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Express Scripts Holding, Kroger and Navistar International - PRE-MARKET

A look at some significant pre-market trade in New York ahead of the bell

A look at pre-market deals in New York

In pre-market deals, Express  Scripts Holding Co (NASDAQ:ESRX)  saw shares zoom up over 17% to US$85.99  after it emerged that health insurer Cigna Corp plans to buy the company in a cash-and-stock deal worth US$52bn, excluding debt.

The companies say the deal will expand their health care offerings and help them control costs.

Cigna Corp shares  shed  4.76% in pre-market to stand at US$185 each.

Elsewhere, Navistar International Corp (NYSE:NAV), the truck maker, saw shares lose 0.11% to US$37 each as it raised its full-year revenue and truck delivery forecasts amid strong market demand.

Also, in pre-market, Kroger Co (NYSE:KR) was in focus, after the grocery store operator's full-year guidance fell short of expectations. 

Identical-store sales including fuel were up 2.7% during the fourth quarter to fall short of consensus for a 4.8% rise

Quick facts: Express Scripts

Price: - -

Market: NASDAQ
Market Cap: -

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