Among the companies with shares expected to actively trade in
Friday's session are Blackstone Group L.P. (BX), Exact Sciences
Corp. (EXAS) and Amazon.com Inc. (AMZN).
Blackstone said Friday it will spin of its financial and
strategic advisory services operation into a separate publicly
traded company with PJT Partners. Shares were up 0.6% to $29.95 in
premarket trading.
Exact Sciences said Medicare recommended a higher-than-expected
reimbursement for its colon cancer screening test--a boost for the
company as it moves to commercialize the test. Shares jumped 36.1%
to $24.66 premarket.
Amazon plans to open its first brick-and-mortar store, according
to people familiar with the plans. The company is also in talks
with at least three studios to join the Ultraviolet digital-movie
"locker" consortium, according to several people with knowledge of
the situation. Shares slipped 0.6% to $313.45 premarket.
Medtronic Inc. (MDT) said Friday its chairman and chief
executive Omar Ishrak will remain at the helm of the new combined
company after the medical-device maker's acquisition of Covidien
PLC (COV) is complete. Medtronic's shares ticked down 0.6% to
$63.30 premarket.
David Einhorn's Greenlight Capital Inc. on Thursday disclosed it
had taken a 9.99% stake in Civeo Corp. (CVEO) and was pushing for
the company to oust its top executive and convert to a real estate
company, according to a regulatory filing. Shares rose 8.7% to
$13.33 premarket.
Tesla Motors Inc. (TSLA) unveiled an automated driving system
designed to enhance visibility, prevent accidents and even allow
vehicles to park themselves. Shares fell 5.1% to $243.95
premarket.
Starboard Value L.P. is poised to unseat the entire board of
Darden Restaurants Inc. (DRI) at the company's annual meeting
Friday, say people familiar with both sides of the vote.
Google Inc. (GOOG, GOOGL) suffered another setback on privacy
issues, this time in Japan, following a European court ruling that
gave Internet users the right to ask the company to remove
information about them from search results.
Dave & Buster's Entertainment Inc. on Thursday said its
initial public offering priced at $16, the low end of its
previously announced range of $16 to $18. The shares are to begin
trading Friday under the symbol "PLAY."
Watchlist:
AngioDynamics Inc. (ANGO) said it plans to revise three years of
its financial statements to correct errors identified while
preparing its latest quarterly results.
Family Dollar Stores Inc. (FDO) said its earnings fell 66% in
its August quarter as expenses related to the discount retailer's
pending acquisition by Dollar Tree Stores Inc. (DLTR) and
restructuring-related items offset sales growth.
Helen of Troy Corp.'s (HELE) recent acquisition of Healthy
Directions lifted the company's second-quarter results, topping the
bleak outlook the company issued last month.
Juniper Networks Inc. (JNPR) cut its third-quarter guidance,
citing lower-than-expected demand from service providers,
particularly in the U.S.
Microchip Technology Inc. (MCHP) on Thursday said it will report
disappointing sales for the September quarter, results the
semiconductor company said suggest "another industry
correction."
Post Holdings Inc. (POST) named Chief Financial Officer Robert
V. Vitale as the cereal maker's new chief executive and announced a
business reorganization.
Symantec Corp. (SYMC) plans to break up its security and
information- management businesses into two publicly traded
companies, becoming the latest tech company to split up
operations.
Write to Tom Rojas at tom.rojas@wsj.com and Maria Armental at
maria.armental@wsj.com
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