Market Overview

Must Watch Stocks for June 22, 2015

Share:
Must Watch Stocks for June 22, 2015
Related
Earnings Scheduled For July 26, 2017
Benzinga's Top Upgrades, Downgrades For July 12, 2017
Cypress Capital Management Llc Buys iShares International Select Dividend, SPDR DJ STOXX 5… ... (GuruFocus)
Related CI
Mid-Afternoon Market Update: Natural Grocers Drops On Disappointing Earnings; Yelp Shares Spike Higher
Mid-Day Market Update: Weight Watchers Surges Following Earnings Beat; Electronics For Imaging Shares Plummet
David Einhorn Starts Hewlett Packard Enterprise Position in —nd Quarter (GuruFocus)

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

Anthem Inc (NYSE: ANTM) reported that it has submitted a non-binding proposal to acquire CIGNA Corporation (NYSE: CI) for $184 per share in cash and stock. However, Cigna on Sunday, announced that its board had rejected the proposal as inadequate and not in the best interest of shareholders. Anthem shares fell 0.11 percent to close at $165.06 on Friday, while Cigna shares dropped 0.71 percent to close at $155.30 on Friday.

Aetna Inc (NYSE: AET) made a bid to acquire Humana Inc (NYSE: HUM), according to sources reported by the Wall Street Journal. Humana reportedly hired Goldman Sachs to handle potential offers. Aetna shares declined 0.35 percent to close at $124.07 on Friday, while Humana shares gained 1.47 percent to close at $202.22 on Friday.

Wall Street expects Sonic Corporation (NASDAQ: SONC) to report its Q3 earnings at $0.36 per share on revenue of $164.17 million. Sonic shares gained 2.43 percent to close at $33.36 on Friday.

Williams Companies Inc (NYSE: WMB) reported that its board has authorized a process to explore strategic alternatives following receipt of an unsolicited proposal to acquire Williams in an all-stock deal valued at $64.00 per share. The offer was contingent on Williams terminating its pending acquisition of Williams Partners LP (NYSE: WPZ). Williams Board determined that the offer significantly undervalues the company, based on what Williams expects to achieve on a standalone basis and through other growth initiatives, which includes its pending acquisition of Williams Partners. Williams shares declined 1.29 percent to close at $48.34 on Friday, while Williams Partners shares slipped 1.33 percent to close at $53.25 on Friday.

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

 

Related Articles (AET + ANTM)

View Comments and Join the Discussion!