Market Overview

Stocks To Watch For July 2

Related FINL
Benzinga's Top Upgrades
Deutsche Bank Upgrades Finish Line To Buy
Finish Line 1Q Profit Doubles to Top Views (Fox Business)
Related STZ
Bank Of America Sees Concerns About Slowing Momentum For Constellation Brands, Inc.
How These 5 Beer Companies Have Performed So Far This Year
Corona Deal Lifts Constellation's 1Q Earnings (Fox Business)

Some of the stocks that may grab investor focus today are:

Bristol-Myers Squibb Co (NYSE: BMY) agreed to acquire Amylin Pharmaceuticals (NASDAQ: AMLN) for around $5 billion in cash. Bristol-Myers Squibb shares dropped 0.76% to $35.68 in after-hours trading, while Amylin Pharmaceuticals shares rose 0.18% to $28.25 in after-hours trading.

Shares of Finish Line (NASDAQ: FINL) jumped 11.94% on Friday after the company reported an upbeat first-quarter profit. Finish Line shares closed at $20.91 on Friday.

Wall Street expects Acuity Brands (NYSE: AYI) to report its Q3 earnings at $0.78 per share on revenue of $491.70 million. Acuity Brands shares rose 4.11% to close at $50.91 on Friday.

Shares of Constellation Brands (NYSE: STZ) surged 24.36% on Friday after the company announced its plans to acquire the remaining 50% stake in Crown Imports from Anheuser-Busch InBev (NYSE: BUD) for $1.85 billion. The company also reported a drop in its first-quarter profit. Constellation Brands shares rose 0.11% to $27.09 in the after-hours trading session.

Shares of Fushi Copperweld (NASDAQ: FSIN) gained 10.70% on Friday after the company agreed to be taken private by its Chairman and Co-Chief Executive Officer, Mr. Li Fu, and Abax Global Capital (Hong Kong) Limited at $9.50 per share in cash. Fushi Copperweld shares dropped 1.61% to $8.55 in after-hours trading.

Posted-In: Stocks To WatchEarnings News M&A Pre-Market Outlook Markets Trading Ideas

 

Related Articles (AMLN + AYI)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters