Facebook, Amazon, Gilead, Boeing, GE and more



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Discover the companies that make the headlines before the bell:

Facebook – Facebook is about to solve the problem with the Federal Trade Commission by paying a fine of $ 5 billion. The Federal Trade Commission has conducted a survey of Facebook's privacy practices.

Amazon.com – Amazon.com has launched its fifth annual "Prime Day", which expands this year to 48 hours. The event kicked off at 3 pm ET and Jefferies analysts said the event would see Amazon add new Prime members, despite an increase in annual fees.

Gilead Sciences – The drug maker is investing $ 5.1 billion to increase its stake in the Belgian-Dutch biotechnology company Galapagos. Gilead will also expand its partnership with Galapagos by agreeing to develop and market its drugs over a 10-year period.

Boeing – The Boeing 737 Max jet aircraft could remain in place until 2020, according to government and industry representatives who spoke at the Wall Street Journal. American Airlines extended its flight cancellations involving the jet until early November, the fourth time.

General Electric – The action "UBS" has been downgraded to "neutral", which evokes a valuation, a decline in interest rates and persistent weakness in the electricity market.

Carrizo Oil & Gas – The oil and gas company will be acquired by Callon Petroleum as part of a $ 3.2 billion all-stock transaction, or $ 13.12 per Carrizo share. This represents a premium of 24% over the closing price of $ 10.50 set on Friday at closing by Carrizo.

Tiffany – Tiffany has been downgraded to "neutral" versus "buy" at Citi due to short-term dynamics concerns, despite what Citi sees as good long-term progress from Citi the direction of the luxury goods retailer.

Crocs – Crocs has been upgraded to become "overweight" compared to "neutral" at Piper Jaffray, based on the belief that the shoe manufacturer has experienced significant traffic.

Molson Coors – Bank of America / Merrill Lynch downgraded beer brewer to "underperforming" versus "buy" performance and reduced its stock price target to $ 70 per share from $ 70 per share . The company is concerned that Molson Coors will need to increase its spending to stabilize its market share of leading brands and to accelerate its investment in high-end segments.

International Speedway, Speedway Motorsports – Both shares were downgraded to Wells Fargo to "underperform" by "market perform", indicating a lack of upside potential given current buyout offers for both car operators race. The report also notes that Nascar's popularity is "maturing" and that the aging infrastructure will require substantial investment.

Slack Technologies – Slack was deemed "overweight" in Barclays' new hedge on revenue growth prospects, despite what it calls a "demanding" valuation of the enterprising messaging system provider.

Sealed Air – Sealed Air has been downgraded to "underweight" versus "industry weighting" at KeyBanc, suggesting a trend of higher volumes for the industrial gas producer as well as the degree of leverage in the balance sheet.

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