Breaking News Instant updates and real-time market news.

CTMX

CytomX Therapeutics

$15.18

0.18 (1.20%)

, BMY

Bristol-Myers

$56.29

-1.02 (-1.78%)

07:02
03/20/17
03/20
07:02
03/20/17
07:02

CytomX, Bristol-Myers expand collaboration with $200M upfront payment

Bristol-Myers Squibb (BMY) and CytomX Therapeutics (CTMX) announced an expansion of their 2014 strategic collaboration to discover novel therapies that will include up to eight additional targets using CytomX's proprietary Probody platform. "Probody therapeutics are designed to take advantage of unique conditions in the tumor microenvironment to enhance the tumor-targeting features of an antibody and reduce drug activity in healthy tissues," the companies explained. Under the terms of the agreement, CytomX will grant Bristol-Myers exclusive worldwide rights to develop and commercialize Probody therapeutics for up to six additional oncology targets and two non-oncology targets. Bristol-Myers Squibb will make an upfront payment of $200M to CytomX and, in addition, will provide research funding over the course of the research term. CytomX will also be eligible to receive up to $448M in future development, regulatory and sales milestone payments for each collaboration target, as well as tiered royalties from the mid-single digits to low-double digits on net sales of each product commercialized by Bristol-Myers Squibb.

CTMX

CytomX Therapeutics

$15.18

0.18 (1.20%)

BMY

Bristol-Myers

$56.29

-1.02 (-1.78%)

  • 20

    Mar

  • 21

    Mar

  • 28

    Mar

  • 01

    Apr

  • 27

    Apr

CTMX CytomX Therapeutics
$15.18

0.18 (1.20%)

03/01/17
NOMU
03/01/17
INITIATION
Target $21
NOMU
Buy
CytomX Therapeutics initiated with a Buy at Nomura
Nomura initiated CytomX Therapeutics with a Buy and a $21 price target.
01/03/17
OPCO
01/03/17
DOWNGRADE
OPCO
Perform
CytomX Therapeutics downgraded to Perform from Outperform at Oppenheimer
Oppenheimer analyst Leah Rush Cann downgraded CytomX Therapeutics to Perform citing valuation. The analyst's model assumes only one of the company's experimental therapies has a revenue impact between 2016 and 2025.
BMY Bristol-Myers
$56.29

-1.02 (-1.78%)

03/08/17
PIPR
03/08/17
NO CHANGE
Target $60
PIPR
Neutral
Piper views near-term takeout of Bristol-Myers as unlikely
In a research note titled "Lung Data to Define Value....Not M&A Talk," Piper Jaffray analyst Richard Purkiss contends that news reports suggesting Bristol-Myers (BMY) is a takeover target are "wide of the mark." Industry buyers are unlikely to show interest ahead of the immuno-oncology data readouts in the next 12 months, Purkiss tells investors. He believes the key value-defining events for Bristol over the next year are the four large I/O Combo studies set to read out from mid-2017: AstraZeneca's (AZN) MYSTIC, Merck's (MRK) KN-189, Roche's (RHHBY) IMpower 150 and the company's own CheckMate-227. Ahead of these data, it is virtually impossible to assign a stable fair value to Bristol's I/O franchise, Purkiss argues. He believes investors seeking to benefit from industry consolidation in the near-term should own small- or mid-cap oncology companies. The analyst has a Neutral rating on Bristol with a $60 price target. The stock closed yesterday down 64c to $56.33.
03/06/17
FBCO
03/06/17
NO CHANGE
FBCO
Near-Term acquisition of Bristol-Myers unlikely, says Credit Suisse
Credit Suisse analyst Vamil Divan says there is increasing investor focus on strategic actions and opportunities around Bristol-Myers (BMY) following the company's recent stumbles and the increased stake activist investors have taken in the stock. The analyst notes that "the big question" remains whether any of its peers may be interested in an outright acquisition, with Pfizer (PFE), Novartis (NVS) and Gilead (GILD) among the possible acquirers. While the numbers may make sense, Divan sees an acquisition in the next 9-12 months as unlikely as he needs more clarity on some of the large unknowns in the lung cancer market and macro issues such as corporate tax reform.
02/15/17
DBAB
02/15/17
NO CHANGE
DBAB
Deutsche not seeing Pfizer buying Bristol-Myers at this time
Following yesterday's speculation of a potential deal, Deutsche Bank analyst Gregg Gilbert said he would be surprised to see Pfizer (PFE) make a move on Bristol-Myers Squibb (BMY) at this stage. Such an acquisition "would represent a very large and concentrated opportunity/risk on immuno-oncology, an area fraught with near-term uncertainty," Gilbert told investors last night in a research note. He believes that if Pfizer were to use $90B for a deal, it would prefer to acquire a more diverse set of value drivers. The analyst keeps a Hold rating on Bristol and Buy rating on Pfizer. Bristol shares rose 3% yesterday to $53.71 amid speculation of a potential takeover. The conjecture had Roche (RHHBY), Novartis (NVS) and Pfizer potentially looking into a bid for Bristol.
02/01/17
GSCO
02/01/17
NO CHANGE
GSCO
Bristol-Myers estimates trimmed for Sprycel loss at Goldman
Goldman reduced Bristol-Myers earnings estimates by 4c-7c for 2017-2021 to reflect the lost of the Sprycel appeal in the EU. The firm continues to rate Bristol-Myers a Buy.

