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Company News For Dec 27, 2017

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  • Shares of Mallinckrodt Public Limited Company (MNK - Free Report) rallied 0.7% after it announced that it had agreed to buy Sucampo Pharmaceuticals, Inc. for $1.2 billion which also includes debt
  • Portola Pharmaceuticals, Inc. (PTLA - Free Report) plummeted 10.7% after it announced that the FDA had increased its review period by 90 days for a biologics license application for the company’s AndexXa product
  • Capital One Financial Corporation’s (COF - Free Report) shares tanked 0.6% after the company reduced its amount of authorized share repurchases following Fed’s instructions
  • Shares of Fortress Investment Group LLC declined 0.3% after the company purchased 4% stakes in Theranos — on the verge of bankruptcy, in return of a $100 million loan


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