Bank of America: Premarket Trading
(Premarket story updated with Bank of America news and share price information.)
NEW YORK (TheStreet) -- Bank of America (BAC) - Get Report has joined several other financial institutions in refusing to handle payments for WikiLeaks, the latest blow to the secret-releasing organization's efforts to continue operating under pressure from governments and the corporate world.
Bank of America shares were down 0.24% in premarket trading to $12.60.
>>BofA Blocks WikiLeaks Payments
Novartis
(NVS) - Get Report
plans to build a new drug manufacturing plant in St. Petersburg, Russia, as part of a five-year plan to invest $500 million in the country.
Shares of the Swiss pharmaceutical company rose 0.12% to $58.81 in premarket trading.
>>Novartis Commits $500 Million to Russia
Jabil Circuit
(JBL) - Get Report
is set to release its fourth-quarter earnings report Monday after the markets close. Analysts expect the electronics company to report earnings of 54 cents a share, up from 32 cents a share a year earlier.
Jabil Circuit closed at $17.47 on Friday.
>>Video: The Week Ahead
Darden Restaurants
(DRI) - Get Report
is expected to report its fourth quarter earnings Monday. Analysts are expecting earnings of 54 cents a share, up from 43 cents a share in the same quarter a year earlier.
Shares closed at $49.89 on Friday and were up 0.62% to $50.20 in premarket trading Monday.
(GOOG) - Get Report
has asked TV makers to delay their debut of sets featuring new software so it can make refinements, the
New York Times
reports, citing people familiar with the search giant's plans.
Shares of the company were up 0.46%, or $2.70, to $593.50 in premarket trading Monday.
>>Google TV To Be Delayed: Report
EBay
(EBAY) - Get Report
announced on Monday it has agreed to acquire
brands4friends
, a Germany online shopping club, for $200 million in cash.
Shares of eBay rose 0.27%, or 8 cents, to $29.90 in premarket trading.
>>EBay to Buy German Shopping Club
Adobe
(ADBE) - Get Report
is
is scheduled to release its fourth-quarter earnings
after the market closes Monday. Analysts expect earnings to come in at 52 cents a share, up from 39 cents a share in the same period a year earlier.
Shares of Adobe were down 0.35% to $28.69.
Raytheon
(RTN) - Get Report
signed an agreement to buy
Applied Signal Technology
( APSG) for $38 a share, or about $490 million.
Applied Signal shares closed Friday at $35.02, making the deal's price almost a 9% premium. Shares were up $2.83, or 8.08%, to $37.85 in premarket trading Monday.
Raytheon closed Friday at $45.17.
>>Raytheon to Buy Applied Signal for $490M
More on Earnings Today's Top Earnings |
-- Written by Theresa McCabe in Boston.
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RELATED STORIES:
>>BofA Blocks WikiLeaks Payments
>>Novartis Commits $500 Million to Russia
>>Video: The Week Ahead
>>Google TV To Be Delayed: Report
>>EBay to Buy German Shopping Club
>>Raytheon to Buy Applied Signal for $490M
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