Rich Premium For Health Insurer
Coventry Health Care is getting acquired by Aetna for $42.08 a share in cash and stock. That's sending CVH higher by 18 percent before the bell on my tradeMONSTER platform.
Lowe's Drops On Weak Earnings And Revenue
Lowe's reported second-quarter profit of $0.64 a share, missing the $0.70 consensus analyst forecast. Revenue of $14.25 billion was also below the $14.46 billion expected by the Street. LOW drops more than 6 percent in the premarket.
Zagg Downgraded After CEO Steps Down
Zagg, which makes iPhone cases and accessories, got downgraded to "neutral" from "buy" at Janney Capital. The company's CEO, Robert Pedersen, also stepped down after the bell on Friday. ZAGG declines 5 percent in early trading.
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