Breaking News Instant updates and real-time market news.

BIIB

Biogen

$229.21 /

-1.49 (-0.65%)

07:34
05/20/19
05/20
07:34
05/20/19
07:34

Biogen recommends investors reject below-market mini-tender offer by TRC Capital

Biogen announced that it has received notice of an unsolicited mini-tender offer by TRC Capital Corporation to purchase up to 500,000 shares of Biogen's common stock at a price of $216.25 per share in cash. Biogen does not endorse TRC Capital's unsolicited mini-tender offer and recommends that stockholders do not tender their shares in response to TRC Capital's offer because the offer is at a price below the current market price for Biogen's shares and subject to numerous conditions. Biogen is not affiliated or associated in any way with TRC Capital, its mini-tender offer or the offer documentation. Biogen urges investors to obtain current market quotations for their shares, to consult with their broker or financial advisor and to exercise caution with respect to TRC Capital's offer. Biogen recommends that stockholders who have not responded to TRC Capital's offer take no action. TRC Capital's offer price is approximately 4.41% lower than the $226.23 closing share price of Biogen's common stock on May 10, 2019, the last business day prior to the commencement of the offer, Biogen said in a statement. The offer is for approximately 0.26% of the shares of Biogen common stock outstanding as of the May 13, 2019, offer date.

  • 29

    May

  • 05

    Jun

BIIB Biogen
$229.21 /

-1.49 (-0.65%)

05/09/19 Barclays
Barclays cuts Biogen target to $245 on reduced Spinraza estimates
05/07/19 Morgan Stanley
Biogen could rise, or fall, 5% based on Zolgensma label, says Morgan Stanley
05/02/19 Piper Sandler
Owning Biogen shares here 'makes a lot of sense,' says Piper Jaffray
04/24/19 Piper Sandler
Piper still recommends Biogen despite 'not the best' quarter

TODAY'S FREE FLY STORIES

Hot Stocks
Shopify cancels in-person element of Unite conference over coronavirus » 10:35
02/28/20
02/28
10:35
02/28/20
10:35
SHOP

Shopify

$431.16 /

-8.74 (-1.99%)

Shopify announced on it…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
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

Hot Stocks
Shopify cancels in-person element of Unite conference over coronavirus » 10:35
02/28/20
02/28
10:35
02/28/20
10:35
SHOP

Shopify

$431.16 /

-8.74 (-1.99%)

Shopify announced on it…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Options
Starbucks put volume heavy and directionally bearish » 10:35
02/28/20
02/28
10:35
02/28/20
10:35
SBUX

Starbucks

$77.11 /

-1.16 (-1.48%)

Bearish flow noted in…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

On The Fly
Zoom Video rally on coronavirus fears also helps wrong Zoom rise again » 10:34
02/28/20
02/28
10:34
02/28/20
10:34
ZM

Zoom Video

$117.17 /

+3.39 (+2.98%)

, ZOOM

Zoom Technologies

$0.00 /

+ (+0.00%)

Shares of Zoom Video…

Open Full Text

ShowHide Related Items >><<
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

General news
Treasury Action: yields continue to dive on a flight to safety amid another 3.7% dive on Wall Street » 10:25
02/28/20
02/28
10:25
02/28/20
10:25

Treasury Action: yields…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

General news
Michigan sentiment bucked covid-19 fears » 10:25
02/28/20
02/28
10:25
02/28/20
10:25

Michigan sentiment bucked…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

Conference/Events
Cowen retail/consumer analyst to hold an analyst/industry conference call » 10:25
02/28/20
02/28
10:25
02/28/20
10:25

Retail Analyst Chen…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

Conference/Events
UBS alternative energy analyst to hold an analyst/industry conference call » 10:25
02/28/20
02/28
10:25
02/28/20
10:25

Alternative Energy &…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

Conference/Events
The FCC to hold a meeting » 10:25
02/28/20
02/28
10:25
02/28/20
10:25

