Following the market opening Tuesday, the Dow traded up 0.08% to 35,942.26 while the NASDAQ rose 0.18% to 15,624.19. The S&P also rose, gaining 0.24% to 4,624.80.
Rogers Corporation (NYSE:ROG) announced today that it has entered into a definitive merger agreement to be acquired by DuPont (NYSE:DD) in an all-cash transaction that values Rogers at approximately $5.2 billion.
The
Companies Reporting Before The Bell
• Thomson Reuters (NYSE:TRI) is expected to report quarterly earnings at $0.48 per share on revenue of $1.86 billion.
DuPont de Nemours Inc.’s (NYSE: DD) stock has lost 3% since its December peak versus 17% gains in the sector during the same period and appears to have been “over-driven to the downside,” according to JPMorgan.