AMD, Nvidia fall after Bitmain unveils new ASIC for ethereum mining
Shares of AMD (AMD) and Nvidia (NVDA) are falling after China-based bitcoin mining company Bitmain announced a new specialized mining system for ethereum. NEW MINING...
Author : The Fly
Viacom immediately rejected CBS offer, will counter, CNBC reports
CBS (CBS) delivered orally on Friday a takeover proposal for Viacom (VIAB) that offered 0.55 shares of CBS for each Viacom share, CNBC's David Faber...
On The Fly: Pre-market Movers
HIGHER: Proteostasis Therapeutics (PTI), up 13.5% after reporting the FDA has granted Fast Track Designation for the company's triple combination program for the treatment of...
On The Fly: Top stock stories for Tuesday
Stocks began the day with modest gains, but saw them evaporate within the first hour of trading. Although the early catalyst may have been buyers...
Barclays downgrades PTC Therapeutics to Underweight with $26 target
Barclays analyst Gena Wang downgraded PTC Therapeutics to Underweight from Equal Weight while raising her price target for the shares to $26 from $24. The...
CBS submitted below market bid for Viacom, CNBC reports
CBS (CBS) has submitted a takeover bid for Viacom (VIAB) which is below the company's current market value, CNBC's David Faber reports, citing sources. The...
Euronet slides after MoneyGram teams with Walmart on global transfer service
Shares of Euronet Worldwide (EEFT) are under pressure after Walmart (WMT) announced that it is teaming up with MoneyGram (MGI) to launch a new global...
Euronet sinks after Walmart launches global wire transfer service
Shares of Euronet Worldwide (EEFT) are moving lower after Walmart (WMT) this morning announced a new global money wiring service called Walmart2World. The retailing giant...
On The Fly: Top stock stories at midday
Stocks opened with modest gains, but they were unable to establish any early momentum. Following another negative tweet from the President regarding Amazon (AMZN), the...
On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Commercial Metals (CMC) downgraded to Neutral from Buy at...