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PG&E Slides After Suspending Dividend Following Wildfires
Thursday, December 21, 2017 1:04 PM EDT
Shares of PG&E are sliding after the company suspended its quarterly dividend, citing uncertainty related to recent Northern California wildfires.
In this article: PCG
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21st Century Fox Downgraded To Sell From Hold At Loop Capital
Thursday, December 21, 2017 8:41 AM EDT
Loop Capital analyst David Miller downgraded 21st Century Fox to Sell citing the stock's rally post the Disney deal announcement.
In this article: FOXA Also: CBS, DIS
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Euronav, Gener8 Maritime Announce Stock-For-Stock Merger
Thursday, December 21, 2017 7:28 AM EDT
The boards of Euronav NV and Gener8 Maritime announce that they have reached an agreement on a stock-for-stock merger for the entire issued and outstanding share capital of Gener8.
In this article: EURN, GNRT
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AT&T Suppliers May Benefit As Tax Bill Spurs Spending Promise
Wednesday, December 20, 2017 4:11 PM EDT
With both the Senate and House passing the GOP tax plan, AT&T reiterated its plan to invest an additional $1B in the U.S. next year if the bill is signed into law, which is now expected to happen soon.
In this article: T, NOK, MTZ, ERIC, CSCO, DY, JNPR, GLW, AMT, CCI, TWX
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Chipotle Slides After Yet Another Health Scare
Wednesday, December 20, 2017 1:14 PM EDT
Shares of Chipotle Mexican Grill are sliding following a media report saying public health officials are investigating a potential illness outbreak tied to a Los Angeles restaurant.
In this article: CMG
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Twitter Price Target Raised To $30 From $25 At Argus
Wednesday, December 20, 2017 10:02 AM EDT
Argus analyst Jim Kelleher raised his price target price on Twitter to $30 from $25, stating that he believes the shares have further to go despite the stock's over 25% run-up since his upgrade in November.
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Credit Suisse Upgrades Biogen With 'Significant Turnaround' Underway
Wednesday, December 20, 2017 7:08 AM EDT
Credit Suisse analyst Alethia Young upgraded Biogen to Outperform from Neutral and raised her price target for the shares to $385 from $321. The stock closed yesterday up $1.07 to $327.02.
In this article: BIIB Also: GILD
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Trump Effect: Analyst Says Buy Altria Group On Proposed U.S. Tax Changes
Tuesday, December 19, 2017 2:11 PM EDT
Shares of Altria Group are on the rise after Berenberg analyst Jonathan Leinster upgraded the stock to Buy, citing the proposed tax changes under the new Republican bill that he expects to be approved soon.
In this article: MO Also: BUD
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Jack In The Box Announces Agreement To Sell Qdoba To Apollo Affiliates For $305M
Tuesday, December 19, 2017 10:14 AM EDT
Jack in the Box announced that it has entered into a definitive agreement to sell Qdoba Restaurant Corporation.
In this article: APO, JACK
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Nomura Downgrades Apple With Share Gains In 'Late Innings'
Tuesday, December 19, 2017 7:11 AM EDT
Nomura Instinet analyst Jeffrey Kvaal downgraded Apple to Neutral from Buy and cut his price target for the shares to $175 from $185.
In this article: AAPL
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Home Health-Care Providers Fall On Report Of Potential Humana-Kindred Deal
Monday, December 18, 2017 8:01 PM EDT
Shares of home health companies Amedisys, LHC Group and Almost Family are all down following a report that Humana is in talks to buy Kindred Health.
In this article: AMED, LHCG, AFAM, HUM, KND, SEM, AET, UNH
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CSX CEO Death Raises Questions About Strategy, M&A Potential
Monday, December 18, 2017 3:38 PM EDT
Shares of CSX are off their worst levels of the session and trading fractionally higher following the death of the company's CEO over the weekend.
In this article: CSX Also: CP
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Twitter Rises As Analysts Say Buy, JPMorgan Sets Street-High Target
Monday, December 18, 2017 12:45 PM EDT
Shares of Twitter are on the rise after JPMorgan analyst Doug Anmuth upgraded the stock to Overweight, a buy-equivalent rating, as he believes product improvements and user growth should drive revenue inflection.
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Campbell Soup Confirms Acquisition Of Snyder's-Lance For $50 Per Share In Cash
Monday, December 18, 2017 10:08 AM EDT
Campbell Soup Company and Snyder's-Lance announced that the companies have entered into an agreement for Campbell to acquire Snyder's-Lance for $50.00 per share in an all-cash transaction.
In this article: CPB, LNCE
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Twitter Upgraded To Overweight From Neutral At JPMorgan
Monday, December 18, 2017 7:40 AM EDT
JPMorgan analyst Doug Anmuth upgraded Twitter to Overweight and raised his price target for the shares to $27 from $20.
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Credit Suisse Takes Teva Rating To Neutral In Third Upgrade Of Day
Friday, December 15, 2017 1:12 PM EDT
Credit Suisse analyst Vamil Divan upgraded earlier today Teva Pharmaceutical to Neutral from Underperform and raised his price target for the shares to $20.
In this article: TEVA
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