Company News for April 18, 2017

Zacks Equity Research

Updated Tue, Apr 18, 2017, 10:52 AM

•   Shares of Moneygram International Inc MGI rose 7.8% after Ant Financial hiked its bid for MoneyGram, valuing the company at $1.2 billion

•   Eli Lilly and Company’s LLY shares declined 4.1% after the company’s drug to treat rheumatoid arthritis was rejected by Food and Drug Administration

•   Shares of Ashland Global Holdings Inc. ASH advanced 2% after the company agreed to purchase Pharmachem Laboratories Inc. for $660 million

•   Alere Inc’s ALR shares gained 15.9% after Abbott Laboratories ABT agreed to acquire the company

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Company News for April 18, 2017

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