— Shares of Marathon Petroleum rose more than 3% in midday trading after The Wall Street Journal reported that large shareholders Paul Foster and Jeff Stevens are calling for the company to remove CEO Gary Heminger. The two also support a measure by noted activist investor Elliott Management to divided the company into three separate units.
— Box was downgraded to "underweight" from "neutral" at JPMorgan Chase. The brokerage cited valuation concerns and intensifying competition for the cloud software company in deciding to cut its rating.
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