Company News for May 19, 2017

•    Shares of L Brands Inc LB advanced 2.7% after the company reported first quarter 2017 earnings of $0.33 per share, surpassing the Zacks Consensus Estimate of $0.29

•    Pandora Media, Inc.’s P shares gained 5.5% following news that Sirius XM was in talks to purchase Pandora Media

•    Shares of Incyte Corporation INCY advanced 6.9% after the company’s IDO1 enzyme inhibitor in combo with Merck's MRK anti-PD-1 therapy showed positive results

•    Shire PLC’s SHPG shares gained 4.3% after the company revealed strong Phase 3 results for a drug that treats a rare condition which results in swelling under the skin
 


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