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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Laboratory Corporation of America Holdings | NYSE:LH | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
1.07 | 0.53% | 201.32 | 202.92 | 199.68 | 201.12 | 554,921 | 01:00:00 |
Among the companies with shares expected to trade actively in Monday's session are Perrigo Co. (PRGO), Tribune Publishing Co. (TPUB) and Xerox Corp. (XRX).
Perrigo Chief Executive Joseph Papa has resigned his post, the company said, and people familiar with the matter said Perrigo has released him from a noncompete agreement, clearing a path for him to take over as the next chief of Valeant Pharmaceuticals International Inc. (VRX). Perrigo shares fell 12% to $106.98 premarket, while shares of Valeant rose 3.1% to $37.10.
Gannett Co. (GCI) on Monday proposed to pay roughly $425 million for Tribune Publishing, a deal that if accepted and blessed by regulators would prove a dramatic shift in the U.S. media landscape. Shares of Tribune jumped 59% to $12.00 in premarket trading.
Xerox's profit fell 85% in the first quarter, dinged by higher restructuring charges, as its business remained challenged ahead of its planned separation. The company's shares fell 6% to $10.50 premarket.
KKR & Co. (KKR) swung to a first-quarter loss amid what it called a challenging environment with pronounced volatility across global capital markets. The company's shares fell 4.9% to $14.21 premarket.
First Data Corp. (FDC), which went public in October, reported Monday that its loss narrowed in the first quarter of the year on smaller debt-extinguishment and one-time IPO-related charges as the company reined in its expenses and revenue continued to grow more than expected.
United Continental Holdings Inc. (UAL) disclosed Friday that Chief Executive Oscar Munoz had purchased more than $1 million in stock.
Halliburton Co. (HAL) is delaying the release of its full first-quarter financial results until next month, amid a looming April 30 deadline for its merger with Baker Hughes Inc. (BHI) that has faced stiff regulatory opposition.
Laboratory Corp. of America Holdings (LH) raised its earnings guidance for the year as it posted acquisition-driven revenue growth in its latest quarter.
Barron's Watchlist:
Shares of lodging company Marriott International Inc. (MAR) could rise 30% as it teams up with Starwood Hotels & Resorts Worldwide Inc. (HOT).
Mohawk Industries Inc. (MHK), the top U.S. flooring company, is benefiting from a healthy housing sector and a knack for scooping up smaller players and increasing their profit margins.
Write to Jenny Roth at jenny.roth@wsj.com
(END) Dow Jones Newswires
April 25, 2016 09:31 ET (13:31 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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