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Israeli drugmaker says its payment of $85 million to the state is not an admission of wrongdoing.
Two car makers are in talks for a 'tie-up" alliance that could be confirmed as earlier as early Monday, reported several news outlets over the weekend.
Stifel says long-term trends working in Alibaba's favor are more significant than the trade war between the U.S. and China.
The real danger is that Chinese demand for Apple products will slump, according to Dan Ives.
An announcement on job cuts comes just days after legendary corporate raider Nelson Peltz and his investment firm, Trian Fund Management, won two seats on Legg Mason's board of directors.