Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.
Etsy (ETSY) stock surged in early trading on news that private-equity firms TPG Group and Dragooneer Investment Group took stakes in the online crafts retailer and are pressuring it to put itself up for sale.
Ford (F) shares were slightly higher following reports that the automaker plans to reduce its workforce in North America and Asia by about 10%. This comes as it looks for ways to improve profits and boost its sagging stock price.
Staples (SPLS) delivered first-quarter earnings that matched estimates, while revenue slightly missed expectations and same-store sales fell less than analysts were expecting.
Dick’s Sporting Goods (DKS) sank in early trading after the sporting goods retailer reported disappointing same-store sales for the first three months of the year. The company cites a challenging retail environment for the miss.
Finally, we are watching several stocks owned by Warren Buffett’s Berkshire Hathaway after public filings revealed Buffett boosted his stake in American Airlines (AAL) by 8% to more than $2 billion and added to his holdings of Southwest Airlines (LUV). On the flip side, Berkshire reduced its stake in Delta Airlines (DAL) and dumped its stock in 21st Century Fox (FOXA).