April 16: Top 52-week highs and lows of the day
Medical device maker AngioDynamics Inc. (ANGO) touched a new yearly high of $20.35 on Monday. According to a Market Insights...
Other Industries
Carl Icahn signs massive deal to sell Tropicana Entertainment
Icahn Enterprises has decided to sell its casino venture Tropicana Entertainment (TPCA) to Gaming and Leisure Properties (GLPI) and Eldorado...
Will biosimilars play spoilsport in Johnson & Johnson earnings?
Pharmaceutical giant Johnson & Johnson’s (JNJ) earnings results are due on April 17 before the opening bell, amidst concerns over...
Rite Aid sales drop 8.6% in 4Q
Pharma chain Rite Aid (RAD), which is in the process of being acquired by Albertsons, has struggled with the deteriorating...
General Electric may spin-off transportation business to salvage itself
A huge round of applause for people who are still holding on to the General Electric (GE) stock – either...
United States Steel: stealing a way forward
United States Steel Corp. (X) stock has been on the upward swing right from August 2017 and the shares have...
Merck sets the bar high for rivals with positive Keytruda trial results
Merck (MRK) shares rose as much as 7% after the company stated that one of its key drugs successfully met...
Bayer-Monsanto deal receives U.S. Justice Dept. approval
The most disputed deal between the Germany-based chemical giant Bayer and the U.S.-based Monsanto received a nod from the U.S....
Novartis-AveXis : A ‘gene’-ius deal?
Novartis AG is wagering high on gene therapy with its proposed acquisition of AveXis Inc. valued at $8.7 billion or...
Wynn Resorts might be taken by rival MGM Resorts
There have been many interesting deals in the gaming industry over the last two years. But the industry has never...
HNA Group lets go of Hilton Worldwide
Chinese conglomerate HNA Group Co. is planning to sell its 26% stake in Hilton Worldwide either in part or in...
Broadcom finally re-domesticates to the U.S. from Singapore
When President Trump killed semiconductor maker Broadcom’s (AVGO) ambition to take over rival Qualcomm (QCOM) due to security worries, it...
WD-40 Company reports double digit profit growth
Household chemicals manufacturer WD-40 Company (WDFC) reported positive top and bottom line results for its second quarter 2018, with profit...
Time to fasten seatbelts for low-boom supersonic flight
It is doubtful if the previous generations ever had access to the kind of facilities and conveniences people enjoy today....
GreenSky secretly files for IPO, says report
After Dropbox pulled off a successful IPO, it was expected to trigger off a domino effect in other successful privately...
GE stock hits 20-year low as asset sales gather steam
It is after weighing every option at its disposal that General Electric Company (GE), the loss-making American conglomerate, realized that...
FirstEnergy’s ailing units file for bankruptcy
Ohio-based FirstEnergy Corp’s (FE) debt-ridden subsidiaries have filed for Chapter 11 bankruptcy. The power generator made this announcement just days...
With Rite Aid stores under its wings, Walgreens prepares to take down rivals
Upping its ante against its rivals in the medical and pharma sector, Walgreens has finally completed its acquisition of Rite...
Aetna follows UnitedHealth in passing on rebates to customers
Drastic increase in drug prices has, over the years, become a topic of heated discussions, especially with price-cut on prescription...
Takeda likely to make a move for Shire
Japanese pharma giant Takeda Pharmaceuticals is said to be planning to bid for London’s leading drug company Shire Pharmaceuticals (Nasdaq:...
Tighten your ‘hold’ on First Solar
Off late, First Solar (FSLR) has been trading in red, but the stock has seen a staggering 153% growth in...