Fear is gripping Wall Street as stocks sell off. Plus—Warren, Jamie and Jeff—have these super CEOS figured out how to solve health care? And Apple’s week is getting a lot worse. We have the latest news hitting the stock. Plus, former NFL star Shawn Merriman is here to talk the big game and his business.
Winners and losers
Stocks in the red include Rambus as the chipmaker gave a weaker-than-expected forecast; Revlon as CEO Fabian Garcia will step down from his post in February; and Harley Davidson, with shares stuck in reverse after the motorcycle-maker said shipments would drop this year, even after 2017 shipments were the lowest in 6 year.
Stocks in the green include Callidus Software as SAP will buy the cloud software firm for $2.4 billion; Autoliv as the auto parts maker’s forecast topped estimates; and Thomson Reuters, with shares pulling higher after Blackstone agreed to purchase a 55% stake in Thomson Reuters’ financial and risk business.
Shawne Merriman on the Super Bowl
It’s Super Bowl week, and it comes after a rough year for the NFL. Rather than hearing financial journalists discuss it, we wanted to talk to someone who’s been on the field: NFL veteran and 3-time all-pro Shawne Merriman.