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Perrigo upgraded to neutral by Goldman

Perrigo Co. was upgraded to neutral from sell by Goldman Sachs with a price target of $79 early Friday. Perrigo shares closed at $76.84 on Thursday. The company reported second-quarter profit and revenue beats Thursday and raised its 2017 guidance, ...

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J.C. Penney shares sink after losses exceed expectations

J.C. Penney Co. Inc. shares sank 16.4% in Friday premarket trading after the retailer reported second-quarter losses that exceeded expectations. J.C. Penney reported a net loss of $62.0 million, or 20 cents per share, after a loss of $56.0 million, ...

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