Look at the companies that make headlines in front of the bell:
Harris Corp. – Harris and L3 Technologies are in the largest merger of defense companies. The all-stock transaction is valued at more than $ 15 billion, exceeding 1997's previous record of Boeing and McDonnell Douglas. L3 shareholders receive 1.3 Harris shares for every share they now own, Harris said Shareholders own 54 percent of the combined company.
Activision Blizzard – Activision was "overweighted" by Barclays of "equal weight", with optimism over potential "Call of Duty" digital revenue for the video game maker among the factors mentioned.
Ralph Lauren – The clothing manufacturer has been upgraded from "neutral" to "overweight" at JPMorgan Chase. The company expects Ralph Lauren's earnings to accelerate to a low to mid-teens level, which will reverse the decline in recent years.
Zeetis – Zoetis has been upgraded from "neutral" to "overweight" at JPMorgan Chase The pharmaceutical company will increase its sales even faster than its counterparts.
Tapestry – Tapestry has been downgraded from Loop Capital Markets to Hold by Buy. Loop is worried about the competitive position of Tapestry, the parent company of Coach and other luxury brands.
Amazon.com – According to reports, Amazon has offered more than $ 400 million for a minority stake in India-based retailer Spencer & # 39; s Retail
Broadcom – Broadcom has received the EU's final antitrust clearance Acquired CA Technologies and expects the deal to close on November 5.
Dollar Tree – The discounter's stock has been lowered to "hold" by "depreciated". Gordon Haskett, Inc., announced the downgrading following a review of the Southeastern business and an analysis of recent traffic trends.
Sears Holdings – Sears filed for Chapter 11 bankruptcy protection and plans to close 142 more stores Appliance manufacturer Whirlpool issued a statement indicating that the Sears bankruptcy will have limited impact on its finances, as only one percent of its claims were related to Sears.