Open Commission Meeting…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

On The Fly
The Intersection: Crypto and Wall Street This Week » 10:22
02/28/20
02/28
10:22
02/28/20
10:22
BTC

Bitcoin

$0.00 /

+ (+0.00%)

, BITCOIN

Bitcoin

$0.00 /

+ (+0.00%)

, SHOP

Shopify

$429.00 /

-10.9 (-2.48%)

, FB

Facebook

$186.08 /

-3.63 (-1.91%)

, DPW

DPW Holdings

$1.09 /

-0.095 (-8.02%)

, AMD

AMD

$42.02 /

-1.98 (-4.50%)

, NVDA

Nvidia

$248.87 /

-3.51 (-1.39%)

, OSTK

Overstock.com

$6.40 /

-0.5 (-7.25%)

, KODK

Kodak

$2.90 /

-0.145 (-4.76%)

, IDEX

Ideanomics

$0.37 /

-0.0039 (-1.05%)

, RIOT

Riot Blockchain

$1.14 /

-0.085 (-6.94%)

, TEUM

Pareteum

$0.51 /

-0.0216 (-4.06%)

, SRAX

SRAX, Inc

$2.67 /

+ (+0.00%)

As bitcoin, ethereum and…

Open Full Text

ShowHide Related Items >><<
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

Options
50c goes triple platinum as VIX calls trade 1000% above purchase price » 10:20
02/28/20
02/28
10:20
02/28/20
10:20
VIX

Volatility Index S&P 500 Options

$0.00 /

+ (+0.00%)

50c goes triple platinum…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

Conference/Events
Roth Capital biotech analyst to hold an analyst/industry conference call » 10:18
02/28/20
02/28
10:18
02/28/20
10:18
MITO

Stealth Biotherapeutics

$1.78 /

-0.04 (-2.20%)

Biotech Analyst Rahimi,…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Downgrade
Baidu downgraded to Outperform from Buy at Daiwa » 10:17
02/28/20
02/28
10:17
02/28/20
10:17
BIDU

Baidu

$117.12 /

-2.52 (-2.11%)

Daiwa analyst John Choi…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
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

Technical Analysis
NASDAQ market internals summary » 10:17
02/28/20
02/28
10:17
02/28/20
10:17
$NSD

NASDAQ Market Internals

$0.00 /

+ (+0.00%)

Volume is above average…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

Hot Stocks
Biofrontera AG (ADS) trading resumes  10:16
02/28/20
02/28
10:16
02/28/20
10:16
BFRA

Biofrontera

$10.15 /

+ (+0.00%)

 
ShowHide Related Items >><<
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

Technical Analysis
NYSE market internals summary » 10:16
02/28/20
02/28
10:16
02/28/20
10:16
$NYE

NYSE Market Internals

$0.00 /

+ (+0.00%)

Volume is above average…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

Downgrade
Baidu downgraded to Neutral from Buy at BOCOM » 10:12
02/28/20
02/28
10:12
02/28/20
10:12
BIDU

Baidu

$117.62 /

-2.02 (-1.69%)

BOCOM analyst Connie Gu…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
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

Hot Stocks
Biofrontera AG (ADS) trading halted, volatility trading pause  10:11
02/28/20
02/28
10:11
02/28/20
10:11
BFRA

Biofrontera

$10.15 /

+ (+0.00%)

 
ShowHide Related Items >><<
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

General news
The U.S. advance indicators report » 10:10
02/28/20
02/28
10:10
02/28/20
10:10

The U.S. advance…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

Options
Size put spread bought in Corporate Bond ETF » 10:10
02/28/20
02/28
10:10
02/28/20
10:10
LQD

iShares iBoxx $ Investment Grade Corporate Bond

$131.10 /

+0.39 (+0.30%)

Size put spread bought in…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

General news
U.S. consumer sentiment was revised up to 101.0 in the final February print » 10:10
02/28/20
02/28
10:10
02/28/20
10:10

