December 2, 2023


Complete Canadian News World

Nielsen Holdings, FedEx, LHC Group, and more

Nielsen Holdings, FedEx, LHC Group, and more

Take a look at some of Primarkt’s biggest drivers:

Nielsen Holdings (NLSN) — The TV rating company’s stock surged 20.9% in the primary market after it agreed to be acquired by the Private Equity Consortium for $28 per share. The deal is worth $16 billion, including assumed debt.

FedEx (FDX) – FedEx CEO Fred Smith is stepping down From that position at the company he founded over 50 years ago. He will become CEO on June 1st and will be replaced by President and Chief Operating Officer Raj Subramanian as CEO. FedEx shares rose 2% in the primary market.

LHC . group (LHCG) – United Health (UN) will buy a home health care professional For $5.4 billion in cash, or $170 per share, according to the Wall Street Journal. LHC will become part of UnitedHealth’s Optum healthcare services unit. LHC shares jumped 7.5% in pre-market activity.

Uber technologies (Uber) — Uber is close to concluding an agreement with a San Francisco taxi company to include taxis in its ride-hailing platform in that city, according to people familiar with the matter who spoke to The New York Times. Uber recently entered into a similar agreement in New York City. The stock added 1.9% in a pre-market movement.

Jefferies Financial (JEF) — The asset management company’s stock rose 3.7% in premarket after reporting better-than-expected quarterly earnings and returns. Jefferies earned $1.23 a share, well above the 89 cents consensus estimate, even as earnings were lower than a year earlier amid what the company called a “challenging” trading environment.

Jim Stop (GME) — GameStop remains in check as the video game retailer’s stock rides a 10-session winning streak that has seen it surge 143%. Another “meme stock” on a roll is movie theater player AMC Entertainment (AMC), which is up 45% Monday, its best day since last June. GameStop stock is down 3.5% in premarket trading, while AMC is down 4.5%.

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Stilants (STLA) — The automaker is laying off an unknown number of workers at its Jeep Illinois plant in an effort to “operate the plant in a more sustainable way.” The plant saw several layoffs last year, as it tried to deal with the impact of a global shortage of semiconductors. Shares of Stellantis jumped 4.5% in pre-market trading.

Southwest Gas (SWX) — The energy producer will sell $400 million of stock at $74 per share to help pay off debt used in its $2 billion acquisition of Questar Pipelines in December. Investor Carl Icahn opposed the deal, and the company on Monday rejected an offer to buy Southwest at $82.50 a share. Southwest shares fell 3.4 percent in the pre-market.

Dave Webster (PLAY) — Shares of the restaurant chain fell 5.9% in premarket after losing up and down for the last quarter. Dave & Buster’s fell 8 cents a share shy of estimates, with quarterly earnings of 52 cents a share. Dave & Buster’s said its findings were robust in light of the ongoing Covid-19 headwinds.

Pinterest (PINS) — Shares of the photo-sharing site operator fell 2.7% in pre-market trading after Morgan Stanley cut the rating to “equal weight” from “overweight”. Morgan Stanley points to challenging user trends, including a greater percentage of time spent on activities with low monetization potential.