Some of the names on the move ahead of the open.
div > div.group > p:first-child"> Anadarko Petroleum — Anadarko agreed to be acquired by Chevron in a cash-and-stock deal worth $33 billion, or $65 per share. The deal represents a 39% premium over Anadarko's Thursday closing price, and it could provide a boost to shares of Anadarko competitors like Pioneer Natural, Devon Energy, and Apache.
Apple — Apple was downgraded to"sell" from"neutral" at New Street Research, which said the Street is too optimistic about iPhone replacement rates among other factors. Toyota — The automaker told Reuters it has been contacted by more than 50 companies since announcing free access to various electric vehicle patents last week.
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