Shares of SolarCity Corp. (NASDAQ: SCTY), a San Mateo, California-based company engaged in the design, installation and sale or lease of solar energy systems to residential and commercial customers, are seeing a huge rally ahead of the release of the companyâ€™s quarterly results.
After a solid first quarter that saw all three benchmark indexes rise sharply, equity markets continued their excellent run in the first month of the second quarter. All three indexes finished higher in April.
H.J. Heinz (NYSE: HNZ) announced on Thursday that it has agreed to be acquired by Warren Buffettâ€™s Berkshire Hathaway Inc. (NYSE: BRK.A) and private equity firm 3G Capital in deal estimated at more than $28 billion, which will also include debt, sending shares of ketchup making giant up by nearly 20% in premarket trading.
Shares of H.J. Heinz Company (NYSE: HNZ), a manufacturer and marketer of a range of food products throughout the world, are seeing a huge rally in trading today after the company agreed to be acquired by Warren Buffettâ€™s Berkshire Hathaway and 3G Capital.
Shares of Transocean Ltd. (NYSE: RIG) gained on Monday after the worldâ€™s largest offshore rig contractor revealed that billionaire investor, Carl Icahn has acquired a 1.56 percent stake in the company and is considering to expand his holding in the company.
Duff & Phelps Corp. (NYSE: DUF), a New York City-based provider of independent financial advisory and investment banking services, announced over the weekend that it signed a definitive merger agreement under which a private investor consortium will acquire the company for $15.55 per share in cash.