /

-0.3 (-0.64%)

INO

Inovio

$8.36 /

-0.03 (-0.36%)

ADRO

Aduro Biotech

$12.25 /

+0.16 (+1.32%)

SYT

Syla Technologies

$85.11 /

-0.75 (-0.87%)

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