[video] FireEye to Buy Mandiant for Nearly $1 Billion, Ford to Announce Solar Car at CES
Written by: Jonathan Marino
Tickers in this article: F FEYE NKE
NEW YORK (TheStreet) -- Cybersecurity firm FireEye
Good morning from a snowy Times Square and the Nasdaq MarketSite. I'm Jon Marino on January 3 with your global market update.
At this hour, U.S. futures are slightly down as we head into the open. Taking a look at our international markets on our overseas panel, right now the FTSE is up one-tenth of a point, the DAX midday up four-tenths of a point, the CAC 40 up about a half point midday, and the Nikkei is not trading today.
Back here at the Nasdaq board the top stock to watch this morning is Fireye, regardless of how cold it is outside. Shares popped 20 percent after the bell when the company said it will buy cybersecurity firm Mandiant in a transaction worth nearly $1 billion. Fireye went public in the second half of last year. Since then the stock has gained about 14 percent since its debut.
Another stock to watch this morning is Ford. Plenty of news coming out. The automaker is expected to report December sales later today and the street is looking for an increase of about six percent. And next, at the Consumer Electronics Show in Las Vegas, Ford will debut a hybrid electric car that runs off of a solar panel on top of the vehicle. Ford shares were up about 20 percent in 2013.
Our final stock this morning, an action alert pick from Jim Cramer. Jim is looking to sneaker and apparel company Nike
That's a wrap for us this morning but be sure to follow the latest breaking news and video updates at TheStreet.com. We'll be back at the Nasdaq MarketSite on Monday with more. I'm Jon Marino, have a great weekend.
Written by Jon Marino in New York.