STMicroelectronics N.V. (STM) Gains on Solid Q4, Outlook

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Go back to STMicroelectronics N.V. (STM) Gains on Solid Q4, Outlook

JPMorgan Upgrades STMicroelectronics (STM) to Neutral

January 27, 2017 6:23 AM EST

JPMorgan upgraded STMicroelectronics (NYSE: STM) from Underweight to Neutral.

For an analyst ratings summary and ratings history on STMicroelectronics click here. For more ratings news on STMicroelectronics click here.

Shares of STMicroelectronics closed at $12.93 yesterday.

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European shares get M&A boost, climb to one-year high

January 26, 2017 5:30 AM EST

By Atul Prakash

LONDON (Reuters) - European shares climbed to a one-year high on Thursday, supported by mergers and acquisitions-related optimism, with Johnson & Johnson's (NYSE: JNJ) $30 billion deal to buy Actelion lifting shares in the Swiss biotech firm.

Actelion surged 20 percent after the U.S. healthcare giant's move to make an all-cash purchase that includes spinning off Actelion's research and development pipeline. The acquisition gives J&J access to the Swiss group's line-up of high-price, high-margin medicines for rare diseases.

"We are likely to see more of... More