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Company News For May 17, 2018

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  • Twenty-First Century Fox Inc.’s (FOXA - Free Report) shares gained 0.7% after the company settled lawsuits with 18 former employees of the Fox News Channel, who had sued the company over alleged racial and gender discrimination
  • IQVIA Holdings Inc. (IQV - Free Report) decreased 2.9% after the FDA raised serious concerns with the company’s data related to controlled substances like prescription fentanyl
  • Abaxis Inc.’s shares jumped 16.2 after animal health company Zoetis Inc. (ZTS - Free Report) agreed to buy it for $1.9 billion in cash
  • Shares of Teva Pharmaceutical Industries Ltd. (TEVA - Free Report) rose 2.9% after Warren Buffet’s Berkshire Hathaway Inc. (BRK.B - Free Report) more than doubled its investment in the company

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