div > div.group > p:first-child"> Citigroup — The bank's stock fell 1% after reporting mixed quarterly results. Citigroup's earnings per share topped analyst expectations as the company repurchased more than $4 billion in stock. However, revenue fell amid a drag in equity-market trading.
Levi Strauss — The jeans maker's stock rose 1.4% after analysts at J.P. Morgan initiated it with an overweight and set a $26 year-end price target."We view the combination of a strong tenured management team led by CEO C. Bergh and brand heritage … as a competitive advantage in expanding to a global lifestyle brand," J. P. Morgan said in a statement.
Waste Management — Shares of Waste Management rose 1.6% after the company announced plans to buy smaller rival Advanced Disposal Services for about $3 billion. The top waste management service company would pay $33.15 per share in cash for Advanced Disposal, in a move to expand its footprint in the eastern United States.
Spotify Technology — Spotify dropped more than 5% after reports said Amazon is in talks to launch a free music streaming service. Billboard, citing sources familiar with the matter, reported the ecommerce giant would make the service available as soon as next week through its Echo speakers. Amazon's move would put pressure on music-streaming giant Spotify, which has a freebie option that lets users listen to select albums.
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