2018-07-23 08:58:17 | Fly Intel: Pre-market MoversUP AFTER EARNINGS: Hasbro (HAS), up 11%. ALSO HIGHER: LifePoint (LPNT), up 34% after agreeing to be bought by Apollo Global (APO) affiliates for $65 per share. Shares of Community Health (CYH) are also up 5% after peer LifePoint agreed to be acquired... Dover Downs (DDE), up 52% after announcing a deal to merge with Twin River Worldwide in a transaction via which Dover Downs stockholders will exchange their shares for Twin River common shares representing 7.225% of the equity in the combined company at closing... Syntel (SYNT), up 4% after agreeing to be acquired by Atos S.E. for $41 per share in an all-cash transaction valued at approximately $3.57B, including Syntel's net debt. LOWER: Tesla (TSLA), down 3% after The Wall Street Journal said the company has asked some suppliers for cash back from previous purchases to help it become profitable... Fiat Chrysler (FCAU), down 3% after unexpected complications that arose while Sergio Marchionne was recovering from surgery made him unable to return to work, leading the company to accelerate its CEO transition process and name Mike Manley as CEO... Ferrari (RACE), down 5% after reporting that Louis Camilleri be named as CEO to replace Chairman and CEO Sergio Marchionne, who will be unable to return to work due to health reasons... Papa John's (PZZA), down 4.5% after announcing that its board has approved the adoption of a limited duration stockholder rights plan and having its stock downgraded to Sell by Stifel analyst Chris O'Cull. | |
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