Check out companies that make headlines before bell:
AutoNation (AN) – The auto dealer reported quarterly earnings of $ 4.83 per person share, well above the consensus estimate of $ 2.81. The entrances were also above consent, with same-store new car sales up 42% over a year makes and used car sales up 37%. AutoNation added 1.1% in premarket trading.
Cal-Maine Foods (CALM) – The nation’s largest egg producer posted an unexpected loss of 9 cents per minute share for his latest quarter after analysts had expected an 18 cents per share profit. Income also failed of forecasts, including lower egg prices and a decline in volume of eggs.
Tractor Supply (TSCO) – The farm equipment and utility companies beat estimates by 23 cents with quarterly earnings of $ 3.19 per person share, with revenues even higher than analysts’ forecasts. Refueling the tractor also lifted up full-year outlook, but the stock fell 2.1% in the premarket.
Pershing Square Tontine Holdings (PSTH) – Pershing Square Tontine Holdings fell plans for buy 10% of Universal Music, after regulators and investors have put up in doubt the idea of acquire a minority stake through a special purpose acquisition company. Instead, billionaire investor Bill Ackman plans for buy the stake through its hedge fund Pershing Square.
Zoom Video Communications (ZM) – Zoom will do that buy cloud based call Five9 Center Operator (FIVN) for 14.7 billion dollars in stock, which is the largest Zoom acquisition ever. Zoom went down by 2.7% in premarket trading, while Five9 grew 7.4%.
National Grid (NGG) – The National Grid will reportedly be removed of its responsibility to run British power grid. The Times newspaper reports that British officials are preparing plans for award that responsibility to an independent body, with a announcement in I arrive this week already.
Ingersoll-Rand (IR) – The industrialist equipment and service company was rejected in its offer to start acquisition negotiations with production equipment maker SPX Flow (SPXC), second people familiar with the question who spoke to Reuters. Sources said the most recent per-share the offer was in the low $ 80, which SPX Flow is said to have dismissed as inadequate.
Johnson & Johnson (JNJ) – J&J is reportedly exploring a plan to offload talc-related responsibilities in a new business which then would spin for failure. Familiar people with the question who spoke with Reuters said that move he could result in payments lower than those who don’t solve their cases in advance. J&J faces numerous allegations that his baby powder and other talc-related products have caused cancer.
Tesla (TSLA) – Tesla delivers to customers of his “FSD” award driver assistance service on a subscription basis for $ 199 per month rather than for an upfront payment of $ 10,000. Tesla fell 1.6% in the premarket.
Autodesk (ADSK) – Autodesk has closed deals for the acquisition with based in Australia software manufacturer Altium. This comes several weeks after Altium refused to more offer to acquire over $ 3.7 billion from Autodesk.
Xpeng (XPEV) – The electric with headquarters in China vehicle the manufacturer evaluated the base model of his new The P5 electric sedan for around $ 24,700, below prices price of Tesla’s new cheaper introduction version of its Model 3 sedan. Xpeng lost 1.9% in the premarket.
AMC Networks (AMCX) – AMC will pay $ 200 million to end a legal dispute over profits from hit TV show “The walking dead”. He will pay $ 143 million to settle the lawsuit and pay the rest to buy the remaining rights to show by executive producer Frank Darabont and the Creative Artists Agency.
FIX: This article was updated to correct the spelling of Cal-Maine Foods.
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