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5 things to know before the stock market opens Wednesday

運営事務局 JIMOPLE 71 November 6, 2019
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the closing bell on October 2, 2019 in New York City.
Walgreens is testing a health-focused concept at a store in Deerfield, Illinois.

Walgreens Boots Alliance, a Dow component, is exploring going private in what could be the largest leveraged buyout in history. KKR is one of the firms interested in the deal, sources told CNBC. For Walgreens, a deal to go private would be a chance to get out of the public spotlight as Democratic presidential candidates propose changes to the U.S. health-care system. Shares of Walgreens have declined about 22% over the past 12 months.

SoftBank Group founder, chairman and CEO Masayoshi Son announces his group's earnings results on May 9, 2019, in Tokyo.

Japan's SoftBank reported a quarterly loss far larger than estimates, hit by the falling valuations of some of its biggest tech bets such as WeWork and Uber. "My investment judgment was poor in many ways and I am reflecting deeply on that," said Softbank founder Masayoshi Son. Most Uber investors on Wednesday get their first opportunity to sell following May's IPO at $45 per share. Uber plunged nearly 10% to about $28 per share on Tuesday after issuing an over $1 billion quarterly loss.

A Xerox banner outside the New York Stock Exchange on Jan. 23rd, 2018.

Shares of HP were jumping about 8% in the premarket on word that Xerox is considering a cash-and-stock offer for the much larger PC and printer maker. The Wall Street Journal reports that Xerox has an informal funding commitment from a major bank. As of Tuesday's close, Xerox had a market value of just over $8 billion, less than a third of HP's $27 billion. Last month, HP said it will cut 7,000 to 9,000 jobs by the end of fiscal 2022 as part of a broader restructuring.

President Donald Trump delivers remarks at a Keep America Great Rally at the Rupp Arena in Lexington, Kentucky, November 4, 2019.

The three congressional committees are calling high-ranking Trump officials, including outgoing Energy Secretary Rick Perry, to testify Wednesday in the impeachment inquiry into the president's actions regarding alleged pressure put on Ukraine to investigate rival Joe Biden. As USA Today points out, the officials may not show because their departments previously said they would not cooperate. Democratic impeachment investigators want to hear from acting White House chief of staff Mick Mulvaney on Friday, though he's also unlikely to appear.