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Company News For Jun 4, 2019

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  • Shares of El Paso Electric Co. climbed 13.5% following confirmation that JP Morgan-controlled Infrastructure Investments Fund will acquire the company for $4.3 billion
  • Cypress Semiconductor Corp.’s (CY - Free Report) shares jumped 23.9% after Infineon Technologies AG decided to acquire the company for $10.1 billion
  • Amgen Inc.’s (AMGN - Free Report) shares soared 3.4% after the company announced positive initial results from its experimental drug AMG 510 for the treatment of non-small-cell lung cancer
  • Shares of Merck & Co. Inc. (MRK - Free Report) gained 1.3% after the FDA approved the filling of sNDA of its antibiotic  ZERBAXA to treat hospital-acquired pneumonia in patients 18 years and older

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