Here’s a look at some of the companies the Yahoo Finance team will be watching for you today.
The vitamin and supplement retailer GNC (GNC) is gaining some serious muscle. The stock is soaring on news that Chinese drugmaker Harbin is investing $300M in the company. GNC says the strategic partnership will consolidate manufacturing, marketing, sale and distribution in China to accelerate GNC’s growth in the world’s second largest economy.
General Motors (GM) is closing one of its four plants in South Korea citing unprofitably. It will announce the fate of its other three South Korea plants in the coming weeks. Since 2015, GM has exited unprofitable markets in Europe, Australia, South Africa and Russia.
Apple Music (AAPL) is launching student subscriptions in 79 new markets today. The list of countries includes Israel, Malaysia and the Philippines. Three additional markets will go live by the end of the month. It’s been roughly two years since Apple first launched its student discount for its subscription Apple Music service.
The Wall Street Journal reports Walgreens (WBA) is looking to takeover drug distributor AmerisourceBergen. Walgreens already owns 26% of Amerisource. The move comes as Walgreens looks for different ways to insulate itself against other companies in the ever-competitive healthcare space.