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Rigel Initiates Phase 3 Studies Of Fostamatinib In ITP
Corporate Events for the Week of Jun. 2nd, 2014

Rigel Pharmaceuticals (NASDAQ: RIGL) shares dropped 17.36% to $3 in pre-market trading after the company reported that its R343 did not meet the primary endpoint in asthma study.

Kraft Foods Group (NASDAQ: KRFT) shares fell 2.10% to $51.71 in the pre-market trading. Kraft Foods has a PEG ratio of 2.91.

Tyson Foods (NYSE: TSN) dipped 1.52% to $31.00 in the pre-market session after analysts at Bank of America downgraded the stock from “buy” to “neutral.”

Windstream (NASDAQ: WIN) dipped 1.46% to $8.10 in the pre-market session. Windstream shares have dropped 14.82% over the past 52 weeks, while the S&P 500 index has gained 17.94% in the same period.

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