Market Overview

Benzinga Pro's 5 Stocks To Watch Today

Benzinga Pro's 5 Stocks To Watch Today

Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user!

  • SCANA Corporation (NYSE: SCG) stock soared nearly 25 percent after the company agreed to merge its business with Dominion Energy Inc (NYSE: D). As part of the agreement, Scana shareholders will receive 0.669 Dominion Energy shares for each one share of Scana which values the deal at $55.35 per share. Dominion Energy fell by more than 4 percent.
  • Moneygram International Inc (NASDAQ: MGI) tumbled more than 8 percent after its deal with Ant Financial was terminated due to a rejection from CFIUS.
  • Advanced Micro Devices, Inc. (NASDAQ: AMD) stock spiked higher by more than 7 percent after a report from The Register suggested there is a "fundamental design flaw" in Intel Corporation (NASDAQ: INTC)'s processor chips" which prompted a "significant redesign of the Linux and Windows kernels to defang the chip-level security bug."
  • Target Corporation (NYSE: TGT) stock continued its move higher after Gene Munster of Loup Ventures suggested Tuesday that, Inc. (NASDAQ: AMZN) would acquire the department store, likely in 2018.

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