Cisco close to deal to buy BroadSoft for nearly $2B, Reuters reports
Cisco (CSCO) is close to a deal to buy BroadSoft (BSFT) for almost $2B, Reuters reports, citing a person familiar with the matter. The deal...
Author : The Fly
Catch up on the weekend’s top five stories with this list compiled by The Fly:
1. Tesla has reached an agreement with Shanghai government to set up a manufacturing facility in the city, according to The Wall Street Journal, citing...
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...
DBV sinks following peanut allergy trial miss, Aimmune soars
Shares of DBV Technologies (DBVT) are sinking after the company announced that its Phase III study in peanut allergic patients ages four to 11 years...
Box Office Battle: Disaster movie ‘Geostorm’ to be box-office disaster?
This weekend will see the Halloween holiday-timed release of Lionsgate (LGF.A, LGF.B) comedy "Tyler Perry's Boo 2! A Madea Halloween," which is opening at 2,388...
Cleveland-Cliffs drops after seeing ‘softer Q4’ amid volume cuts, higher costs
Shares of iron ore miner Cleveland-Cliffs (CLF) are falling after reporting third quarter earnings per share of 18c, widely missing analyst expectations of 32c per...
GE shocks with ‘unacceptable’ results, guidance cut
Shares of General Electric (GE) are falling sharply in early trading after the company reported quarterly profit that missed consensus estimates by 20c per share....
On The Fly: Pre-market Movers
UP AFTER EARNINGS: Skechers (SKX), up 28.2%... Honeywell (HON), up 1.2%.. Schlumberger (SLB), up just under 1%... Synchrony (SYF), up 3.9%... Paypal (PYPL), up 6.4%...Maxim...
GE management ‘fighting to salvage value,’ says JPMorgan
JPMorgan analyst C. Stephen Tusa says this morning's Q3 results from General Electric reinforce his view that while the "reset" of expectations is happening, a...
Deutsche calls GE earnings miss ‘shocking,’ sees ‘sizable’ dividend cut
Deutsche Bank analyst John Inch calls General Electric's weaker than expected Q3 results this morning "shocking," noting earnings came in 20c below the 49c forecast...