Stocks to Watch Tuesday: Live Nation, Bank of America, J&J
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Live Nation Faces Pending Lawsuit from Justice Department #
Shares of Live Nation, the parent company of Ticketmaster, saw a decline in after-hours trading following reports from a well-known publication that the Justice Department is planning to sue the company next month.
International Paper to Acquire DS Smith in $7.2 Billion Deal #
International Paper, a Tennessee-based paper giant, has entered into an all-stock deal to acquire DS Smith, a British packaging company, for a value of $7.2 billion. Upon completion of the deal, International Paper intends to pursue a secondary listing on the London Stock Exchange. Subsequently, DS Smith shares fell over 2% in the UK market.