Markets

Company News For Sep 10, 2019

  • AT&T Inc.’s T shares gained 1.5% after activist investor Paul Singer’s Elliott Management revealed that it acquired a stake worth $3.2 billion in the telecom giant’s stock.
  • Alcoa Corp. AA surged 6.2% after announcing its restructuring plan to get rid of its business unit structure and consolidate sales, procurement and other activities at enterprise level.
  • Amgen Inc.’s AMGN shares tumbled 2.6% after declaring disappointing data of Phase 1 study result of its cancer drug AMG 510.
  • Shares of The Boeing Co. BA declined 1.2% after suspending load testing of its new 777X aircraft following a cargo door’s failure to clear a ground stress test.

Click to get this free report

AT&T Inc. (T): Free Stock Analysis Report

The Boeing Company (BA): Free Stock Analysis Report

Amgen Inc. (AMGN): Free Stock Analysis Report

Alcoa Corp. (AA): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest Markets Videos

    Zacks

    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

    Learn More