WH Smith Cuts, Sanofi Setback, STMicro Up
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- WH Smith lowered its profit outlook and set out a plan to raise capital as the fallout from the conflict in the Middle East weighs on sales at the retailer’s network of airport stores.- Sanofi halted a late-stage trial of an experimental medicine for a rare autoimmune disorder, ramping up pressure on its new chief executive to beef up the drugmaker’s pipeline.- The rally in STMicroelectronics NV shares has nearly 40% further to go, Bank of America Corp. analysts said, raising their price…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.