Proofpoint remains a potential takeover target, says Piper Jaffray
Piper Jaffray analyst Andrew Nowinski raised his price target for Proofpoint shares to $112 from $105 following the close of the acquisition of CloudMark. The...
Author : The Fly
Battleground: Macquarie says sell OpenText, Raymond James remains bullish
This morning, Macquarie analyst Gus Papageorgiou downgraded OpenText to Underperform, a sell equivalent rating, citing "poor" returns on capital and a leveraged balance sheet. Commenting...
On The Fly: Top stock stories at midday
Stocks began the session in positive territory on a day that historically has seen up moves ahead of Thanksgiving. There was little in the way...
Axalta Coating confirms takeover talks with Nippon Paint
Axalta Coating Systems (AXTA) issued the following statement this morning: "Axalta today confirmed that it is engaged in discussions with Nippon Paint regarding a potential...
On The Fly: After Hours Movers
UP AFTER EARNINGS: GameStop (GME), up 4%. ALSO HIGHER: Axalta Coating (AXTA), down 3% after it and AkzoNobel (AKZOY) scrapped merger talks without reaching an...
Amazon cuts prices for AWS IoT customers by 20%-40%
Amazon said this afternoon in a blog post, "Our customers are using AWS IoT to make their connected devices more intelligent. These devices collect &...
OraSure jumps after $143M Oragene Dx devices deal
Shares of OraSure Technologies (OSUR) are on the rise after the company announced that its subsidiary DNAG Genotek has entered into a $143M agreement for...
On The Fly: What to watch in HP Inc.’s earnings report
HP Inc. (HPQ) is scheduled to report results of its fiscal fourth quarter after the market close on November 21, with a conference call scheduled...
Notable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Salesforce.com (CRM), consensus 37c... HP Inc. (HPQ), consensus 44c... Hewlett Packard Enterprise (HPE), consensus...
Tesaro higher after announcing ‘non-dilutive’ financing
Tesaro announced earlier that it has entered into a definitive term loan agreement with investment funds managed by Pharmakon Advisors. The loan facility provides Tesaro...