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Company News For Jan 8, 2019

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  • Loxo Oncology Inc.’s shares jumped 66.3% after pharmaceutical behemoth Eli Lilly and Co. (LLY - Free Report) said it will acquire the company for $8 billion
  • Shares of Dollar Tree Inc. (DLTR - Free Report) soars 5.5% following news that activist investor Starboard Value LP has sought a change in its board and demands disinvestment ofunderperforming Family Dollar business
  • PG&E Corp.’s (PCG - Free Report) shares plunged 22.3% following reports that the company is considering filing for bankruptcy protectionrelated to potential liabilities from wildfires
  • Shares of Mattel Inc. (MAT - Free Report) surged 7.7% after the company unveiled a new partnership with Korean boy band BTS

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