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2016 Dec 08, 3:01pm
Gene Munster Leaving Piper Jaffray To Launch VC Firm
Wall Street's sell-side community will be getting a bit of a shake up Thursday. In addition to word that technology and internet analyst Bob Peck will be leaving SunTrust for Credit Suisse, Benzinga has learned another top sell-side analyst is making a transition. Long considered the top...
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2016 Nov 25, 9:46am
Concordia Healthcare Bondholder Calls For Immediate Changes, Threatens Lawsuit
For the last three trading sessions, investors in Concordia International Corp (NASDAQ: CXRX) have been struggling to find some news. Since Monday, the stock has quietly lost nearly 30 percent of its value. The Benzinga news desk may have uncovered the answer. In a letter dated November 7,...
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2016 Nov 10, 11:46am
Fitbit And The Mysterious Suitor
Fitbit Inc (NYSE: FIT) spiked more than 4 percent Thursday morning before being halted on a circuit breaker for five minutes. Apparently, a firm called ABM Capital submitted a letter to Fitbit's board to acquire all shares at a price of $12.50 per share. The letter was disclosed in an SEC...
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2016 Nov 09, 1:49am
Donald Trump Wins 2016 Presidential Election
The votes are in. Republican Presidential candidate Donald Trump appears to have won the 2016 U.S. election. It was a hotly-contested vote against Hillary Clinton that few saw coming. It was a tense night for the country, with Twitter abuzz with minute-to-minute results. Every major TV news...
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2016 Oct 25, 8:24pm
Twitter Is Up On Yet Another Disney Rumor
Twitter Inc (NYSE: TWTR) bulls are getting a bit of reprieve Tuesday evening, as shares traded up following an after-hours rumor suggesting Walt Disney Co (NYSE: DIS) may still be interested in working a deal with the company. The report, however, may be little more than speculation. A...
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Rockwell Collins to Acquire B/E Aerospace for $8.3B
2016 Oct 23, 11:34amRockwell Collins (NYSE: COL) and B/E Aerospace (NASDAQ: BEAV) today announced that they have entered into a definitive agreement under which Rockwell Collins will acquire B/E Aerospace for approximately $6.4 billion in cash and stock, plus the assumption of $1.9 billion in net debt....
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2016 Sep 23, 1:36pm
Exclusive: Novavax CEO Responds To Recent Insider Buys
Novavax, Inc. (NASDAQ: NVAX) has been a quite a run the last three trading sessions, up from $1.45 to $2.24 since Wednesday morning. On Thursday, director Gail Boudreax bought 100,000 shares. Shares were purchased at an average price of $1.45; the director owns 200,000 shares of the company...
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2016 Sep 13, 7:46pm
Exclusive: Dr. Ron Farkas, Eteplirsen's Harshest Critic, Has Left The FDA
The "miracle drug" that could save the lives and well-being for hundreds of people may have just received some great news. Dr. Ron Farkas has left the U.S. Food & Drug Administration, people familiar with the matter told Benzinga. Why would his departure raise hope for the "...
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2016 Sep 12, 11:12am
Martin Shkreli: Hillary Clinton's Health Is 'Much Ado About Nothing'
On Monday morning’s PreMarket Prep, infamous pharmaceutical executive and “Pharma Bro” Martin Shkreli discussed Hillary Clinton’s health and whether or not voters should be concerned. Clinton was one of many politicians and journalists that singled out Shkreli for jacking...
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2016 Sep 07, 1:03pm
All The Headlines From Apple's iPhone 7 Event (Updating)
Apple Inc (NASDAQ: AAPL)'s iPhone 7 event is going on right now. These are the headlines that have appeared in Benzinga Pro so far. We'll update this post as more headlines come in.
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2016 Sep 03, 7:09am
The Herbalife Saga Continues With Another Negative Report Released Saturday Morning
A research report from Quoth The Raven Research on ZeroHedge released Saturday morning alleges a potential conflict of interest between Herbalife Ltd. (NYSE: HLF) and the California Attorney General. According to the report, California AG Kamala Harris is married to a partner at Venable,...
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2016 Aug 26, 3:46pm
BREAKING: Icahn Refutes Ackman's Claim, Buys 2.3 Million More Shares In Herbalife
Carl Icahn issued a statement this afternoon about his stake in Herbalife Ltd. (NYSE: HLF). Icahn refuted Bill Ackman's earlier claims that he would sell, and announced he'd purchased 2.3 million additional shares of stock. "I continue to believe in Herbalife," the...
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Full Fed Beige Book
2016 Jul 13, 1:02pmReports from the twelve Federal Reserve Districts indicate that economic activity continued to expand at a modest pace across most regions from mid-May through the end of June. Business contacts in Cleveland reported a steady level of activity, while Minneapolis reported that activity increased...
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SAP and UPS to Collaborate on 3D Printing
2016 May 18, 8:07amSAP SE (NYSE: SAP) today announced it has signed an agreement with UPS (NYSE: UPS) to collaborate to transform the ad hoc world of industrial 3D printing into a seamless, on-demand manufacturing process from order through manufacturing and delivery. By integrating extended supply chain solutions...
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2016 Apr 28, 3:37pm
Why Medivation Will Likely Reject Sanofi's $52.50/Share Buyout Offer
Medivation Inc (NASDAQ: MDVN) shares rose on Thursday after Sanofi SA (ADR) (NYSE: SNY) said it sent a letter to the company confirming an offer to buy all outstanding shares for $52.50 apiece. Curiously, the stock is trading above the buyout offer price, near $56 hours after the offer was made...
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