Splunk, Blackstone, Aerojet Rocketdyne and more

Take a look at some of the biggest movers in the premarket: Splunk (SPLK) – Cisco Systems (CSCO) made a more than $ 20 billion takeover bid for the cloud software company, according to people familiar with the matter who spoke to The Wall Street Journal. A deal of that size would represent the networking … Read more

Fed rate debate, Ukraine tensions could jolt markets in the week ahead

Traders on the floor of the NYSE, Jan. 25, 2022. Source: NYSE Stocks are likely to be volatile in the week ahead as investors watch tensions between Russia and Ukraine and debate how quickly the Federal Reserve can raise interest rates. Markets were roiled in the past week and bond yields spiked after a hot … Read more

Under Armor, Zillow, Expedia and others

Check out the companies making headlines before the bell: Under Armor (UAA) – The athletic apparel maker reported an adjusted quarterly profit of 14 cents per share, doubling consensus estimates, with better-than-expected revenue. Under Armor saw strong demand for its athletic wear and was also helped by higher prices implemented to counter increased costs. However, … Read more