Intel, Kellanova, Peloton rise premarket; Starbucks slips
), up 1.8%, in the second quarter, after saying earlier this month that it would cut more than 15% of its workforce and suspend its dividend amid a pullback in spending.) stock rose 8% after the Wall Street Journal reported that chocolate giant Mars is looking to pay $83.50 for each share in packaged foods maker, a 12% premium to Tuesday’s close, while valuing the firm at over $30 billion.
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