TODAY'S FREE FLY STORIES

CCN

CardConnect

$13.65

-0.25 (-1.80%)

, FDC

First Data

$16.64

-0.03 (-0.18%)

20:43
05/29/17
05/29
20:43
05/29/17
20:43
Hot Stocks
On The Fly: Top five weekend stock stories »

Catch up on the…

CCN

CardConnect

$13.65

-0.25 (-1.80%)

FDC

First Data

$16.64

-0.03 (-0.18%)

AKZOY

AkzoNobel

$28.37

-0.11 (-0.39%)

PPG

PPG

$107.24

0.33 (0.31%)

GM

General Motors

$33.07

0.47 (1.44%)

DIS

Disney

$108.41

1.14 (1.06%)

VIA

Viacom

VIAB

Viacom

$35.13

0.21 (0.60%)

F

Ford

$10.93

0.07 (0.64%)

IP

International Paper

$52.42

0.26 (0.50%)

CROX

Crocs

$6.59

0.12 (1.85%)

YHOO

Yahoo

$50.67

0.07 (0.14%)

FL

Foot Locker

$59.82

0.16 (0.27%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    May

  • 31

    May

  • 01

    Jun

  • 06

    Jun

  • 08

    Jun

  • 12

    Jun

  • 15

    Jun

  • 27

    Jul

  • 25

    Oct

AMGP

Antero Midstream GP

$21.97

-0.09 (-0.41%)

20:34
05/29/17
05/29
20:34
05/29/17
20:34
Initiation
Antero Midstream GP initiated  »

Antero Midstream GP…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AM

Antero Midstream

$34.28

-0.06 (-0.17%)

20:32
05/29/17
05/29
20:32
05/29/17
20:32
Initiation
Antero Midstream initiated  »

Antero Midstream…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

APLP

Archrock Partners LP

20:30
05/29/17
05/29
20:30
05/29/17
20:30
Downgrade
Archrock Partners LP rating change  »

Archrock Partners LP…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AMGP

Antero Midstream

$21.97

-0.09 (-0.41%)

20:28
05/29/17
05/29
20:28
05/29/17
20:28
Initiation
Antero Midstream initiated  »

Antero Midstream…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

OXY

Occidental Petroleum

$61.00

0.29 (0.48%)

20:27
05/29/17
05/29
20:27
05/29/17
20:27
Initiation
Occidental Petroleum initiated  »

Occidental Petroleum…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FRO

Frontline

$5.63

-0.39 (-6.48%)

, AMWD

American Woodmark

$88.90

1.3 (1.48%)

20:25
05/29/17
05/29
20:25
05/29/17
20:25
Earnings
Notable companies reporting before Tuesday's open »

