Here are some of the companies with shares expected to trade actively in Monday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
PG&E Corp.—Down 44% premarket:
said it will seek chapter 11 bankruptcy protection, a day after the company’s CEO stepped down over the financial fallout spurred by the utility’s role in helping spark the California wildfires.
—Down 6.5% premarket: Newmont Mining agreed to buy rival Canadian gold producer Goldcorp Inc. in a $10 billion, all-stock deal that would create the world’s largest gold mining company and intensify a consolidation wave triggered in part by languishing prices and dwindling supplies of easy-to-find gold.
Citigroup Inc.—Down 0.8% premarket:
said its fourth-quarter profit surged from a year ago, when it took a large write-down related to changes in the U.S. tax code, but the New York bank missed revenue expectations.
Lululemon Athletica Inc.—Up 3% premarket:
Athletica raised its revenue and earnings guidance for the fourth quarter.
Inc.—Up 20% premarket: MNG Enterprises Inc., a hedge-fund-backed media group known for buying up struggling local papers and cutting costs, has made an offer for USA Today publisher Gannett Co.
Bed Bath & Beyond
—Down 2.2% premarket: Shares of the beaten-down retailer have risen 24% in the last two sessions after reporting quarterly profits roughly in line with Wall Street expectations and missing on sales.
Group Inc.—Down 0.2% premarket: The health-care company has climbed in six consecutive sessions, the longest such streak in nearly a year.
A.O. Smith Corp.—Up less than 0.1% premarket: The firm said Monday that its chief financial officer is retiring in May.
—Down 1.9% premarket: The home builder rose 13% last week after topping earnings expectations and announcing a share repurchase program, its largest weekly advance since June 2012.
—Down 0.5% premarket: The coffee chain finished down 0.7% Friday after falling earlier as much as 3.9% following a Goldman Sachs downgrade to neutral from buy.
—Up 8.9% premarket: The manufacturer of coolers and water bottlers raised its full-year profit guidance.
—Up 0.2% premarket: Denny’s said that preliminary domestic same-store sales rose 1.4% in the company’s fourth quarter, resulting in an 0.8% overall fiscal-year increase.
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