Finance

Stocks making the biggest moves premarket: Macy’s, Boeing, Archer-Daniels-Midland and more

Check out the companies making headlines before the bell. Macy’s – Shares of the department store giant added 2% in premarket trading after the company over the weekend rejected a $5.8 billion proposal by Arkhouse Management and partner Brigade Capital Management to take the retailer private. Macy’s cited concerns over deal financing and valuation. Boeing…

Finance

‘We have scouts all over the world’: Former NBA All-Star Danny Ainge takes a money shot for global talent

The Utah Jazz is casting its net wide for international players.  “We have scouts all over the world — almost every basketball country throughout the world,” Danny Ainge, the team’s CEO and governor, told CNBC’s “Halftime Report” on Friday. The two-time champion of the National Basketball Association and former NBA All-Star highlighted having scouts in…

Finance

Stocks making the biggest moves premarket: Discover Financial Services, Spirit Airlines, Humana, Hertz and more

Check out the companies making headlines before the bell. Discover Financial Services — The financial services stock dropped more than 7% after posting mixed fourth-quarter results. Discover topped revenue expectations but posted a decline in earnings from a year ago as it took a large provision for potential loan losses. The company earned $1.54 per…