Amazon Hit With $294 Million Bill in EU Tax Crackdown | $AMZN, $AMGN, $MTFB, $LLEX, $DIS, $BMY, $EXEL

1. CATB:  $CATB After a recent failure, Catabasis uses open-label data for phase 3 push – FierceBiotech

2. CATB:  $CATB Catabasis conjures a stock gain from a failed Duchenne study, assisted by a frothy biotech market

3. AMGN, CTMX:  $CTMX Amgen $AMGN And CytomX Therapeutics Announce Strategic Collaboration In Immuno-Oncology – PRN

4. MTFB:  $MTFB Motif Bio Announces Positive Topline Results for iclaprim in the REVIVE-2 Phase 3 Study – GN

5. CAPR:  $CAPR Capricor Therapeutics Presents Positive Six-Month Results in Duchenne Muscular Dystrophy – PRN

6. VKTX:  $VKTX Viking Therapeutics Announces Top-Line Results from Proof-of-Concept Study of VK0214 – PRN

7. FOLD:  $FOLD Amicus’ latest positive update on Pompe drug hints at accelerated approval pitch – ENDPTS

8. MYL, TEVA:  $MYL Mylan surges, Teva $TEVA slumps after FDA okays Copaxone copy – Reuters

9. LLEX:  $LLEX Lilis Energy Announces Delaware Basin Acquisition and Wildhog BWX State Com #1H IP24 Rate – SI

10. ATNM:  $ATNM Actinium Pharma Update on Actimab-A Ph 2 Trial for Acute Myeloid Leukemia – GN

11. GBT:  $GBT Point72 Asset Management, L.P. Shows New 5.2% Stake in Global Blood Therapeutics – SI

12. DIS, TWTR:  $TWTR Disney $DIS was considering Twitter purchase before taking majority stake in BAMTech, Iger says

13. MON:  $MON Monsanto posts Q4 profit on demand for corn, soybean seeds – Reuters

14. BMY, EXEL:  $EXEL Exelixis Milestone Payment from Bristol-Myers $BMY for ROR?t Inverse Agonist Program – SI

15. EFX:  $EFX IRS gives Equifax $7.25 million to prevent tax fraud – CNet

16. RPM:  $RPM RPM Reports Record Results for Fiscal 2018 First Quarter – BW

17. PFBC: $PFBC Preferred Bank Announces Initiation of Up to $50M Common Share ‘At The Market Offering’ – SI

18. IDT: $IDT IDT Corporation Reports Fourth Quarter and Full Fiscal Year 2017 Results – PRN

19. VZ: $VZ Yahoo Triples Estimate of Breached Accounts to 3 Billion – WSJ

20. GOOG:  $GOOG Google Pixel 2 event: start time, live stream, and live blog – TheVerge

21. AAPL:  $AAPL EU takes Ireland to court for not claiming Apple tax windfall – Reuters

22. AMZN:  $AMZN Amazon Hit With $294 Million Bill in EU Tax Crackdown – BBG

23. F:  $F Ford CEO outlines plan to aggressively cut costs, funneling savings to electric, self-driving cars

24. PEP:  $PEP PepsiCo earnings top estimates even as North America beverage sales disappoint – CNBC

25. NLNK:  $NLNK NewLink Genetics Prices 5M Share Common Offering at $10.25/Sh – SI

26. CLSN:  $CLSN Celsion Surges Higher on Data; Speculation Turns to Another Equity Raise – SI

27. RIGL:  $RIGL Rigel Pharma to Offer Up to $40M in Common Stock – SI

28. ODP:  $ODP Office Depot to Buy CompuCom for $1 Billion – BBG

29. MNTA, MYL:  $MNTA FDA OK of Mylan’s $MYL generic Copaxone sinks Momenta – SA

1. ARGT, GGAL:UBS upgrades $GGAL from Neutral to Buy $ARGT

2. JACK:Jack in the Box on watch after Telsey upgrade

1. AJG:UPDATE: Deutsche Bank Downgrades Arthur J. Gallagher $AJG to Hold

2. ICPT:JMP Securities Downgrades Intercept Pharma to Hold $ICPT

3. KHC:UPDATE: Goldman Sachs Downgrades Kraft Heinz Company $KHC to Neutral, ‘No Longer See Upside’

4. PRAA:Janney Montgomery Scott Downgrades Portfolio Recovery Associates $PRAA to Sell

5. WFC:Wells Fargo credit rating downgraded at Fitch

1. PEP:$PEP reports FQ3 earnings of $1.48 EPS and $16.24B Revs –

2. RPM:$RPM reports FQ1 earnings of 86c EPS and $1.35B Revs –

