Macy's, Ascendis Pharma And 3 Stocks To Watch Heading Into Friday

With U.S. stock futures trading higher on Friday morning, some of the stocks that may grab investor focus today are as follows:

• Arkhouse Management and Brigade Capital Management increased their offer to buy Macy’s, Inc. (NYSE:M) to $24.80 per share up from the previous bid of $24 per share, the Wall Street Journal reported. Macy’s shares gained 1.2% to $18.14 in the after-hours trading session.
• Pendopharm signed an exclusive distribution agreement with Ascendis Pharma A/S (NASDAQ:ASND) for TransCon™ PTH in Canada. Ascendis Pharma shares fell 1.5% to close at $134.18 on Wednesday.
• LGI Homes, Inc. (NASDAQ:LGIH) said it closed 571 homes in June. The company announced plans to release financial results for the second quarter before the opening bell on Tuesday, July 30. LGI Homes shares gained 0.3% to $88.61 in after-hours trading.

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• Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) said it will record a non-cash impairment charge of SEK 11.4 billion during the second quarter, primarily related to Vonage’s current portfolio. Ericsson shares fell 0.2% to $6.18 in the after-hours trading session.
• GFL Environmental Inc. (NYSE:GFL) declared a cash dividend of $0.014 for each outstanding subordinate voting share and multiple voting shares of the Company for the second quarter. GFL Environmental shares gained 0.7% to $39.40 in after-hours trading.

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