Here are the companies the Yahoo Finance team is watching for you today.
Xerox (XRX) has reportedly secured $24 billion in its bid to take over HP (HPQ). The Wall Street Journal says the money comes from lenders including Citigroup and Bank of America. That's a portion of the $33 billion Xerox plans to bid for the company. HP has so far rejected the unsolicited offer as too low and not in the interest of shareholders.
Oprah Winfrey’s 2020 vision tour kicked off this weekend, presented with WW International (WW), formerly known as Weight Watchers. Winfrey, a major shareholder in the company, will be visiting cities all over the U.S. to promote positive self talk in the new year.
Bed Bath & Beyond (BBBY) is selling some of its real estate. The company has struck a deal with a private equity firm to sell about 2 million square feet of its stores and then lease it back to raise more than $250 million, according to the Wall Street Journal. The proceeds will be used to help repay debt, buy back shares, and fund a turnaround effort for the struggling retailer.
Pizza Pizza on the go. Little Caesars is teaming up with DoorDash. It'll be the first time the company will offer delivery in its 60-year history. Most of its 5,000 stores in North America will have the service starting Monday. Little Caesars CEO David Scrivano said the company will still offer its popular basic pizzas for just $5.
The force is still going strong for Disney (DIS). “Star wars: Rise of the Skywalker” made over $33 million at the box office this weekend. That means it has brought in almost $919 million worldwide since it debuted. This would be Disney's seventh movie to hit the $1 billion mark for films that were released in 2019.