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Analyst Says Benioff Not Going Anywhere Soon As Salesforce Appoints Co-CEO
Salesforce was one of the companies identified by the analyst and his team as one of those facing the greatest level of "key man risk".
Tesla Discloses Email Sent To Employees About 'Taking Tesla Private'
Here's the email that caused today's Tesla buzz.
Papa John's Reports Q2 Adjusted EPS 49c, Consensus 54c
Papa John's reports Q2 System-wide North America comparable sales decrease of 6.1%. Reports Q2 International comparable sales decrease of 0.8%; total international sales increase of 12.2%, driven by unit growth.
Citi Upgrades Spark Therapeutics To Buy With Shares Down Nearly 30%
The analyst also views the company as a potential takeover candidate.
Barclays Sees Upside For Cigna Even With No Deal As Icahn Opposes Merger
If the deal is approved, the analyst sees Cigna shares falling to $180 in the near-term.
SeaWorld Spikes After Reporting Quarterly Jump In Attendance, SEC Deal
In afternoon trading, shares of SeaWorld are up nearly 19% to $25.05.
Arista To Pay Cisco $400M To Resolve All Pending Litigation
Arista Networks disclosed that it entered into a binding term sheet with Cisco which, upon execution of a final agreement, will result in the dismissal of all pending district court and International Trade Commission litigation between the parties.
Street Fight: BWS Says Sell GTT As William Blair Remains Bullish
In morning trading, shares of GTT have dropped almost 2% to $39.75.
Nutrisystem Rallies After Legion Partners Sees Path To $90 Share Price
Legion Partners Asset Management late Thursday disclosed a 5.22% stake in Nutrisystem, representing over 1.5M shares. The filing allows for activism.
August 5, 2018 Week In Review: How Trump's Policies Moved Stocks
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap.
Berkshire Hathaway Reports Q2 Operating Earnings $6.89B Vs. $4.12B Last Year
Berkshire reports Q2 net earnings of $12 billion from $4.26 billion in the year-earlier period.
Allergan Upgraded To Buy From Neutral At Mizuho
Mizuho analyst Irina Koffler upgraded Allergan to Buy and raised her price target for the shares to $210 from $194.
Home Builder Stocks Struggle As Mortgage Rates Rise
Home building stocks are struggling on Thursday after the 30-year fixed-rate mortgage drifted up for the second consecutive week to 4.60%.
Activision Blizzard Reports Q2 Adjusted EPS 0.62, Consensus 0.35
Activision reports Q2 net bookings $1.38B, consensus $1.38B.
Meal-Kit Company Blue Apron Tanks Over 20% After Quarterly Report
CEO describes 2018 as company's "transition year."
Cigna Investor Carl Icahn Plans To Vote Against Express Scripts Deal, WSJ Says
According to a WSJ report, activist investor Carl Icahn, who has built a sizable stake in Cigna (CI), is planning to vote against the company's planned $54B acquisition of Express Scripts (ESRX).
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