billion-short
St. Jude says report by short sellers ‘false and misleading’
August 27, 2016 by publisher · Leave a Comment
The report, which caused St. Jude shares to fall 5 percent after its release on Thursday, alleged there were significant security bugs in the company's Merlin@home device for monitoring implanted heart devices. St. Jude chief technology officer Phil Ebeling on Thursday said “the allegations are absolutely untrue” but provided no specific examples of errors. St. Jude on Friday said most of the observations in the report applied to older versions of its Merlin@home devices, which had not been patched with security upgrades that the company automatically pushes out to customers…
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St. Jude says report by short sellers ‘false and misleading’
billion-short
Icahn denies attempt to sell Herbalife stock, buys more shares
August 27, 2016 by publisher · Leave a Comment
Herbalife shares rose 4 percent in extended trading, reversing course after Icahn said he had bought 2.3 million shares on Friday. “Completely contrary to what Bill Ackman stated on television today, I have never given Jefferies an order to sell any of our Herbalife shares,” Icahn said in a statement after market close. Ackman, who unveiled a $1 billion short bet against Herbalife in 2012, said on CNBC earlier in the day that Icahn's planned stake
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Icahn denies attempt to sell Herbalife stock, buys more shares