Stocks to Watch: Salesforce.com, Insys, United Technologies, Barnes & Noble, Dunkin' Brands, and More
June 10 2019 - 9:32AM
Dow Jones News
By Francesca Fontana and Jessica Menton
Here are some of the companies with shares expected to trade
actively in Monday's session. Stock movements noted by ticker
reflect movements during regular trading hours; premarket trading
is specified separately.
Salesforce.com Inc. -- Down 5.1% premarket: Salesforce.com
agreed to buy data analytics platform Tableau Software in an
all-stock deal with an enterprise value of $15.7 billion that it
said would help its customers better use and analyze data. Tableau
shares gain 34% premarket.
Insys Therapeutics Inc. -- Down 66% premarket:
Specialty-pharmaceutical company Insys Therapeutics filed for
chapter 11 bankruptcy with plans to sell its assets, just days
after agreeing to pay $225 million to settle federal charges over
sales of its opioid drug Subsys.
United Technologies Corp. -- Up 3.3% premarket: The company
agreed to combine with military contractor Raytheon in an all-stock
deal, creating the second largest aerospace-and-defense company in
the world by sales behind Boeing.
Barnes & Noble Inc. -- Down 0.3% premarket: The company's
stock has soared 44% over the past two sessions, its best two-day
stretch since April 2012. The troubled bookstore chain on Friday
agreed to be bought by hedge fund Elliott Management for about $475
million in cash.
Dunkin' Brands Group Inc. -- Up 0.3% premarket: Shares of the
restaurant chain rose 2.2% Friday to close at $78.51, a new
all-time high based on data going back to July 2011, according to
Dow Jones Market Data.
GameStop Corp. -- Up 6.6% premarket: The videogame retailer's
stock slumped 34% last week, its biggest weekly decline since
December 2002 and its second worst week on record, according to Dow
Jones Market Data.
Thor Industries Inc. -- Up 1.8% premarket: Earnings at Thor
Industries dropped in the third quarter as acquisition-related
costs and purchase-accounting adjustments from its takeover of the
Elmer Hymer Group weighed on the quarter's results.
Zumiez Inc. -- Unchanged premarket: The sports-apparel maker's
first-quarter profit and revenue topped Wall Street estimates,
sending shares up 16% Friday to their largest percentage rise since
September 2017.
This is an expanded version of the "Stocks to Watch" section of
our Markets newsletter. To receive it every morning via email,
click here.
Write to Francesca Fontana at francesca.fontana@wsj.com and
Jessica Menton at Jessica.Menton@wsj.com
(END) Dow Jones Newswires
June 10, 2019 09:17 ET (13:17 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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