JCPenney (JCP) — JCPenney kicked off in-store Black Friday on Thanksgiving Day, opening its doors at 3 p.m. to long lines of shoppers. This year, the retailer offered to match customer purchases of over $10 and up to $500.
Wal-Mart (WMT) — The retailer’s shares edged higher in pre-market trading as Wal-Mart began offering Cyber Monday deals on Friday, coming off the announcement that it would significantly increase its online inventory. In other news, A Federal jury late Wednesday found that Wal-Mart failed to pay hundreds of California truck drivers minimum wage and awarded them $54 million in damages.
Amazon.com (AMZN) — Amazon’s shares rose slightly in thin pre-market trading as the online retailer offered a range of discounted electronics and other amenities to Black Friday shoppers.
Macy’s (M) — The department store welcomed some 16,000 shoppers to its Herald Square flagship location when it opened at 5 p.m. on Thursday, 1,000 more than last year.
Target (TGT) — Target saw its biggest day ever, experiencing double-digit growth as millions of shoppers visited its stores in-person and online to take advantage of some of the best deals the retailer has ever offered on select items. Shares inched higher in pre-market trading.
Nordstrom (JWN) — The fashion retailer opens at 8 a.m. on Black Friday, offering discounts of over 50 percent on select items like shoes and dresses.
Wells Fargo (WFC) — Wells Fargo asked a U.S. court to ask dozens of customers suing the bank for sales malpractices to resolve their disputes in private settlements outside of court.
Lufthansa — The German airline cancelled 830 flights in the third day of a pilots’ strike, bringing the total cancelled flights to over 2,600. Approximately 315,000 passengers have been affected.
Deutsche Bank AG (DB) — House Democrats warned federal watchdog agencies that President-elect Donald Trump might give special treatment to Deutsche Bank, the only major Wall Street institution that lends to him. The bank is in the midst of seeking a $14 billion settlement with the Justice Department.
Johnson & Johnson (JNJ) — The health care giant approached a Swiss biotechnology company, Actelion Limited, about a possible acquisition, Bloomberg reported Thursday.
Yum China (YUMC)— The newly spun off China unit of Yum Brands is in talks to purchase Daojia.com, a China-based food delivery company, for $200 million, according to Reuters.
Deere & Co. (DE) was upgraded to ‘Neutral’ from ‘Underperform’ at Longbow Research.
Molson Coors (TAP) was downgraded to ‘Neutral’ from ‘Buy’ at Bryan Garnier.
Eli Lilly (LLY) was downgraded to ‘Neutral’ from ‘Overweight’ at Atlantic Equities LLP.
Juno Therapeutics (JUNO) was downgraded to ‘Hold’ from ‘Buy’ at SunTrust.
Ctrip.com (CTRIP) reported Q3 adjusted EPS of 17 cents, better than consensus of 11 cents, and said it will buy Skyscanner in a $1.74 billion deal.
Lockheed Martin (LMT) received a $1,28 billion down payment from the Pentagon to continue production of the F-35 jet while negotiations continue a contract for 90 aircraft, worth as much as $7.19 billion.
Insteel Industries (IIIN) jumped over 5% in after-hours trading after it was announced that it will replace Littelfuse in the S&P SmallCap 600 Index as of the close of trading Monday, November 28.
Airgain (AIRG) fell 5% in after-hours trading after it announced a release of lock-up restriction on shares of common stock that will take effect after the close of trading Monday, November 28 and it will offer $40 million shares on behalf of selling holders.
Corbus Pharmaceuticals Holdings (CRBP) dropped almost 7% in after-hours trading after it filed an agreement to offer as much as $35 million in common stock via Cantor Fitzgerald.