Here are some of the stocks the Yahoo Finance team will be watching for you today.
US-listed shares of Unilever (UN) surged in early trading. Kraft Heinz (KHC) confirmed that it will continue to pursue a merger with the UK consumer giant even after Unilever declined its offer. Meanwhile, Unilever said it sees no merit in the Kraft Heinz proposal and sees the offer of $143 billion as undervalued. Shares of Kraft Heinz were also sharply higher on the news.
Deere (DE) shares rose in early trading after the maker of farm equipment reported better-than-expected earnings and revenue for the fourth quarter. The company also raised its profit and equipment sales outlook for the year as it sees key farm markets stabilizing.
It’s been a big week for Apple (AAPL) shares. The stock is lower this morning after hitting an all-time high earlier this week. This morning Reuters reported that the tech giant will begin assembling its lower-priced iPhone SE models at a contract manufacturing plant in Southern India. India is the world’s second-largest smartphone market. Apple has also said it’s interested in opening retail stores in the country as well.
WebMD (WBMD) shares rose in early trading following news that the health-information website is exploring strategic alternatives, which could mean selling all or part of the company.