- NCR Corp NCR is amid exclusive talks for sale to private-equity firm Veritas Capital, the Wall Street Journal reports. NCR has a market value of $4 billion.
- Lately, Kohl's Corp KSS and Walgreens Boots Alliance, Inc WBA ended strategic reviews without striking deals citing challenges in the financing market.
- Also Read: Here's Why Zendesk Shares Are Trading Higher Today
- NCR clocked 21% revenue growth to $1.86 billion in Q1, missing its guidance of $1.9 billion - $1.95 billion. NCR downsized its full-year guidance to $8 billion in revenue, citing Q1 shortfall and expected net residual impact across the remainder of the year.
- In February, NCR, formerly known as the National Cash Register Co. and once part of AT&T Inc T, launched a strategic review process.
- Price Action: NCR shares traded higher by 9.45% at $31.85 in the premarket on the last check Tuesday.
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KSSKohl's Corp
$12.99-0.38%
Edge Rankings
Momentum
27.44
Growth
61.39
Quality
63.37
Value
94.38
Price Trend
Short
Medium
Long
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