Schaeffer's Trading Floor Blog

Buzz Stocks: Google Inc, BlackBerry Ltd, Aaron's, Inc., and Motorola Solutions Inc

Today's stocks to watch in the news include GOOGL, BBRY, AAN, and MSI

by 4/15/2014 9:28 AM
Stocks quoted in this article:

Following a pair of better-than-expected earnings reports from Dow components Johnson & Johnson (NYSE:JNJ) and The Coca-Cola Company (NYSE:KO), stocks are pointed slightly higher in pre-market trading. In company news, here are some stocks to watch today:

  • Google Inc (NASDAQ:GOOGL) has agreed to buy Titan Aerospace, with the intent of using the startup's solar-powered drones to help collect aerial images. Facebook Inc (NASDAQ:FB) had previously courted Titan Aerospace, but instead bought U.K.-based aerospace firm Ascenta. (USA Today)

  • BlackBerry Ltd (NASDAQ:BBRY) announced it has bought a minority stake in health care IT company NantHealth. The two firms are reportedly working toward developing a smartphone to meet the specific needs of health care professionals, including the ability to view 3D images and CT scans while on the go. (FOX Business)

  • Aaron's, Inc. (NYSE:AAN) is purchasing rent-to-own financing issue Progressive Finance Holdings from Summit Partners for $700 million in cash. Separately, AAN announced it has rejected a $30.50-per-share takeover bid from Vintage Capital Management. (AP, via Bloomberg Businessweek)

  • Supply chain specialist Zebra Technologies Corp. (NASDAQ:ZBRA) said it will buy Motorola Solutions Inc's (NYSE:MSI) enterprise unit -- which specializes in barcode scanners, tablets, and rugged mobile computers -- for $3.45 billion in cash and debt. MSI CEO Greg Brown added that his company intends to return the proceeds of the transaction to shareholders, as soon as the deal closes. (Reuters, via Chicago Tribune)

  • Also, JNJ and KO reported quarterly earnings. (CNBC; Reuters)

  • Finally, the Dutch 14-year-old who was arrested for a threatening tweet against American Airlines Group Inc (NASDAQ:AAL) has been released from prison. However, the teen's Twitter Inc (NYSE:TWTR) followers won't be hearing from her any time soon; her account has been suspended. (Mashable)


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