Company News for April 18, 2017

ABT LLY ASH

 •    Shares of Moneygram International Inc rose 7.8% after Ant Financial hiked its bid for MoneyGram, valuing the company at $1.2 billion

•    Eli Lilly and Company’s (LLY - Free Report) shares declined 4.1% after the company’s drug to treat rheumatoid arthritis was rejected by Food and Drug Administration

•    Shares of Ashland Global Holdings Inc. (ASH - Free Report) advanced 2% after the company agreed to purchase Pharmachem Laboratories Inc. for $660 million

•    Alere Inc’s shares gained 15.9% after Abbott Laboratories (ABT - Free Report) agreed to acquire the company

 

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