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[ad_1] An employee arranges Apple iPhones as customer shop at an Apple store.Mike Segar | ReutersCheck out the companies making headlines in midday trading.Apple — The big technology stock shed 5% following a rare downgrade by Bank of America. The bank downgraded shares of the iPhone maker to neutral and
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[ad_1] Check out the companies making headlines before the bell:Apple (AAPL) – Apple lost 2.2% in the premarket after BofA Securities downgraded it to neutral from buy. BofA said Apple has held up relatively well in a down market, but it expects a negative impact on the company from weakening
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[ad_1] General view of WeWork Weihai Road flagship is seen on April 12, 2018 in Shanghai, China. World's leading co-working space company WeWork will acquire China-based rival naked Hub for 400 million U.S. dollars. (Photo by Jackal Pan/Visual China Group via Getty Images)VCG | Getty ImagesCheck out the companies making
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[ad_1] Check out the companies making headlines before the bell:Accenture (ACN) – The consulting firm's shares fell 3.3% in the premarket after its quarterly revenue beat forecasts but earnings were impacted by the cost of its Russia exit. Accenture raised its full-year revenue forecast but cut the top end of
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[ad_1] TwitterKacper Pempel | ReutersCheck out the companies making headlines in midday trading.Twitter — Twitter shares ticked 1.4% higher after surging earlier on news that Elon Musk offered $54.20 a share to buy the social media company and take it private. Earlier this month, the Tesla CEO disclosed a 9.2%
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[ad_1] Check out the companies making headlines before the bell:Twitter (TWTR) – Twitter surged 8.2% in premarket trading after Tesla (TSLA) CEO Elon Musk – currently Twitter's largest shareholder – offered to take the company private for $54.20 per share in cash. The proposed deal would value Twitter at more
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[ad_1] A man passes a Hewlett Packard display at a technology conferenceJim Young | ReutersCheck out the companies making headlines in midday trading.HP — Warren Buffett's Berkshire Hathaway became the largest shareholder in the computer hardware company, sending shares up 16.4%. Berkshire Hathaway bought nearly 121 million shares, or about
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[ad_1] Check out the companies making headlines before the bell:Conagra (CAG) – The food producer's stock tumbled 5.5% in the premarket after issuing a weaker-than-expected forecast for the fiscal year ending in May. Conagra's results are being hit by higher transportation and raw materials costs.Levi Strauss (LEVI) – Levi Strauss
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[ad_1] Pedestrians cross a street in front of a Rite Aid store in Oakland, California.David Paul Morris | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Rite Aid — Shares of Rite Aid rallied more than 16% after reporting a quarterly profit of 15 cents per share,
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[ad_1] Take a look at some of the biggest movers in the premarket:Nike (NKE) – Nike jumped 3.5% in the premarket after it reported quarterly earnings of 83 cents per share, 20 cents a share above estimates. Revenue was slightly above forecasts, but the athletic footwear and apparel maker said
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