Northrop Grumman, Orbital ATK, Scorpio Tankers and Neos Therapeutics - AFTER HOURS

With US stocks seen higher, several stocks are in play in pre-market deals, including Northrop Grumman Corp (NYSE:NOC)  and aerospace manufacturer Orbital ATK Inc (NYSE:OA).

It was reported  Northrop is nearing a deal to buy the rival firm Orbital ATK (NYSE:OA) in a deal valued at around $7.5bn.

Scoop: Northrop Grumman is nearing a deal to buy Orbital ATK for more than $7.5B. https://t.co/uMu17nh66E $OA $NOC

— Dana Mattioli (@DanaMattioli) 17 September 2017

The transaction that could be announced as soon as Monday, according to one person , said to be familiar with proceedings.

Orbital shares surged  over 19%  to $131.51 after hours.

Elsewhere,Neos Therapeutics Inc ( NASDAQ:  NEOS) shares  shed 4.35% to $8.80 after hours as it reported that it had received the key FDA approval for Adzenys ER. Shares closed 2.22% higher on Friday.

Also ion focus on Monday, Steelcase Inc (NYSE:SCS) shares added 1.79%  on Friday ahead of today, where it is expected to post quarterly earnings of $0.23 per share on revenue of $759.83 million after the closing New York bell.

Meanwhile, Scorpio Tankers Inc (NYSE: STNG) shares lost 2,.23% on Friday . It is  expected today to post a quarterly loss at $0.06 per share on revenue of $132.35 million before the opening bell.

Story by ProactiveInvestors