Here’s a look at some of the companies the Yahoo Finance team will be watching for you today.
AT&T (T) is buying online ad seller AppNexus. AT&T hasn’t announced a purchase price, but it could top $1.5B. The deal could help AT&T challenge Google (GOOG) and Facebook (FB) in the online ad world.
General Electric (GE) is selling off another of its iconic businesses. The company just struck a deal to sell off its industrial engines unit, for $3.25B. The buyer – private equity firm Advent. The sale would bring much needed cash to GE, as CEO John Flannery tries to turn the business around.
Harley-Davidson (HOG) is making moves to get around the latest European tariffs. The motorcycle maker says it plans to shift some production to the EU. It says that’s the only quote “sustainable” option to keep the bikes affordable for European buyers. For now, Harley says it will absorb rising costs in this country brought on by the trade war.
Apple (AAPL) is offering a free fix for some MacBooks and their sticky keyboards. The company says it will repair models dating back to 2015, including MacBook Pros, that have malfunctioning keyboards. That could mean replacing the whole keyboard, or just certain keys. Apple is facing at least 3 lawsuits over the faulty keyboards.
Beer giant Molson Coors (TAP) may be looking to get into the marijuana business. BNN Bloomberg says the company has held talks with several Canadian pot companies. That could mean working together on a cannabis-infused beverage. Canada recently passed legislation legalizing recreational marijuana. It is expected to take effect in October.