Procter & Gamble (PG) Declares $0.7172 Quarterly Dividend; 3.6% Yield

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Pre-Open Movers 07/09: (MBVX) (HELE) (GRPN) Higher; (CTIC) (PETS) (PG) Lower (more...)

July 9, 2018 9:00 AM EDT

Today's Pre-Open Movers

MabVax Therapeutics Holdings, Inc. (Nasdaq: MBVX) 220% HIGHER; signed an asset acquisition and related agreements centered on MabVax's program targeting a glycan commonly overexpressed on multiple solid tumor cancers. Boehringer Ingelheim has acquired all rights in and to the program. MabVax will receive a total of US $11 million in upfront and near-term milestones as well as downstream regulatory milestone payments plus further earn-out payments.

Helen of Troy (NASDAQ: HELE) 17.2% HIGHER; reported Q1 EPS of $1.87, $0.41... More

UPDATE: Jefferies Downgrades Procter & Gamble (PG) to Hold 'as Bull Thesis Wanes'

July 9, 2018 5:29 AM EDT

(Updated - July 9, 2018 6:28 AM EDT)

(updated to add analyst comment)

Jefferies downgraded Procter & Gamble (NYSE: PG) from Buy to Hold with a price target of $79.00 (from $83.00).

Analyst Kevin Grundy comments "Our prior constructive thesis had been predicated on an... More