Stockwinners Market Radar for May 26, 2019 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
TEVA | Hot Stocks12:11 EDT Teva reaches $85M agreement with State of Oklahoma - Teva Pharmaceuticals USA and related affiliates of Teva Pharmaceutical Industries, and the state of Oklahoma, have entered into an agreement for a one-time payment of $85M to the state. The settlement resolves the state's claims against Teva. The settlement does not establish any wrongdoing on the part of the company. "While the company has long stated that the courtroom is not a place to address the crisis, Teva is pleased to put the Oklahoma case behind it and remains prepared to vigorously defend claims against the company, including the upcoming federal court trial in Cleveland where the majority of the cases are pending. The state will allocate the payment made by Teva at its discretion including for payment of its fees and costs in connection with this settlement. Teva recognizes the devastating impact to communities across the U.S. as a result of illegal drug use and the misuse and abuse of opioids that are available legally by prescription. Teva continues to advocate for collaborative solutions throughout the country," the company said.
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ESLT | Hot Stocks12:08 EDT Elbit Systems awarded $127M contract to provide tactical radio system - Elbit Systems announced that it was awarded a $127M contract to supply vehicular tactical radio systems to the Army of a country in South Asia. The contract will be performed over a three-year period. The radios to be supplied will include several configurations for integration onboard a range of armored fighting vehicles and tanks at the battalion and company levels.
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ADM | Hot Stocks12:05 EDT Archer Daniels expands recall of Baker's Corner All Purpose Flour 5lb bags - ADM Milling is recalling all five-pound bags of Baker's Corner All Purpose Flour packaged for ALDI in select markets because of the potential presence of E.coli, which was discovered during testing of a five-pound bag of Baker's Corner All Purpose Flour by the Rhode Island Department of Health. The E.coli strain found in the bag has been linked to 17 illness in eight states. The food source of the E.coli strain for all cases remains under investigation, but out of an abundance of caution, ADM is expanding its previous recall notice of only two specific lots to include all Baker's Corner All Purpose Flour five-pound bags currently in distribution that were manufactured for ALDI at ADM's flour mill in Buffalo, New York. The recall includes products distributed in select stores in 11 states: Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont and West Virginia.
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