The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Check out the companies making headlines before the bell:
Nutrisystem – The weight loss program company agreed to be bought by Tivity Health for $1.3 billion in cash and stock. Tivity, a provider of fitness and health improvement programs, will pay $38.76 per share in cash and a little over a fifth of a Tivity share for each share of Nutrisystem, giving the deal an implied value of $47 per share. Nutrisystem closed Friday at $34.20.
Travelport – The provider of travel commerce platforms agreed to be acquired by affiliates of Siris Capital Group and Evergreen Coast Capital for $15.75 per share in cash, or about $4.4 billion. Travelport had closed Friday at $15.40, but the stock had jumped five percent last Thursday after reports that the deal was close.
FedEx – Bank of America/Merrill Lynch downgraded FedEx to "neutral" from "buy", and cut its price target to $220 per share from $304. B of A/Merrill said the "surprise" change in management at the company's Express division may signal a reduction or delay achieving in its profit improvement target.
Facebook – Facebook increased its stock buyback authorization by $9 billion, on top of a previously authorized $15 billion.
Gilead Sciences – Gilead named Roche executive Daniel O'Day as its new chief executive officer as of March 1, 2019. Chief patent officer Gregg Alton will serve as interim CEO from January 1 until O'Day's start date. The drug maker had said in July that CEO John Milligan would step down at the end of this year.
Deutsche Bank - A potential merger between Deutsche Bank and Commerzbank would have the approval of Germany's finance ministry, according to a Bloomberg report.
Visteon – Visteon was downgraded to "sell" from "neutral" at Goldman Sachs, which expects an upcoming business update from the auto parts maker to be a negative catalyst for the stock.
WageWorks – WageWorks was upgraded to "market outperform" from "market perform" at JMP Securities, which cites a number of positive factors for the benefits administrator including valuation.
Yelp - Yelp is under fire from longtime shareholder SQN Investors. The Wall Street Journal reports that SQN is planning to send a letter to the online review company's board pushing it to add new members and to consider all options to get Yelp back on track, including a sale. Yelp issued a statement noting that SQN had provided the letter to the media before sending it to Yelp, but said it is committed to maintaining an open dialogue with SQN and other shareholders, and that it regularly evaluates opportunities to unlock its full business potential.
Papa John's – Papa John's founder John Schnatter has engaged a financial adviser to help him review alternative for increasing shareholder value, according to an SEC filing.
Universal Display – The provider of organic light emitting diode technology sees its stock join the S&P MidCap 400 as of today. It replaces restaurant operator Sonic, which has been acquired by Inspire Brands.