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Walgreens Boots Alliance shares are jumping in premarket trading Tuesday, on a report that the troubled drugstore chain is nearing a deal with Sycamore Partners to be taken private for around $10 billion.

Shares of the company fell about 2.2% in premarket trading following the results. U.S. President Donald Trump's move to levy tariffs on imports from Mexico and Canada as well as double the duties on Chinese goods to 20% is also expected to affect the auto industry as it attempts to cut costs. AutoZone's quarterly net sales fell 2% to about $3.95 billion, missing estimates of about $3.98 billion, according to data compiled by LSEG.

US stock futures slid Tuesday after President Donald Trump made good on his threat to levy hefty tariffs on Canada and Mexico. Dow futures dropped by around 150 points in premarket trading, and futures tied to the S&P 500 and Nasdaq 100 were both around 0.7% lower.

The total market cap of the 14 publicly-listed U.S. bitcoin miners that the bank tracks dropped 22% last month, the report said.

"The Piaggio Group achieved excellent margins in 2024 thanks to careful management of productivity in a highly anomalous economic situation," CEO Michele Colaninno said in a statement. Piaggio proposed a payment of final dividend of 4 euro cents for 2024, which would bring the total payout for the year to 15.5 euro cents per share.

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News of the day for March 4, 2025