Here’s a look at some of the companies the Yahoo Finance team will be watching for you.
The Finish Line (FINL) tops our list. Shares of the retailer are on the move after posting earnings in line with estimates but missing on same store sales for its fourth quarter. The company’s CEO says sales fell due to a difficult selling environment. Earlier this week, shares soared after Finish Line agreed to be acquired by JD Sports Fashion.
Exchange operator CME Group (CME) is buying UK based fin-tech firm Nex Group for $5.5B. According to Nex’s founder and CEO, this would be the first time investors could access cash, futures trading and over-the-counter services through one provider.
Tesla (TSLA) is clawing back small gains after this week’s nasty selloff. Moody’s Investors Service downgrades Tesla’s credit, citing doubts about its Model 3 production schedule and saying it may have to borrow more in the near future. All this uncertainty comes as investors await next week’s earnings report.
Apple’s (AAPL) augmented reality push seams to be paying off. According to new data, more than 13 million ARKit only apps have been installed on iOS devices since it launched six months ago.
Facebook (FB) says it is shutting down an advertising tool that allows marketers to tap data from people’s lives outside of Facebook to target them on the platform. The company declined to say how this would impact its ad revenue. Facebook is trying to ease concerns about its data privacy after a third party vendor harvested information from 50 million Facebook users to reportedly influence the 2016 presidential election.