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Company News for Jul 7, 2020

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  • Berkshire Hathaway Inc.'s (BRK.B - Free Report) shares gained 2.2% after agreeing to buy natural-gas transmission and storage assets of Dominion Energy Inc. (D - Free Report) for nearly $10 billion including debt.
  • Shares of Uber Technologies Inc. (UBER - Free Report) surged 6% following its decision to acquire food-delivery service provider Postmates for around $2.65 billion.
  • Shares of Regeneron Pharmaceuticals Inc. (REGN - Free Report) rose 0.8% following the initiation of phase 3 clinical trial testing an antibody cocktail for the potential treatment of COVID-19.
  • SINA Corp.'s shares jumped 10.6% after the company disclosed receiving a nearly $2.68 billion buyout bid from New Wave MMXV Ltd.


 


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