Wednesday, September 30, 2020

Stock Alert: Micron Technology Slides 5%; Q1 Earnings View Below Estimates

Shares of Micron Technology Inc. (MU) are losing more than 5 percent or $2.63 in Wednesday's morning trade at $48.08 after the company provided earnings outlook for the first quarter below analyst's estimates, even as its fourth-quarter earnings beat their expectations.

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Election Uncertainty May Weigh On Wall Street After Debate

The major U.S. index futures are pointing to a lower open on Wednesday, with stocks likely to extend the downward move seen in the previous session.

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Dominion Energy Expects Transaction With Berkshire Hathaway Energy To Close Around November 1

Dominion Energy, Inc. (D) on Wednesday provided updates related to the pending sale of its gas transmission and storage assets to an affiliate of Berkshire Hathaway Inc. (BRK-A, BRK-B).

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Pre-market Movers In Healthcare Sector: CTIC, SEEL, BNGO, ETON, ADIL.

What's moving these stocks in the pre-market hours today?

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This Week's Healthcare IPOs

The IPO activity in the U.S. pharma/biotech sector has had a strong showing so far this year, with 69 listings compared to only 46 during the same period last year. In the third quarter, 34 companies belonging to the healthcare sector were listed on the major stock exchanges in the US.

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US casino operator Caesars agrees £2.9bn William Hill takeover

Deal is unanimously recommended by UK bookmaker’s directors

The US casino operator Caesars Entertainment has agreed a £2.9bn takeover of the British bookmaker William Hill.

The companies announced on Wednesday that Caesars would pay £2.72 per William Hill share in cash, a premium of more than a quarter compared with the price before the US company’s interest was first reported last week.

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Tuesday, September 29, 2020

U.S. Stocks May Give Back Ground After Yesterday's Rally

The major U.S. index futures are currently pointing to a modestly lower open on Tuesday, with stocks likely to give back ground following the rally seen in the previous session.

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