Market Overview

Must Watch Stocks for Today

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Must Watch Stocks for Today

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

Bridgestone Americas, Inc. and Pep Boys-Manny Moe and Jack (NYSE: PBY) announced Friday that Bridgestone had raised the offer price to acquire all the outstanding shares of Pep Boys common stock from $15.50 per share to $17.00 per share in cash. Pep Boys shares rose 0.63 percent to close at $17.51 on Thursday.

Shares of Relypsa Inc (NASDAQ: RLYP) surged over 3 percent Thursday as Daily Mail reported that AstraZeneca plc (ADR) (NYSE: AZN) was reportedly interested in a deal for $46 per share of Relypsa stock. Activist OrbiMed cut its stake in Relypsa from 19 percent to 17.75 percent. Relypsa shares jumped 3.44 percent to close at $28.89 on Friday, while AstraZeneca shares rose 0.50 percent to close at $34.13 on Thursday.

ALPS, a subsidiary of DST Systems, Inc. (NYSE: DST) and Kaufman Rossin Fund announced Thursday, they have agreed that ALPS will acquire KRFS for $95 million in cash. DST Systems shares slipped 0.05 percent to close at $115.10 on Thursday.

 

Related Articles (DST + PBY)

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