Notable companies…

FRO

Frontline

$5.63

-0.39 (-6.48%)

AMWD

American Woodmark

$88.90

1.3 (1.48%)

SFL

Ship Finance

$13.05

-0.25 (-1.88%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    May

  • 30

    May

WDC

Western Digital

$90.01

0.74 (0.83%)

, TOSBF

Toshiba, also use TOSYY

$2.30

0.0023 (0.10%)

20:04
05/29/17
05/29
20:04
05/29/17
20:04
Periodicals
INCJ considers joint bid with Western Digital for Toshiba chips, Nikkei says »

State-backed Innovation…

WDC

Western Digital

$90.01

0.74 (0.83%)

TOSBF

Toshiba, also use TOSYY

$2.30

0.0023 (0.10%)

TOSYY

Toshiba, also use TOSBF

$13.80

-0.1 (-0.72%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

GOOG

Alphabet

$971.47

1.93 (0.20%)

, GOOGL

Alphabet Class A

$993.27

1.41 (0.14%)

20:01
05/29/17
05/29
20:01
05/29/17
20:01
Periodicals
Google, Sharp partner on VR displays, Nikkei says »

Google (GOOG) and…

GOOG

Alphabet

$971.47

1.93 (0.20%)

GOOGL

Alphabet Class A

$993.27

1.41 (0.14%)

HNHPF

Hon Hai Precision

SHCAY

Sharp

$3.80

0.1 (2.70%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 01

    Jun

  • 28

    Jun

  • 19

    Jul

MU

Micron

$29.76

0.33 (1.12%)

19:58
05/29/17
05/29
19:58
05/29/17
19:58
Periodicals
Micron to invest $2B in Japan memory chip facility, Nikkei says »

Micron plans to invest…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 31

    May

  • 05

    Jun

  • 06

    Jun

  • 06

    Jun

  • 07

    Jun

  • 09

    Jun

  • 15

    Jun

LNEGY

Linde

$19.28

-0.09 (-0.46%)

19:56
05/29/17
05/29
19:56
05/29/17
19:56
Periodicals
Linde to receive 'major' order from Russian company, Reuters says »

Linde is set to receive a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FDC

First Data

$16.64

-0.03 (-0.18%)

, CCN

CardConnect

$13.65

-0.25 (-1.80%)

19:38
05/29/17
05/29
19:38
05/29/17
19:38
Hot Stocks
First Data to acquire CardConnect for $15.00 per share »

First Data (FDC) and…

FDC

First Data

$16.64

-0.03 (-0.18%)

CCN

CardConnect

$13.65

-0.25 (-1.80%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    May

  • 31

    May

SSNLF

Samsung

$2,000.00

200 (11.11%)

, LYV

Live Nation

$34.25

0.05 (0.15%)

19:33
05/29/17
05/29
19:33
05/29/17
19:33
Hot Stocks
Samsung announces 'VR Live Pass,' new virtual reality partnerships »

Samsung (SSNLF) announced…

SSNLF

Samsung

$2,000.00

200 (11.11%)

LYV

Live Nation

$34.25

0.05 (0.15%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Jun

FISV

Fiserv

$124.09

-0.43 (-0.35%)

19:31
05/29/17
05/29
19:31
05/29/17
19:31
Hot Stocks
Fiserv says selected by Bank of Sydney »

Fiserv announced that…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NTDOY

Nintendo

$37.55

1.6 (4.45%)

19:29
05/29/17
05/29
19:29
05/29/17
19:29
Periodicals
Nintendo orders production ramp for 'Switch' console, FT reports »

Nintendo has ordered a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TSLA

Tesla

$325.14

8.31 (2.62%)

, CSIQ

Canadian Solar

$13.24

-0.48 (-3.50%)

19:16
05/29/17
05/29
19:16
05/29/17
19:16
Hot Stocks
WTO says U.S. launches investigation into solar cell imports »

The World Trade…

TSLA

Tesla

$325.14

8.31 (2.62%)

CSIQ

Canadian Solar

$13.24

-0.48 (-3.50%)

FSLR

First Solar

$36.84

-1.1 (-2.90%)