3. MON:$MON reports FQ4 earnings of -25c EPS and $2.69B Revs –

4. AYI:$AYI reports FQ4 earnings of $2.55 EPS and $957.60M Revs –

1. NFLX:$NFLX PT raised to $225 from $190 at UBS

2. ES_F:$ES_F #GC_F Join us live for premarket analysis and trade plan setup @ 8:45 ET #ES_F #EMWS Please retweet

3. GOLD:$GOLD You could have had todays Newspaper Yesterday! Check it out

4. TTPH:$TTPH With modified interval between meals and dosing only 81% exposure compared to IV. Hence need to run a smaller…

5. OIL:$OIL #WTI #ElliottWave Analysis & Outlook VIDEO with 12 Other Major #Markets by @FXTradersEDGE_ >…

6. AUDUSD:AUDUSD MULTIPLE PATTERNS $AUDUSD

7. GILD:$GILD upgrade PT $93

8. AMGN:$CTMX Amgen $AMGN And CytomX Therapeutics Announce Strategic Collaboration In Immuno-Oncology – PRN

9. ROKU:$ROKU going to wrap up my fun today after the bell. a friend reminded me I don’t need a new shining toy and why I retired.

10. MTBC:$ECYT and $CLSN and $MTBC been awesome as small caps are hot!!, see what’s next today on news?.

11. AYI:Acuity Brands beats by $0.12, misses on revenue

12. CATB:$CATB Positive Results from Open-Label Extension of Phase 2 MoveDMD® Trial Evaluating Edasalonexent in #DMD

13. MGLN:Magellan Health downgraded by Zacks Investment Research to hold.

14. CTMX:$CTMX +31% and Wedbush reiterated CTMX with Outperform, price target: $37 up from $26

15. PEP:PepsiCo beats by $0.04, misses on revenue

1. Putin Says Oil Pact With OPEC May Be Extended to End of 2018

2. Amicus’s new drug for Pompe disease shows strong results

3. Actinium Pharmaceuticals Provides Update on Actimab-A Phase 2 Clinical Trial for Patients with Acute Myeloid Leukemia

4. Amicus Therapeutics Announces Additional Positive Data in Pompe Disease Phase 1/2 Study at World Muscle Society

5. Apple and Qualcomm’s Billion-Dollar War Over an $18 Part

6. EU takes Ireland to court for not claiming Apple tax windfall

7. Viking Therapeutics Announces Top-Line Results from Proof-of-Concept Study of VK0214 in In Vivo Model of X-Linked Adrenoleukodystrophy (X-ALD)

8. Capricor Therapeutics Presents Positive Six-Month Results in Duchenne Muscular Dystrophy at World Muscle Society International Congress

1. Our condolences to the Otellini family and everyone at Intel. Paul was a great friend of Apple.

These included transforming operations and cost structure for growth assuming a leadership position in the server market segment and maintaining profitability during the global recession.

He joined Intel in and served in a number of positions including general manager of Peripheral Components Operation and the Folsom Microcomputer Division and in as Andy chief of staff.

From to he held various positions at Intel including executive vice president and general manager of the Intel Architecture Group responsible for the microprocessor and chipset businesses and strategies for desktop mobile and enterprise computing as well as executive vice president and general manager of the Sales and Marketing Group.

2. It follows a three-year investigation into tax arrangements between Amazon and Luxembourg

The European Union EU competition commissioner Margrethe Vestager is expected to announce a recovery order later reports the Financial Times.

Such a move by the European Commission EC would be similar to a euros bill it levied against US technology giant Apple last year for Irish back taxes the Financial Times said.

Separately the European Commission is set to announce plans to crack down on VAT fraud which cost the bloc euros in lost tax each year.

