Activist Starboard demands rapid changes at Perrigo
- Nasdaq outshines Wall St peers on tech boost, earnings glee
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil prices steady after rallying on US stock decline, business data
- Yen on the brink, but Tesla pulls back
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Hasbro (HAS) brand strength sees earnings top expectations
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
Chanos says he's still short Valeant (VRX), started in low $100s - CNBC
September 13, 2016 12:46 PM EDTShort-seller Jim Chanos says he's still short Valeant Pharma (NYSE: VRX) and started in the low $100s, according to commentary on CNBC.
... MoreBMO Capital Reiterates Outperform on Horizon Pharma (HZNP) Following Announced RPTP Deal
September 13, 2016 7:07 AM EDTBMO Capital reiterated an Outperform rating and $30.00 price target on Horizon Pharma (NASDAQ: HZNP) following the company's announced deal for RPTP for $800mn. Horizon will finance the deal with $675mn of debt and $125mn of existing cash.
Analyst Gary Nachman commented, "We're... More
Perrigo (PRGO) Looks Forward to 'Constructive and Productive' Dialogue with Starboard
September 12, 2016 8:13 AM EDTPerrigo Company plc (NYSE: PRGO) today acknowledged receipt of a letter from Starboard Value LP, a Perrigo shareholder.
Perrigo will review the letter carefully and looks forward to a constructive and productive dialogue with Starboard as we do with all of our... More