Alere's (ALR) Suit Against Abbott (ABT) Filed Sooner than Expected; BTIG Affirms at 'Buy'
- Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow
- Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents
- Gold prices rally past $2,400 on reports of Israel strikes on Iran
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Jabil falls after placing CEO on paid leave amid internal investigation
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
Abbott (ABT) on Watch as St. Jude (STJ) Rebukes Allegations from Short Seller
August 26, 2016 3:45 PM EDTAbbott (NYSE: ABT) shares are ticking slightly higher late Friday as St. Jude Medical (NYSE: STJ) said it refutes claims made by short-seller Muddy Waters. The stock is up modestly.
Abbott and St. Jude entered at $31 billion merger agreement earlier this year.
... MoreAbbott (ABT) Says Alere's (ALR) Lawsuit is 'Without Merit'
August 26, 2016 12:18 PM EDTAbbott (NYSE: ABT) says still working to close Alere (NYSE: ALR) acquisition, according to Bloomberg.
Abbott sees Alere's lawsuit as being "without merit." The company believes it is in compliance with the obligations of the merger agreement.
... MoreStreetinsider.com's Hot Lunchtime Reads 8/26: (RAX) (DSS) (KS) (ALR) (MOV)
August 26, 2016 11:58 AM EDTThe following is a list of notable articles to help get you through the lunch hour:Document Security Systems (DSS) Announces Effectiveness of 1-for-4 Reverse Stock Split ->... More
Alere (ALR) Shares Tick Higher Upon Resumption
August 26, 2016 11:14 AM EDTAlere (NYSE: ALR) shares resume trading. The stock is down over 3 percent on the session, but moving higher.
... More