JASO

JA Solar

$6.91

-0.28 (-3.89%)

SPWR

SunPower

$7.95

-0.28 (-3.40%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    May

  • 06

    Jun

  • 20

    Jun

  • 29

    Jun

  • 02

    Oct

LRLCY

L'Oreal

$42.24

-0.165 (-0.39%)

18:47
05/29/17
05/29
18:47
05/29/17
18:47
Periodicals
Renhe Pharmacy mulls joining auction for The Body Shop, Sky News says »

China's Renhe…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AAPL

Apple

$153.61

-0.26 (-0.17%)

, QCOM

Qualcomm

$57.52

-0.93 (-1.59%)

18:43
05/29/17
05/29
18:43
05/29/17
18:43
Periodicals
Apple hires former Qualcomm VP to head SoC efforts, AppleInsider says »

Apple (AAPL) has hired…

AAPL

Apple

$153.61

-0.26 (-0.17%)

QCOM

Qualcomm

$57.52

-0.93 (-1.59%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 01

    Jun

GS

Goldman Sachs

$223.53

1.06 (0.48%)

18:40
05/29/17
05/29
18:40
05/29/17
18:40
Periodicals
Goldman Sachs bought $2.8B in Venezuelan bonds, WSJ says »

Goldman Sachs purchased…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    May

  • 18

    Jul

  • 17

    Oct

ICAGY

IAG

$15.65

-0.305 (-1.91%)

18:36
05/29/17
05/29
18:36
05/29/17
18:36
Hot Stocks
British Airways suffers 'major' IT failure »

IAG's British…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CNI

Canadian National

$77.01

-0.47 (-0.61%)

18:20
05/29/17
05/29
18:20
05/29/17
18:20
Hot Stocks
Canadian National reaches tentative labor with train conductors, yard employees »

CN announced it has…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PPG

PPG

$107.24

0.33 (0.31%)

, AKZOY

AkzoNobel

$28.37

-0.11 (-0.39%)

16:29
05/29/17
05/29
16:29
05/29/17
16:29
Hot Stocks
PPG says remains willing to engage with AkzoNobel »

PPG (PPG) issued the…

PPG

PPG

$107.24

0.33 (0.31%)

AKZOY

AkzoNobel

$28.37

-0.11 (-0.39%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PPG

PPG

$107.24

0.33 (0.31%)

, AKZOY

AkzoNobel

$28.37

-0.11 (-0.39%)

16:27
05/29/17
05/29
16:27
05/29/17
16:27
Periodicals
Court rejects Elliott challenge against AkzoNobel, Bloomberg says »

The Dutch Commercial…

PPG

PPG

$107.24

0.33 (0.31%)

AKZOY

AkzoNobel

$28.37

-0.11 (-0.39%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

DIS

Disney

$108.41

1.14 (1.06%)

, VIA

Viacom

16:21
05/29/17
05/29
16:21
05/29/17
16:21
Hot Stocks
Box Office Battle: 'Pirates' wins holiday weekend as 'Baywatch' stumbles »

Disney's (DIS)…

DIS

Disney

$108.41

1.14 (1.06%)

VIA

Viacom

VIAB

Viacom

$35.13

0.21 (0.60%)

FOX

21st Century Fox

$26.95

-0.28 (-1.03%)

FOXA

21st Century Fox

$27.03

-0.3 (-1.10%)

TWX

Time Warner

$99.07

0.1025 (0.10%)

CMCSA

Comcast

$40.91

0.57 (1.41%)

CMCSK

Comcast

LGF.A

Lionsgate

$27.76

2.21 (8.65%)

LGF.B

Lionsgate

$25.56

2.11 (9.00%)

SNE

Sony

$36.68

0.51 (1.41%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 08

    Jun

  • 12

    Jun

  • 15

    Jun

  • 15

    Jun

  • 27

    Jun

DGAS

Delta Natural Gas

15:56
05/29/17
05/29
15:56
05/29/17
15:56
Conference/Events
Delta Natural Gas to host special shareholder meeting »

Special Shareholder…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.