logo-loader
viewNordstrom, Inc.

Nordstrom, General Mills, Salesforce.com Inc and more - PRE-MARKET

What's hot and what's not in pre-market trade in New York

1521635971_shutterstock_108346709.jpg
A look at pre-market trade in New York

US stocks are seen starting lower midweek, after a higher finish on Tuesday.

In pre-market Nordstrom Inc (NYSE:JWN) shares shed 2.74% to US$48 as it has emerged that the company's board is reportedly ending talks with the founding family members about a potential takeover deal, saying they had been unable to reach an agreement.

General Mills Inc (NYSE:GIS), the foodstuffs giant, shed nearly 7% to US$46.45 as it cut its yearly earnings forecast, due to what it said was a sharp increase in freight and commodity costs.

"Like the broader industry, we’re seeing sharp increases in input costs, including inflation in freight and commodities,” said chief executive Jeff Harmening.

 

Devon Energy Corp (NYSE:DVN) shares added 0.95% after the bell to US$31.85 on no news other than Premier Global Advisors bought 6,581 shares, valued at around US$272,000.

Salesforce.com Inc (NASDAQ:CRM) shares lost 3.47% to US$120.75 as it confirmed a deal to buy Mulesoft Inc (NASDAQ:MULE) for about US$5.90bn in a cash and share deal.

Quick facts: Nordstrom, Inc.

Price: 40.37 USD

NYSE:JWN
Market: NYSE
Market Cap: $6.27 billion
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

FSD Pharma rings the Nasdaq opening bell in 'exciting and momentous moment'

FSD Pharma Inc (NASDAQ:HUGE) (CSE:HUGE) CEO Raza Bokhari, who runs the pharmaceutical cannabis research company, rang the Nasdaq opening bell together with with members of the board, leadership team, early investors, and others. Bokhari says it was an 'exciting and momentous moment' for the...

7 minutes ago

2 min read