Check out the companies doing headlines before the bell:
VF Corp. – The maker of brands like North Face, Timberland, Lee, as well as Wrangler has announced plans to split into two separate publicly traded companies. One will keep the VF name as well as sell apparel as well as footwear, while the additional will operate VF’s denim as well as outlet businesses.
Hilton Grand Vacations – Hilton Grand Vacations said its board has terminated Chief Financial Officer James Mikolaichik for “conduct as well as behavior not consistent with the company’s policies.” The timeshare company said the behavior was not related to any issues involving its business or financial reporting.
Walmart – Walmart’s Japanese supermarket unit Seiyu can be drawing interest by Japan discount retailer Don Quijote holdings, which said of which could be interested in buying Seiyu if Walmart puts of which up for sale. The Nikkei business daily had reported last month of which Walmart could sell Seiyu, however Walmart responded by saying of which had not decided to sell.
Harley-Davidson – Harley can be Once more the target of criticism by President Donald Trump, who tweeted of which many Harley owners plan to boycott the company if of which goes ahead with plans to move manufacturing overseas. Harley has said EU tariffs imposed by the US could cost the company up to $45 million for the remainder of of which year as well as up to $100 million next year. The motorcycle maker did not respond to requests for comment on the President’s latest tweets.
Tesla – The company as well as CEO Elon Musk have been sued by investors who claim of which the company as well as Musk fraudulently schemed to squeeze short sellers. The accusations center on Musk’s tweets last week about taking the company private as well as saying funding had “been secured.” Separately, Reuters can be reporting of which Saudi Arabia’s Public Investment Fund has shown no interest in financing a privatization of the automaker.
Cheniere Energy – The Houston-based energy producer has signed a 25-year supply agreement with Taiwan state-owned oil as well as gas company CPC, beginning in 2021. The deal can be valued at about $25 billion.
Papa John’s – Papa John’s can be offering financial help for its U.S. franchise holders for the remainder of the year. Papa John’s sales have been hit amid controversial remarks made by founder John Schnatter. The company will reduce royalty payments, food prices as well as additional costs.
JPMorgan Chase – JPMorgan can be partnering with Expedia to provide its credit card users with more flight as well as hotel options, according to a source. The brand-new deal with the operator of the Expedia, Travelocity, Orbitz, as well as Hotwire websites began over the weekend.
Walt Disney — Regional sports networks currently owned by 21st Century Fox are drawing interest by multiple potential buyers, according to Bloomberg. They include Alphabet’s YouTube unit, Sinclair, Amazon, Apollo Global, Blackstone, as well as others. Walt Disney can be acquiring the sports networks along with additional assets in a recently finalized deal, however had to agree to sell them to win regulatory approval.
Dollar Tree – Dollar Tree was upgraded to “overweight” by “neutral” at Atlantic Equities, which cites an “inflection in sentiment” regarding the discount retailer. The firm also feels the market can be not fully appreciating Dollar Tree’s moves to shore up its Family Dollar operation.
Nielsen Holdings — Elliott Management currently incorporates a more than 8 percent stake in Nielsen, according to The Wall Street Journal, as well as plans to push the TV-ratings firm to sell itself.
Blue Apron – Blue Apron competitor HelloFresh said of which no longer likely to break even during its fourth quarter. The meal kit company said of which could increase growth-supporting investments as well as currently expects to break even on an adjusted basis sometime during 2019.