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Company News For May 15, 2018

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  • Xerox Corp.’s (XRX - Free Report) shares plummeted 4.3% after the company abandoned a $6.1 billion merger deal with Japanese firm Fujifilm
  • Acacia Communications Inc. gained 8.7% following President Trump's announcement that he would work with China to restore ZTE Corp.’s business
  • State Bank Financial Corp.’s shares increased 1.6% after the bank agreed to be bought by fellow regional bank Cadence Bancorp in a $1.4 billion all-stock deal
  • Shares of Symantec Corp. jumped 9.6% after the company agreed to provide more information on an internal investigation into concerns voiced by an ex-employee

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