U.S. consumer sentiment…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

Initiation
Fly Intel: Top five analyst initiations » 10:07
02/28/20
02/28
10:07
02/28/20
10:07
PLXS

Plexus

$66.14 /

+ (+0.00%)

, HARP

Harpoon Therapeutics

$14.29 /

+0.04 (+0.28%)

, EPC

Edgewell Personal Care

$31.50 /

+1.04 (+3.41%)

, HBT

HBT Financial

$16.76 /

+ (+0.00%)

, RESN

Resonant

$1.65 /

+0.03 (+1.85%)

Catch up on today's…

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Plexus (PLXS) initiated with a Market Perform at Raymond James. 2. Harpoon Therapeutics (HARP) initiated with a Buy at SunTrust. 3. Edgewell Personal Care (EPC) reinstated with a Conviction Buy at Goldman Sachs. 4. HBT Financial (HBT) initiated with a Neutral at Piper Sandler. 5. Resonant (RESN) initiated with a Buy at Stifel. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
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

Downgrade
Fly Intel: Top five analyst downgrades » 10:07
02/28/20
02/28
10:07
02/28/20
10:07
FLIR

Flir Systems

$41.44 /

-2.98 (-6.71%)

, WLL

Whiting Petroleum

$1.57 /

-0.135 (-7.92%)

, BIG

Big Lots

$16.18 /

-6.26 (-27.90%)

, TDOC

Teladoc

$140.74 /

+5.57 (+4.12%)

, NLSN

Nielsen

$18.23 /

-0.33 (-1.78%)

Catch up on today's…

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Flir Systems (FLIR) downgraded to Hold from Buy at SunTrust and to Neutral from Outperform at Baird. 2. Whiting Petroleum (WLL) downgraded to Hold from Buy at Stifel with analyst Michael Scialla saying he is waiting for Whiting to find a solution to refinance its 2021 debt maturity obligation, which was $774M at the end of 2019. 3. Big Lots (BIG) downgraded to Underweight from Neutral at JPMorgan with analyst Matthew Boss saying he sees "material risk" to second half of 2020 estimates after the company missed expectations in Q4. 4. Teladoc (TDOC) downgraded to Sector Weight from Overweight at KeyBanc with analyst Donald Hooker citing valuation. 5. Nielsen (NLSN) downgraded to Neutral from Outperform at Baird with analyst Jeffrey Meuler saying the company's 2020 guidance implies continued Audience Measurement deceleration, minimal overall growth with flat to down margins, and continued weak free cash flow conversion. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
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

Upgrade
Fly Intel: Top five analyst upgrades » 10:07
02/28/20
02/28
10:07
02/28/20
10:07
FB

Facebook

$187.00 /

-2.71 (-1.43%)

, DG

Dollar General

$153.68 /

-3.92 (-2.49%)

, LYB

LyondellBasell

$70.50 /

+1.74 (+2.53%)

, WFC

Wells Fargo

$41.27 /

-1.18 (-2.78%)

, HEI

Heico

$104.29 /

-0.97 (-0.92%)

Catch up on today's…

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Facebook (FB) upgraded to Buy from Hold at Edward Jones. 2. Dollar General (DG) upgraded to Buy from Hold at Jefferies with analyst Christopher Mandeville saying the company's strategic initiatives set stage for accelerated EBIT growth with fiscal 2021 "showing notable upside." 3. LyondellBasell (LYB) upgraded to Neutral from Underweight at JPMorgan with analyst Jeffrey Zekauskas saying after falling 17% since July 2019, shares of LyondellBasell have reached the analyst's price target. He views the stock's current valuation as fair. 4. Wells Fargo (WFC) upgraded to Neutral from Underweight at Atlantic Equities. 5. Heico (HEI) upgraded to Neutral from Sell at UBS with analyst Louis Raffetto citing valuation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
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

Options
3M call volume above normal and directionally bullish » 10:05
02/28/20
02/28
10:05
02/28/20
10:05
MMM

3M

$154.84 /

+4.68 (+3.12%)

Bullish option flow…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
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.