World News – USA – Stocks Making The Biggest Moves In The Pre-Market: IAC / Interactive, Ford, Eastman Kodak & More

Alphabet (togetL) â ???? Alphabet’s Google unit has removed several IAC / Interactive (IAC) Chrome browser extensions for so-called « policy violations ». « Google told CNBC that it was reviewing » enforcement options, « while IAC said it had worked closely with Google over the past year on a comprehensive review and approval of its entire Chrome line of products. IAC Shares Down More Than 3% In Premarket Trading.

Ford Motor (F) â ???? Ford is delaying rollout of its new Bronco SUV until summer due to pandemic issues at its suppliers. The vehicle was due to debut in the spring, and Ford said it had more than 90. 000 customers pre-ordered the new Bronco. The automaker’s shares fell 1% in the pre-market.

Cisco Systems (CSCO) â ???? The network equipment maker is buying London-based cloud communications software company IMImobile for $ 730 million in cash, including assumed debt.

Tyson Foods (TSN), Sanderson Farms (SAFM) from Pilgrim’s Pride (PPC) â ???? Privately owned Tyson, Pilgrim’s Pride, Sanderson, and Perdue Farms have been sued by Chick-fil-A restaurant chain, which accused poultry producers of conspiring to artificially raise chicken prices. Tyson and Perdue both said the claims were unfounded. Company shares were slightly lower in the pre-market.

Apple (AAPL) â ???? According to a Bloomberg report, Apple is planning a new line of Mac processors that will outperform Intel’s fastest chips. The new chips could hit the market as early as 2021.

Eastman Kodak (KODK) â ???? A state surveillance agency found no malpractice in Eastman Kodak’s proposed loan to manufacture pharmaceutical ingredients for the U.. S.. . Government, a transaction that has been halted because of the controversy surrounding it. The deal broke up amid questions about how Kodak passed the loan on to investors, which led to an investigation by the Securities and Exchange Commission. Company Shares Soaring 70% on the Pre-Market News.

Pfizer (PFE) â ???? Pfizer applied for emergency approval for its Covid-19 vaccine in India, which has the second highest number of infections in the world. A senior government health advisor told an India-based television station that the Pfizer vaccine could be approved much faster than the typical 90 days. The shares of the drug manufacturer have hardly changed in premarket trading.

Hershey (HSY) â ???? Hershey and Ivory Coast regulators resolved a disagreement over Hershey’s cocoa sourcing that had resulted in a suspension for the chocolate maker. Hershey was accused of avoiding premium payments to alleviate farmers’ poverty.

JD. com (JD) â ???? The China-based e-commerce company said it was the first online platform to accept China’s new digital yuan, a domestic cryptocurrency.

Walmart (WMT) â ???? The retail giant is exploring a U. . S.. . IPO for its India-based online retailer Flipkart, which would raise around $ 10 billion, according to Indian financial newspaper Mint.

Exxon Mobil (XOM) â ???? Exxon Mobil is at risk of a proxy battle by activist Investor Engine No.. . 1, a newly formed investment firm. The company sent a letter urging Exxon to focus more on investing in clean energy while cutting other costs in order to receive the dividend. Exxon shares were from Jan.. 5% in the pre-market.

Lyft (LYFT) â ???? Piper Sandler has upgraded the hail service from neutral to overweight on a number of factors including valuation and cost reductions. Piper also raised its target price on the stock from $ 39 per share to $ 61 per share.

Teladoc Health (TDOC) â ???? The telemedicine company was downgraded from « overweight » to « equal weight » at Stephens. The company notes that Teladoc is likely to continue receiving inpatient visits, but will also face increasing competition.

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Kodak, Stock, Finance, NYSE: KODK