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Company News For January 4, 2018

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  • General Motors Company’s (GM - Free Report) shares increased 2.4% after sales volumes in 2017 totaled 4.04 million vehicles, increasing 4.4% from the year-ago period
  • Shares of Southwest Airlines Co. (LUV - Free Report) declined 2.1% after the carrier announced bonus worth $1,000 per employee following the recent tax overhaul
  • SCANA Corporation’s shares jumped 22.6% after the company agreed to an all-stock acquisition by Dominion Energy, Inc. (D - Free Report) for $7.9 billion
  • Shares of MoneyGram International, Inc. slumped 9% after the company’s acquisition by Alibaba Group (BABA - Free Report) affiliate Ant Financial Services was rejected by U.S. regulators