Here are the companies the Yahoo Finance is watching for you today.
Kroger's (KR) stock is making some big moves this morning after getting a big investment from Warren Buffett. Berkshire Hathaway disclosed late last week that it picked up about 18 million shares of Kroger's stock, worth more than $500 million. It now owns about 2% of the company. Kroger's stock has been battered by increased competition, but it is investing billions to boost its pickup and delivery options.
Alibaba (BABA) is looking to combat the coronavirus. The e-commerce giant said that it will offer nearly $3 billion in loans to companies in China that have been hit by the outbreak. It will also waive platform fees for merchants on its online marketplace for the first half of this year and set up funds to support restaurants and supply chain firms.
Bed Bath & Beyond (BBBY) is cashing out. The home goods retailer announced that it would sell PersonalizationMall.com to 1-800-Flowers.com in a $252 million deal. After the transaction closes, PersonalizationMall.com will continue to provide services to Bed Bath & Beyond and Buy Buy Baby. In a statement, Chief Executive Mark Tritton said the move is an effort to focus on the core home, baby and beauty businesses.
As promised, Apple Music (AAPL) has made its automatic "Replay 2020" playlist available to subscribers through its beta web player. Users will now be able to look back at their top tracks of the year through Apple's mobile site well before spring has sprung.