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Company News For Sep 10, 2019

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  • AT&T Inc.’s (T - Free Report) shares gained 1.5% after activist investor Paul Singer’s Elliott Management revealed that it acquired a stake worth $3.2 billion in the telecom giant’s stock.
  • Alcoa Corp. (AA - Free Report) surged 6.2% after announcing its restructuring plan to get rid of its business unit structure and consolidate sales, procurement and other activities at enterprise level.
  • Amgen Inc.’s (AMGN - Free Report) shares tumbled 2.6% after declaring disappointing data of Phase 1 study result of its cancer drug AMG 510.
  • Shares of The Boeing Co. (BA - Free Report) declined 1.2% after suspending load testing of its new 777X aircraft following a cargo door’s failure to clear a ground stress test.

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