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Stocks making the biggest moves premarket: Kraft Heinz, IBM, CBS, Tesla, Boeing & more

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These are the stocks posting the largest moves before the bell.

IBM said the Justice Department has concluded its review of its proposed acquisition of Red Hat without imposing any conditions. IBM said it expects to close the deal for Linux software distributor in the second half of the year.CBS announced that Norah O'Donnell would succeed Jeff Glor as anchor of its flagship CBS Evening News program.

Berkshire saw operating profit rise to $5.56 billion during the first quarter from $5.29 billion the prior year. The earnings report was released prior to Berkshire's widely followed weekend annual meeting.Occidental Petroleum increased the cash portion of its $38 billion cash-and-stock bid for Anadarko, as it seeks to convince Anadarko to abandon its deal to be acquired by Chevron.

 

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Why doesn't cnbc report on the $2 billion that FCA is paying Tesla to pool cars?

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Kraft Heinz to restate earnings for 2016 and 2017Kraft Heinz will restate its financial statements for 2016 and 2017, the company said in a filing with the Securities and Exchange Commission on Monday.
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