— Shares of the media giant popped more than 2.5% on news Nelson Peltz's Trian Fund Management has taken a 0.4% stake in the NBCUniversal and CNBC parent. The hedge fund said it had recently begun conversations with Comcast management, but it is unclear what Trian is focused on other than the idea that Comcast shares are undervalued.
— Shares of Illumina dropped more than 1% after being downgraded to hold from buy at Stifel and to neutral from buy at UBS. The Wall Street firms raised concerns about the the gene sequencing company's planned purchase of cancer blood test developer Grail.Disclosure: Comcast is the owner of NBCUniversal, parent company of CNBC and CNBC.com.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Fuck JeffBezos
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves midday: Nikola, JPMorgan Chase, Roku, Apple, Delta & moreNikola shares plunge after its founder reigns. Oracle and Walmart buck the market's negative trend.
Source: CNBC - 🏆 12. / 72 Read more »
European bank stocks slide after money-laundering allegations; Dow futures slide 400 pointsShares of Europe's top banks dropped on Monday, after the publication of reports alleging they kept doing business with customers they suspected of money...
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks in Australia poised to open lower; China set to announce loan prime ratesChina's one-year and five-year Loan Prime Rate (LPR) are set to be out at around 9:30 a.m. HK/SIN on Monday. A majority of traders and analysts polled by Reuters expect no change to both the one-year and five-year LPR.
Source: CNBC - 🏆 12. / 72 Read more »
Here are 35 stocks in the market’s two hottest sectors that Wall Street lovesThese 35 stocks in the market's 2 hottest sectors are loved by Wall Street
Source: MarketWatch - 🏆 3. / 97 Read more »
Healthcare stocks tank as Ruth Bader Ginsburg death endangers Obamacare - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. If you want to take your website to the first page of Google , SEO backlinks that help increase traffic, increase website ranking contact now Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $1000, i can guarantee $9,500 as profits after 5 days of investment. Inbox me if interested. Next: You're also able to vote for Business Insider in the upcoming elections.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stocks Drop As U.S.-China Tensions, Uncertainty About The Economy GrowThe Dow Jones Industrial Average falls nearly 800 points as new Chinese regulations pose potential threats to U.S. tech companies, which have been leading the stock market to new records. good Trump's trade war, a disaster from day one. It's not as though tech companies could be a bubble. Tesla recently had a market cap larger than Walmart and Apple larger than all UK companies combined. Sounds sustainable.
Source: NPR - 🏆 96. / 63 Read more »