Australia Markets closed

Stocks - Hasbro, Tesla, HP Fall Premarket; Salesforce Rises - Stocks in focus in premarket trading on Friday:

• Hasbro (NASDAQ:HAS) stock fell 4.3% in premarket trade by 8:20 AM ET (12:20 GMT) after announcing a $4 billion bid for U.K.-based Entertainment One (LON:ETO), the studio that owns the rights to children's TV character Peppa Pig.

• HP (NYSE:HPQ) stock slumped 9% after it announced that well-respected CEO Dion Weisler is stepping down for family reasons. It also said printing revenue fell in the third quarter, triggering fears for its highest-margin business.

• Tesla (NASDAQ:TSLA) stock slipped 1.4% after reports that China plans to impose a 25% import tariff on U.S. autos from December.

• Salesforce (NYSE:CRM) stock climbed 5.7% after it raised its full-year forecast and posted record results, with revenue rising 22% to $4 billion.

• Foot Locker (NYSE:FL) stock tumbled 12% after its earnings missed estimates, as sales failed to increase as much as expected.

Related Articles

Stock futures turn sharply lower after China threatens tariffs on U.S. goods

Fiat, Starbucks Next Up for EU Court Rulings on Tax Bills

Brazil police raid investment bank BTG Pactual, target founder Andre Esteves