3. Almost three quarters of Amazon’s profits were not taxed

This means that the payments between two companies in the same group should be in line with arrangements that take place under commercial conditions between independent businesses arm length principle.

The Commission also has two ongoing investigations into concerns that tax rulings may give rise to state aid issues in Luxembourg as regards McDonald and GDF Suez now Engie.

Our Communication set out the challenges Member States currently face when it comes to acting on this pressing issue and outlines possible solutions to be explored ahead of a Commission proposal in.

4. Such sad news. Paul was a great leader for Intel, a strong partner, and a wonderful man to work with. Prayers.

These included transforming operations and cost structure for growth assuming a leadership position in the server market segment and maintaining profitability during the global recession.

He joined Intel in and served in a number of positions including general manager of Peripheral Components Operation and the Folsom Microcomputer Division and in as Andy chief of staff.

From to he held various positions at Intel including executive vice president and general manager of the Intel Architecture Group responsible for the microprocessor and chipset businesses and strategies for desktop mobile and enterprise computing as well as executive vice president and general manager of the Sales and Marketing Group.

5. It was the Russians. No, really, it was, at least the subsequent attack, according to a federal indictment in March.

Continue reading the main story That investigators did not discover the full extent of the incident before Verizon closed the deal to acquire Yahoo in June was surprising to outside cybersecurity analysts.

But last August a hacking collective based in Eastern Europe quietly began offering information for sale according to intelligence gathered by InfoArmor an Arizona cybersecurity company that monitors the darker corners of the web.

Investigators said the Russian government used stolen Yahoo data to spy on a range of targets in the United States including White House and military officials bank executives and even a gambling regulator in Nevada according to an indictment.

6. “At @Oracle, there are 30,000 workers who actively use @SlackHQ for work.” #JavaOne #OOW17 #OracleCode

you see all these large enterprise software companies looking at messaging as a major platform looking to partner with us first and foremost said Brad Armstrong head of global business and corporate development.

Slack entered the partnership to differentiate its messaging product among large corporations a market the company has made a top priority since launching an version of its messenger in January.

Slack is hoping the Oracle partnership will entice more corporations to choose its messenger over Microsoft Teams Facebook Workplace and Atlassian Stride all of which launched in the past year.

7. “What we like to say at Bravo is that a picture is worth a thousand words, and a GIF is worth a million…”

Unlike a lot of digital media executives who scramble to figure out a revenue model only after built an audience Chung who at is old enough not only to remember the dotcom bubble but to have worked in it is measured and cool when asked how Giphy which is reportedly valued by investors at million will make money.

years later we were on stage at showing Mark Zuckerberg send Messenger chief David Marcus a GIF from Giphy Chung says in his calm even manner one morning in September as he sits with Leibsohn in a dimly lit conference room in the Meatpacking District headquarters.

left to right Jasmyn Lawson Stacy Rizetta and Tiffany Vazquez Photo Emiliano Granado By adding more original content including material that it is making itself with a growing network of artists and overseen by a producer worked at SNL and The Colbert Report Giphy is trying to distinguish itself just the way Netflix is with series like Stranger Things in an effort to create more user demand.

8. Uber has approved ‘one share, one vote’ provision that would strip its earliest backers of some of their power.

As Recode previously reported the quarreling board decided on a compromise peeling out more stringent terms that would have further attempted to put guardrails around Kalanick while also giving more power to CEO Dara Khosrowshahi.

Shervin Pishevar one of closest allies and a former board observer at the company previously had promised a lawsuit for tens of billions of dollars should the proposal on voting changes be approved.

board action today was unfair and illegal and we will be relentless in rectifying this wrong he said in a statement after the vote alleging that it takes more valuable shares away from early owners like himself.

9. Snap has sold more Spectacles than Apple sold iPods in their first year, says CEO

Snap has sold about of its camera glasses called Spectacles CEO Evan Spiegel said on Tuesday.

For Snap the glasses are a way to build expertise in the hardware field in anticipation of greater adoption in the next ten years so many things are coming for Spectacles he said.

While Snap IPO saw big gains out of the gate shares have fallen more than percent over the past six months.

10. LIVE: Snapchat CEO: Spectacles has outsold our expectations $SNAP #VFSummit

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