Intercept set for modest gap up
Shares of Intercept Pharmaceuticals are up 7% premarket on light volume in response to the FDA's fast track designation for OCA as a treatment for primary biliary cirrhosis
Dollar Tree–The discount retailer's stock was upgraded to «buy» from «neutral» at Sterne Agee, which also downgrade competitor Dollar General to «neutral» from «buy.» The firm points to new initiatives by Dollar Tree to drive sales and better protection for its profit margins compared to its competitors.
Twitter–Cantor Fitzgerald raised its rating on Twitter to «buy» from «hold,» a day after Nomura Securities upgraded its Twitter rating to «buy.» Cantor cites both the passing of the recent lockup expiration, as well as this year's pullback in Twitter's stock price.
Infosys–Company president B.G. Srinivas has resigned, becoming the 10th senior executive to leave the information technology services company in the past year.
New day high in the last 30 minutes.