2019-04-22 09:03:48 | Fly Intel: Pre-market MoversHIGHER: KeyW (KEYW), up 43% after Jacobs Engineering (JEC) announced an agreement to acquire the company for $11.25 per share in cash in a transaction with an enterprise value, net of tax assets, of approximately $815M, including net debt... Manhattan Associates (MANH), up 3% after being upgraded to Buy from Hold at SunTrust. UP AFTER EARNINGS: Halliburton (HAL), up 3%... Kimberly-Clark (KMB), up 3%. LOWER: Tesla (TSLA), down 2% after CNBC reports the company sent a team to probe an apparent explosion of one of its vehicles in Shanghai on Sunday and is also cooperating with relevant departments about the matter. Also, Evercore ISI analyst Arndt Ellinghorst downgraded Tesla to Underperform from In Line citing his more cautious view on demand for its vehicles, in particular the recent "severe decline" in demand for the Model S and Model X... Boeing (BA), down 2% after The New York Times reported that workers at Boeing's 787 Dreamliner plant in South Carolina have complained of defective manufacturing, debris left on planes and pressure to not report violations. In response, Brad Zaback, vice president and general manager of Boeing's 787 Program, sent an email Saturday to all South Carolina employees that said the NY Times article "features distorted information, rehashing old stories and rumors that have long ago been put to rest."... Zoom Video (ZM), down 5% ahead of its second day of trading after its IPO on Thursday. DOWN AFTER EARNINGS: Steel Dynamics (STLD), down 1%. | |
---|