HomeTrending TopicsEarly movers: VA, TSLA, GE, GPS, BX, TIME & more
Posted in Trending Topics on 5th April 2016

Early movers: VA, TSLA, GE, GPS, BX, TIME & more

See what companies making news for the clock:

Virgin America – The airline announced an agreement to purchase by Alaska Air for $ 57 per share in cash. Alaska Air spread JetBlue, which also was interested in purchasing Virgin America. The carriers hope to close the deal by 1 January 2017.

Tesla – Orders for the automaker’s upcoming Model 3 continued surge. By last count, have discussions covered 276,000 of the $ 35,000 car that is due out late 2017.

General Electric – Bernstein downgraded GA “to perform market ” outperform ‘from a valuation basis after GA shares rose 27 percent in the past year.

Gap – KeyBanc upgraded the clothing retailer to “overweight” according to a rise in demand clothing and a weakening of the dollar will be the parent of the Gap, Old Navy and Banana Republic chains help.

Smith & amp; amp; Wesson – BB & amp; amp; T cut its rating on the gun maker to “hold” from “buy”, either buy a valuation basis to the stock of the rise and a slowdown in the inner circle.

JM Smucker – Goldman Sachs downgraded the food author stock to “sell” from “neutral”, said he expects a series of negative earnings estimate changes due to challenges in both core and newly businesses.

Blackstone – Black bought Hewlett Packard Enterprise 60.5 percent stake in India-based outsourcing services provider MphasiS, and also offered to buy a 26 percent stake from public shareholders. Placing Blackstone’s total possible explanations of $ 1100000000. Separately, Blackstone denied a report that it is considering a transaction to buy Brazilian shopping mall operator BR Malls Participacoes.

Time Warner – Time Warner shares could jump 25 percent over the next year, according to a Barron’s article. The paper refers to the box office success of “Batman vs. Superman,” as well as a slate of nine more superhero movies in the works.

SunEdison – SunEdison plans to file for bankruptcy protection within weeks, according to The Wall Street Journal. The paper said the solar energy company in talks with creditors for a loan to fund operations during the bankruptcy filing process.

Time Inc. – The publisher is considering a partnership with a private equity firm to bid for Yahoo’s Internet assets, according to Reuters.

Facebook – Facebook’s oculus unit experienced delays sent bullion VR virtual reality headsets, shortages due share. It is not known how long the delay may be, or how much will be compromised sent.

Hain Celestial – Organics author reformulation decades of hair shampoos, skin cleansers and other products, and fall claims related to a controversial ingredient called sodium lauryl sulfate. Hain and other companies have said their products contain

HP Inc. “No harsh chemicals.” – The computer maker is set unveiled an ultra-thin laptop Tuesday, hoping to make progress in a premium market that was one of the better performers in the declining PC industry

Staples -. the office trader has offered to freeze prices to win government approval for its proposed acquisition of Office Depot, according to the New York Post.

Questions? Comments? Email us marketinsider@cnbc.com

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