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Shares of Adobe Systems (ADBE) continue to see significant weakness in late-day trading on Wednesday, slumping by 4 percent.

Shares of Alnylam Pharmaceuticals (ALNY) continue to see substantial strength in afternoon trading on Wednesday, with the biopharmaceutical company surging up by 48.7 percent.

After gapping open sharply lower, shares of Bed Bath & Beyond (BBBY) continue to see significant weakness in afternoon trading on Wednesday.

Shares of L Brands (LB) have come under pressure during trading on Wednesday, slumping by 4.7 percent.

After an early move to the downside, shares of Western Digital (WDC) have climbed off their worst levels of the day but remain firmly in the red in afternoon trading on Wednesday.

Shares of FedEx (FDX) have moved to the upside over the course of the trading session on Wednesday, climbing by 2.3 percent.

Pfizer (PFE) said it filed suit in the U.S. District Court for the Eastern District of Pennsylvania against Johnson & Johnson, alleging that J&J's exclusionary contracts and other anticompetitive practices have denied U.S. patients access to therapeutic options and undermined the benefits of robust price...

Scientific Games Corp. (SGMS) will acquire all of the outstanding ordinary shares of NYX Gaming Group Limited (NYX.V) for C$2.40 per share, equivalent to an enterprise value of approximately C$775 million, or approximately US$631 million, the companies said. Scientific Games noted that the transaction...

American Eagle Outfitters, Inc. (AEO) announced plans to enter India through licensed stores. The company has signed a multi-year license agreement with the Aditya Birla Group. The first stores are expected to open in Mumbai and Delhi in Spring 2018. The Aditya Birla Group is an Indian multinational...

The Meet Group, Inc. (MEET) announced a definitive agreement to acquire Germany-based LOVOO, a social dating app, for $70 million in cash, inclusive of a $5 million contingent earn-out. The company expects this acquisition to close in October 2017. LOVOO, which has 97 full-time employees in Dresden...

Nalco Champion, an Ecolab company (ECL), announced a price increase for customers in all its segments. Pricing for most Nalco Champion products and programs will increase globally between 6 and 9 percent. The price increase will be effective Oct. 1, 2017. The company said the price adjustment is driven...

General Mills (GIS) reported that its adjusted EPS totaled $0.71 in the first quarter, down 9 percent from the prior year. Constant-currency adjusted EPS also declined 9 percent, reflecting lower adjusted operating profit. On average, 17 analysts polled by Thomson Reuters expected the company to report...

Carpenter Technology Corp. (CRS) said it will increase base prices three percent to eight percent on new non-contract orders across all stainless steel product forms. The increases will be effective with new orders placed after September 30, 2017. The company added that all applicable surcharges will remain in effect.

Alnylam Pharmaceuticals, Inc. (ALNY) and Sanofi Genzyme, the specialty care global business unit of Sanofi, announced that the APOLLO Phase 3 study of patisiran, an investigational RNAi therapeutic being developed for patients with hereditary ATTR amyloidosis with polyneuropathy, met its primary efficacy...

Halcón Resources Corp. (HK), an independent energy company, announced Wednesday that it has entered into an agreement to sell its remaining non-operated assets in the Williston Basin to a private company for approximately $104 million in cash. The sale is subject to customary closing conditions and adjustments. The...

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