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Allergan's (AGN) pending merger with AbbVie, positive pipeline and regulatory updates and increase in sales guidance twice are driving shares up this year.
The public offering of 3.20% notes with $100-million aggregate principal amount will be issued under the same terms as the $300-million senior unsecured notes issued by Federal Realty (FRT) this June.
The following are the top stories in the Wall Street Journal. - Twitter Inc and Facebook Inc suspended accounts they believe to be part of a Chinese effort to undermine antigovernment protests in Hong Kong, marking the first time the companies have pointed to China as a source of disinformation campaigns, company representatives said on Monday. - Drugmakers Endo International Plc and Allergan Plc are in talks to avoid going to a landmark trial set to begin in October over the opioid crisis, according to people familiar with the matter.
Pure Storage's (PSTG) robust adoption of FlashArray & FlashBlade solutions is driving growth. However, currency headwinds, and high tariffs owing to trade war between the U.S. and China remains headwind.
Efforts to redeem preference stock and reduce borrowings through proceeds raised from long-term notes reflect Kimco Realty's (KIM) focus to address its financial obligations efficiently.
Both railroad giants reported earnings last month, but their share-price trends since then have been markedly different.
Pivotal, Canopy Growth, iHeartMedia, PG&E and Boeing are the companies to watch on Thursday, August 15, 2019.
Efforts to pay down line of credit and other borrowing with proceeds raised from senior unsecured notes reflects Regency Centers' (REG) focus to address its financial obligations efficiently.
GW Pharmaceuticals, NetApp, KB Home, PulteGroup, M/I Homes, Lennar and Toll Brothers highlighted as Zacks Bull and Bear of the Day
Zacks Earnings Trends Highlights: Macy???s, Amazon, McDonalds, Caterpillar, CSX Corp., Borg Warner
Pivotal shares jumped 63% to $13.60, while shares of VMWare were down about 3% at $148.25 in extended trading. Dell is the controlling stockholder for both the companies. Dell's shares dropped 1.65% to $47.80 in after-market trading on Wednesday.
VMware today confirmed that it is in talks to acquire software developmentplatform Pivotal Software, the service best known for commercializing theopen-source Cloud Foundry platform