PARIS, July 19 (Reuters) – Key stocks to follow on Wall Street on Tuesday:
* Twitter accused Elon Musk of dragging its feet on Monday as the company began pressuring the tycoon to complete its $44 billion acquisition, according to a document that requested a hearing in September to defend the terms of the deal.
* IBM on Monday reported better-than-expected quarterly revenue, but warned that the impact of the stronger dollar could be about $3.5 billion this year. Before Wall Street opened, the computer group’s action lost 5% in electronic trading.
* Berkshire Hathaway announced on Monday that it had bought an additional 1.94 million shares of Western Petroleum, approaching the 20% mark in the oil conglomerate’s capital.
* Delta Air Lines on Tuesday announced its intention to buy 12 additional Airbus A220-300s.
* Lockheed Martin has reached a deal with the US Department of Defense to supply about 375 F-35 fighter jets over three years, they announced on Monday, without specifying the size of the transaction.
* PFIZER, BIONTECH and member states of the European Union are set to agree to provide a Covid-19 vaccine by 2024 amid a vaccine boom, the Financial Times reported.
* Tesla – Credit Suisse begins monitoring “performance”. (Written by Letitia Volga, narrated by Sophie Louet)
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