PRE-MARKET MOVERS

 

UPGRADES

 

DOWNGRADES
1. SCYX:$SCYX downgraded to Hold from Buy at Needham

 

EARNINGS

 

Trending Social Alerts
1. VRX:Valeant Q1 GAAP EPS $1.79 vs $ in Same Qtr. Last Year, Adj. Net Income $273M, Sales $2.1B; raises FY17 Adj. EBITDA Outlook $VRX
3. IONS:$IONS data from Phase 3 NEURO-TTR study in patients with familial amyloid polyneuropathy in Q2
5. W:$W – Wayfair up 11.65% crushing the shorts some more, 2450 May 26th 55/60 call spreads bought to open late yesterday

 

Trending News Headlines
1. Dan Hurley on Twitter

“Finally a sell side title that identifies with my process $NXST”

2. Valeant swings to profit on tax gain, raises forecast

Canada’s Valeant Pharmaceuticals International Inc (VRX.N) (VRX.TO) reported its first profit in six quarters, helped by a one-time tax gain, and raised its full-year earnings forecast, sending its U.S. shares up 13 percent in premarket trading.

3. Sanofi vows to limit 2017 price hikes to 5.4% as part of new ‘holistic’ policy | FiercePharma

Sanofi may be late to the pricing-pledge party but it’s come up with some benchmarks that beat its rivals. Rather than limiting price hikes to less than 10%, the French drugmaker promises to keep any price increases at or below an official U.S. health inflation measure that’s projected to hit 5.4% in 2017.

4. Elliott Takes Akzo Nobel to Court to Oust Chairman in PPG Bid Battle

U.S. activist investor Elliott Management has asked a Dutch court to force Akzo Nobel to hold a special shareholder meeting seeking the removal of its chairman, its latest attempt to strong-arm the paint maker into sale talks with rival PPG.

Technology News
    They released open data that gave us the opportunity to build an app to help the people of London.
    We built software for everything including realtime operational control to driver management to scheduling systems.
    In the future explain in more detail how smarter bus tech leads to better mobility and cities.
    Equal access to online information is once again under serious threat.
    John Oliver encourages internet commenters to voice their displeasure to the FCC by visiting and clicking express to file your comment.
    Connect with Last Week Tonight online Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens.
    VIENNA Facebook must remove postings deemed as hate speech an Austrian court has ruled in a legal victory for campaigners who want to force social media companies to combat online trolling.
    The case comes as legislators around Europe are considering ways of forcing Facebook Google Twitter and others to rapidly remove hate speech or incitement to violence.
    Chief Executive Mark Zuckerberg has said hate speech has no place on the platform and the company has published a policy paper on how it wants to work against false news.
    ET One of the most basic human activities writing is getting an assist from machines.
    Startup Grammarly uses machine learning and artificial intelligence to help improve writing from basic spelling grammar and style to more advanced suggestions on tone and language.
    The San Francisco company has been.
    Alipay owned by Jack Ant Financial reached a deal that will let its users shop at million merchants served by payments processor First Data the companies said Monday in a joint statement.
    Apple mobile payments service can be used at million locations in the Chief Executive Officer Tim Cook said last week on a call with analysts.
    Still Alipay which started in as an online payments processor for Alibaba Group Holding sites is entering a market much less reliant on mobile transactions than its home country.
    Michael Dell after closing the merger with EMC is investing in new ways to bolster his company lineup that provides gear and modern software for data centers.
    Looking for an edge against rivals such as Hewlett Packard Enterprise the venture unit called Dell Technologies Capital is likely to invest in new startups or perhaps more this year Darling said.
    But while that might have made sense in the past the deal created Dell Technologies a behemoth in the tech world in terms of sales and employees so it now time to highlight investments to others the executives said.
    In pursuit of international growth where networks are slow and data is expensive Instagram has given its mobile website a massive upgrade that adds core features of the main app including photo sharing and a lightweight version of the Explore tab.
    With the exanded mobile web version users can skip the app wait time data costs and storage needs while still getting the basic functionality.
    Since Snapchat is so and Snap Inc prioritized building for international markets and Android users its app work as well in the developing world.
    hope to draw from the impressive talent pool as we grow helping the dozens of researchers we plan to hire stay connected to the Corridor Travis Kalanick embattled CEO wrote in a blog post published this morning.
    Though Uber rose to prominence offering a smartphone app for hailing rides it has rapidly embraced the idea of driverless cars over the past few years building a hub dedicated to the technology near Carnegie Mellon University in Pittsburgh and purchasing the San Francisco autonomous vehicle company Otto for an estimated million.
    But its plans were thrown into doubt when Waymo sued the company accusing Anthony Levandowski an Otto founder and former Googler of stealing trade secrets related to the lidar sensors that help driverless cars view the world around them.

 

Subscribe To Our Newsletter

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!

Share This

Share this post with your friends!