Market Movers Today: Merck & Co., Inc. (MRK), Under Armour Inc (UA), General Electric Company (GE), and More

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Viacom, Inc. (NASDAQ:VIAB) (Morning Star)
Shares of Viacom Inc.(VIA) fell 3.7% after The Wrap on Friday reported that Shari Redstone, president of National Amusements, which owns controlling interests in Viacom and CBS Corp. (CBSA) was reengaging the two media companies in talks to merge.

Fiat Chrysler Automobiles NV (NYSE:FCAU) (Fox Business)
Also at the Detroit event, Fiat Chrysler Automobiles NV(FCA.MI)(FCA.MI) CEO Sergio Marchionne said Monday he has no plans to sell its Jeep business or split up the company (http://www.marketwatch.com/story/fiat-chrysler-ceo-rules-out-split-jeep-sale-2018-01-16), cooling speculation but leaving the company’s long-term strategy unclear. Shares were down 2.8%.

UnitedHealth Group Inc (NYSE:UNH) (CNBC)
UnitedHealth Group – The health insurer reported adjusted quarterly profit of $2.59 per share, 8 cents a share above estimates. Revenue beat forecasts, and the company also raised its full-year forecast due to benefits from the new tax law.

Eastman Kodak (NYSE:KODK) (Madison.com)
Shares of Eastman Kodak (NYSE:KODK), Riot Blockchain (NASDAQ:RIOT), and Xunlei (NASDAQ:XNET) have plunged more than 10% as of 9:45 a.m. EST as the market’s largest cryptocurrencies fall in value. All but one of the 10 largest digital currencies are down more than 10% in the last 24 hours, with the biggest of them (bitcoin) falling 14%, according to CoinMarketCap.

AutoNation, Inc. (NYSE:AN) (CNBC)
Autonation – The automotive retailer said it would see a one-time benefit of 45 cents per share for the fourth quarter, thanks to the new tax law. It also sees a full-year 2018 benefit of 80 cents to $1.10 per share.

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