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Global Eagle To Cut Workforce By Roughly 15%
The changes to the company's workforce will vary by country, based on legal requirements and required consultations with works councils and other employee representatives, as appropriate.
Karyopharm Drops 40% After FDA Posts Selinexor Meeting Briefing Docs
Shares of Karyopharm are moving sharply lower after the FDA posted briefing documents for the Oncologic Drugs Advisory Committee Meeting planned for February 26 to review the New Drug Application for Selinexor.
Morgan Stanley Upgrades Intel To Overweight, Sees CEO Transition As A Catalyst
Morgan Stanley analyst Joseph Moore upgraded Intel to Overweight from Equal Weight, citing his belief that shares "can rerate higher" given that the company has put "a more financially oriented CEO" in charge with the appointment of Robert Swan.
Catalyst Defends Firdapse Pricing In Response Letter To Bernie Sanders
The pharmaceutical company takes exception to Sanders' complaint.
BTIG Boosts Zosano Target To $19 On 'Solid' Migraine Safety Data
The stock in morning trading was up 95%, or $2.10, to $4.31.
Biogen Downgraded To Hold From Buy At Stifel
Stifel analyst Paul Matteis downgraded Biogen to Hold from Buy and lowered his price target for the shares to $346 from $397.
'Underwhelming' Intercept Data Hurts CymaBay Bear Thesis, Says Piper Jaffray
A major constituent of the CymaBay bear thesis has now been removed.
Ford To Exit Commercial Heavy Truck Business In South America
The decision to exit the heavy commercial trucks business came after months of pursuing viable alternatives, including possible partnerships and a sale of the operation.
Macquarie Upgrades PepsiCo To Outperform, Prefers Over Coca-Cola
Macquarie analyst Caroline Levy is most encouraged by Pepsi's commitment to driving impulse purchases, said she believes the company can deliver 5% average annual sales growth over the next three years.
McDonald's Upgraded To Overweight From Equal Weight At Stephens
Stephens analyst Will Slabaugh upgraded McDonald's to Overweight from Equal Weight and raised his price target for the shares to $200 from $180.
Caterpillar Announces Several Officer Moves
Caterpillar announced several officer moves including changes in responsibilities for three Executive Office members, new roles for two current vice presidents and the appointment of two new vice presidents.
Week In Review: How Trump's Policies Moved Stocks - Sunday, Feb 17
Trump declares national emergency on border, Chinese coming to U.S. for trade talks.
Apple Services Growth Unlikely To Offset Iphone Declines, Says Jefferies
It appears that Apple will likely announce its new over-the-top streaming service as soon as late March for a potential Spring release.
Rivian Announces $700M Investment Round Led By Amazon
Rivian announced an equity investment round of $700M led by Amazon. Rivian will remain an independent company. Amazon is leading the round, which includes participation from existing shareholders.
Aphria Committee Finds LATAM Asset Acquisition Cost Within 'Acceptable Range'
Aphria announced that its board of directors has accepted and considered the report of the special committee of independent directors.
Macquarie Double Upgrades Exxon To Outperform With $83 Price Target
Macquarie analyst David Hewitt double upgraded Exxon Mobil to Outperform from Underperform with a price target of $83.
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