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Must Watch Stocks for August 22, 2016

Must Watch Stocks for August 22, 2016 - Lowe's Companies, Inc. NYSE:LOW, Premier Inc. NASDAQ:PINC

Some of the stocks that may grab investor focus today are:

  • Pfizer Inc. PFE is close to a deal to acquire Medivation Inc MDVN for about $14 billion or approximately $80 per share, according to sources as reported by Financial Times on Sunday. Celgene Corporation CELG, Gilead Sciences, Inc. GILD and Sanofi SA (ADR) SNY also were said to be bidding for Medivation. Pfizer shares slipped 0.09 percent to $34.95 in after-hours trading, while Medivation shares gained 0.07 percent to $67.21 in the after-hours trading session.

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  • Analysts are expecting Premier Inc PINC to have earned $0.39 per share on revenue of $300.28 million in the latest quarter. Premier will release earnings after the markets close. Premier shares dropped 0.09 percent to $32.81 in after-hours trading.

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