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Twenty-First Century Fox Inc (NASDAQ: FOXA) stock
gained nearly 2 percent amid a fresh round of M&A rumors. Comcast Corporation (NASDAQ: CMCSA) may be prepared to present an offer to buy Fox's assets even though it has
already reached a deal to sell most of its entertainment and media assets to Walt Disney Co (NYSE: DIS) for $52.4 billion, Reuters
reported.
General Dynamics Corporation (NYSE: GD) gained 2.2
percent after the global aerospace and defense company announced an acquisition. General Dynamics said it will buy CSRA Inc
(NYSE: CSRA) in a deal that values the stock at $40.75 per
share, which marks a premium of more than 30 percent from Friday's closing price of $30.82.
ContraVir Pharmaceuticals Inc (NASDAQ: CTRV)
gained around 35 percent. The nano-cap pharmaceutical company that focuses on curing hepatitis B said
it has reached an agreement with the U.S. Food and Drug Administration to streamline the development and registration of its
hepatitis B therapy called TXL.
VF Corp (NYSE: VFC) gained more than 2 percent to
trade at $81.24, which is within striking distance of its 52-week high of $82.95. The stock was upgraded from Hold to Buy at
Stifel.
Sharing Economy International Inc (NASDAQ: SEII)
could see continued volatility. The China based nano-cap's stock has fallen more than 15 percent over the past three trading
sessions but the company's chairman issued
an open letter to shareholders on Monday. The letter highlighted a series of corporate developments and how it plans on
focusing on "high growth opportunities" ahead.
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