Check out the companies making headlines before the bell. Wyndham Hotels & Resorts , Choice Hotels — Choice Hotels dropped 2.3% after the hotel chain proposed buying Wyndham Hotels & Resorts for $90 per share, valuing Wyndham at roughly $7.8 billion. Wyndham's stock popped 15% on news of the offer. Bank of America — The bank rose 1% premarket after third-quarter results topped Wall Street expectations. Charlotte, NC-based BofA reported 90 cents in earnings per share on $25.
37 billion in revenue in the quarter, exceeding analysts' estimates on both lines. Consensus estimates from LSEG came to $1.15 earned per share and $4.33 billion in revenue. Johnson & Johnson -- Shares of the multinational drug and medical equipment maker gained nearly 2% after third-quarter earnings and sales topped analyst estimates. J & J posted adjusted earnings per share of $2.66 on $21.35 billion in revenue, while analysts polled by LSEG forecast an adjusted $2.52 and $21.
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Source: WSJ - 🏆 98. / 63 Read more »