Stocks - Tiffany & Co, Fiat, Apple Rise Premarket; Macy’s Falls By Investing.com

Stocks - Tiffany & Co, Fiat, Apple Rise Premarket; Macy’s Falls

Stock Markets Nov 21, 2019 08:27AM ET

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Stocks - Tiffany & Co, Fiat, Apple Rise Premarket; Macy’s Falls

Investing.com - Stocks in focus in premarket trading on Thursday:

• Macy’s (NYSE:M) fell 4% in premarket trade by 8:20 AM ET (13:20 GMT) after the company cut its annual profit forecast for the second this year and posted a bigger-than-expected fall in comparable store sales.

• TD Ameritrade (NASDAQ:AMTD) surged 24.5% after reports that Charles Schwab (NYSE:SCHW) is in talks to buy its smaller rival, according to CNBC.

• Tesla (NASDAQ:TSLA) inched up 1.3% ahead of the auto-maker's long-awaited electric pickup truck reveal this evening in Los Angeles.

• Tiffany & Co (NYSE:TIF) gained 3.3% after reports that LVMH had raised its offer for the company to $130 per share.

• Apple (NASDAQ:AAPL) rose 0.8% after U.S. President Donald Trump indicated on Wednesday that he is considering exempting Apple from an increase in tariffs on Chinese goods scheduled for Dec. 15.

• Fiat Chrysler (NYSE:FCAU) shares gained 1.5% on news that the company's planned merger with Peugeot owner PSA Group will not be impacted by a lawsuit filed Wednesday against FCA by General Motors (NYSE:GM). The lawsuit alleges that FCA had bribed United Auto Workers union officials over a number of years, costing GM billions of dollars.

Saudi Aramco profit soars on higher prices and refining margins By Reuters - Aug 14, 2022

By Hadeel Al Sayegh DUBAI (Reuters) -State oil giant Saudi Aramco (TADAWUL:2222) reported a soaring 90% rise in second-quarter profit on Sunday, beating analyst expectations and...

SAS secures $700 million financing to aid restructuring By Reuters - Aug 14, 2022

(Reuters) - Scandinavian airline SAS said on Saturday it entered into an agreement with Apollo Global Management (NYSE:APO) to raise $700 million of fresh financing it needs to...

Former Deutsche Bank co-CEO Anshu Jain dies By Reuters - Aug 13, 2022 7

(Reuters) -Anshu Jain, a top finance executive best known for helping German lender Deutsche Bank AG (NYSE:DB) take on the largest Wall Street firms, died overnight on Saturday...

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Comments (1)

VIVAN DAVIS Nov 21, 2019 10:09AM ET

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P45 should look into Rewalk for Veterans and made in Israel.

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