Stocks to Watch: Alphabet, Netflix, Nielsen, Alnylam Pharmaceuticals, Qualcomm, Sysco
August 13 2018 - 9:59AM
Dow Jones News
By Francesca Fontana and Orla McCaffrey
Here are some of the companies with shares expected to trade
actively in Monday's session. Stock movements reflect premarket
trading.
Alphabet Inc. -- Down 0.3% : Alphabet's Google is wooing
partners in China for a potential expansion there even as its
search index and Gmail remain officially blocked, The Wall Street
Journal reported.
Netflix Inc. -- Down 1.1%: Netflix CFO David Wells announced
plans to step down after eight years in the position.
Tesla Inc. -- Up 1.2% : Elon Musk took to Tesla's website to
give more details surrounding last week's announcement on Twitter
that he is considering taking Tesla private.
Nielsen Holdings -- Up 16%: Activist investor Elliott Management
has taken a big stake in Nielsen Holdings and plans to push the
TV-ratings company to sell itself, The Journal reported.
Alnylam Pharmaceuticals -- Down 5.3% : The U.S. Food and Drug
Administration approved Onpattro late in Friday's session, a drug
that combats disease by silencing the genes driving it, the newest
technology transforming the arsenal of medicines.
VF Corp. -- Down 0.5% : The owner of Lee and Wrangler jeans
plans to spin off its denim business in a bid to sharpen its focus
on faster-growing outerwear and activewear brands.
Qualcomm Inc. -- Up 0.3%: Qualcomm reached a settlement with the
Taiwanese government that revokes a previous finding against the
chip maker and saves the company nearly $700 million in fines.
Sysco Corp. -- Up 4.1% : The food distribution giant reported
profit and revenue for its fiscal fourth quarter that beat
expectations.
Dish Network Corp. -- Down 3.6% : The company's CFO is leaving
to become chief financial officer at Brookdale Senior Living.
This is an expanded version of the "Stocks to Watch" section of
our Markets newsletter. To receive it every morning via email,
click here.
(END) Dow Jones Newswires
August 13, 2018 09:44 ET (13:44 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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