Square Inc., the payments startup co-founded by Twitter Inc. (NYSE:TWTR) Chairman Jack Dorsey, has authorized a tender offer of 1 million shares at $135.28 each, valuing the closely held company at $5 billion, people with knowledge of the matter said. Twitter Inc (NYSE:TWTR) stock opened at $59.98 in last session, and closed at $57.82, while the day range of stock is $57.29 – $60.38. The stock showed a negative weekly performance of -12.78%.
Macy’s Inc. (NYSE:M) plans to lay off more than a quarter of its 585 employees at its operations and logistics center on Knotter Drive in Cheshire. Macy’s, Inc. (NYSE:M) stock opened at $56.11, in last session and closed at $55.26, by losing -1.04%. The 52 week range of the stock is $36.75 – $56.65. Company’s market capitalization is $20.36 billion.
In a report published Monday, Morgan Stanley analyst Keith Weiss upgraded Autodesk, Inc. (NASDAQ:ADSK) to Overweight from Equal-weight, changing its price target to $60.00 from NA. Autodesk, Inc. (NASDAQ:ADSK) stock advanced 0.19% and finished the last session at $51.57. The EPS of the stock remained 1.09. Company’s market capitalization is $11.63 billion.
Ford Motor Company (NYSE:F) unveiled the 2015 F-150, whose body is 97 percent aluminum, on Monday. The lighter material shaves as much as 700 pounds off the 5,000-pound truck, a revolutionary change for a vehicle known for its heft and an industry still reliant on steel. No other vehicle on the market contains this much aluminum. Ford Motor Company (NYSE:F) stock opened the session at $16.37, and closed the session at $16.11. The 52 week range of the stock remained $12.10 – $18.02 and the day range was $16.08 – $16.53.