World News – CA – The stocks making the biggest moves in the pre-market: Concho Resources, Halliburton, AstraZeneca & more

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Concho Resources (CXO) â ???? ConocoPhillips (COP) to buy rival power producer in all-stock transaction valued at $ 9.7 billion Concho shareholders will receive 146 ConocoPhillips shares for every share they now own CNBC’s David Faber reported the week last that the two sides were in late stage talks on a possible deal

Halliburton (HAL) – ???? The oil services company gained 11 cents per share for its most recent quarter, 3 cents per share above estimates However, revenues are lower than Wall Street forecasts as lower oil prices impacted demand for company services Halliburton stock fell slightly in pre-market at 7:30 am ET

AstraZeneca (AZN) – A mass deployment of the Covid-19 vaccine developed by the University of Oxford and manufactured by AstraZeneca could take place soon after Christmas, according to a report by the Sunday Times in London citing the deputy chief medical officer from the National Health Service Jonathan Van-Tam

Hershey (HSY) â ???? Citi began covering the chocolate maker with a « buy » note Citi said Hershey’s sales had come under pressure from the pandemic, but saw significant potential for future growth

Philips (PHG) – Philips reported better-than-expected third-quarter results as the Amsterdam-based health technology company sees increased demand for hospital equipment spurred by the pandemic Shares added 3% in the trade before marketing at 7:30 am ET

American Airlines (AAL) â ???? American plans to return the grounded Boeing 737 Max to service in December, pending recertification of the aircraft by the Federal Aviation Administration American will plan a daily flight between Miami and New York on the Max from December 29 through January 4

FedEx (FDX), United Parcel Service (UPS) – FedEx and UPS have told some of their larger shippers that most of their vacation capacity is already spoken, according to the Wall Street Journal The shipping crisis has led retailers to seek out tough alternatives, with companies like DHL and LaserShip already seeing the availability of holiday shipments booked months in advance

Altice USA (ATUS) – The cable company has increased its unsolicited offer for Canadian cable company Cogeco to $ 8 billion previous $ 4 billion 8 billion It is also proposing to sell Cogeco’s Canadian assets to Canadian cable giant Rogers Communications for about $ 4 billion, which would leave him 100% of Cogeco’s US the assets

Kinross Gold (KGC) – The gold mining company plans to sell its North and South American gold mines and move its main listing to London, according to a Globe and Mail article

CVS Health (CVS) – CVS plans to hire 15,000 employees, including more than 10,000 pharmacy technicians, to prepare for an increase in the number of Covid-19 cases over the winter and to have enough staff in place for a possible vaccine deployment

Alphabet (GOOGL) â ???? Politico reports that no attorney general in the Democratic states should join antitrust lawsuit against Alphabet’s Google unit The lawsuit is expected to be filed this week

AMC Entertainment (AMC) – The theater operator plans to resume operations in New York state theaters on October 23, which means it will be operational in 44 of the 45 states in which it operates

Data is a real-time snapshot * Data is delayed by at least 15 minutes Global business and financial news, stock quotes and market data and analysis

Concho Resources, ConocoPhillips, Stock, NYSE: CXO

World news – CA – The stocks making the biggest moves in the pre-market: Concho Resources, Halliburton, AstraZeneca &

Source: https://www.cnbc.com/2020/10/19/stocks-making-the-biggest-moves-in-the-premarket-concho-re


SOURCE: https://www.w24news.com

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