PRE-MARKET MOVERS

 

UPGRADES

1. AAPL:$AAPL upgraded to Positive on iPhone 7 strength at OTR Global
3. BABA:$BABA upgraded to Strong Buy at Vetr Inc.

 

DOWNGRADES

1. AA:$AA downgraded to Neutral at Bank of America, maintians Neutral rating at Goldman Sachs – PT cut $28 from $30

 

Trending Social Alerts
2. IPCI:$IPCI Intellipharmaceutics, Mallinckrodt $MNK Enter Exclusive Licensing Agreement for XR Drug Candidates

 

Trending News Headlines

1. AstraZeneca pulls plug on PhII asthma trial at interim analysis, sinking Synairgen’s stock | FierceBiotech

AstraZeneca has halted a Phase IIa trial of the severe asthma drug it licensed from Synairgen. The Big Pharma took action after an interim analysis raised doubts about whether the study could deliver meaningful data against its primary endpoint, throwing the future of the program into question and wiping 40% off Synairgen’s share price.

2. Celgene and Agios Announce Collaborations with Abbott for Diagnostic Identification of IDH Mutations in AML | Business Wire

Celgene and Agios Form Diagnostic Collaborations for IDH Mutated AML

3. Apple (AAPL) PT Raised to $130 Mizuho; Sees In-Line Q4 and Upside to December Qtr

Mizuho Securities analyst Abhey Lamba previewed Apple’s (NASDAQ: AAPL) Q4 results, reiterating a Buy rating and bumping its price target to $130.00 (from $120.00).Lamba sees revenue and EPS…

4. Weyerhaeuser (WY) to Explore Options for Uruguay Business

Weyerhaeuser Company (NYSE: WY) announced the exploration of strategic alternatives for its timberlands and manufacturing…

5. Randomized, Double-Blind, Phase III Trial of Ipilimumab Versus Placebo in Asymptomatic or Minimally Symptomatic Patients With Metastatic Chemotherapy-Naive Castration-Resistant Prostate Cancer

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6. Stanley black & decker just hammered a nail through sears

One bidder for Sears’ Craftsman unit may have just pulled out of the race.

7. OPEC says it raises oil output, despite deal to cut

OPEC reported an increase in its oil production in September to a multi-year high and raised its forecast for 2017 non-OPEC supply growth, pointing to a larger surplus in the market next year despite the group’s deal to cut output.

Technology News

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