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Jun 20, 2016

Stocks to Watch by CNBC on June 20, 2016


GlaxoSmithkline (GSK) said its experimental lung drug met the main goal of a late-stage study. The positive results allow the drugmaker to apply for marketing of the treatment by the end of the year.

Anti-trust regulators are concerned about Anthem's (ANTM) proposed acquisition of Cigna (CI), according to the Wall Street Journal. Regulators unsure whether the firms can offer enough concessions.

Iran has reached a deal to buy 100 planes from Boeing (BA), according to iranian officials, which would make Boeing the first major american company to enter a deal with Iran following the lifting of nuclear sanctions.

The Justice Department dropping a case against FedEx (FDX), which had accused the delivery giant of illegal prescription drug trafficking. FedEx had faced potential penalties of $1.6 million.

"Finding Dory" far surpassed estimates to top the North American box office this weekend, taking in $136.2 million, making the the Disney (DIS) and Pixar sequel the highest-grossing animated debut of all time.