| | | Arconic sued in United States over fatal London tower fire | | | NEW YORK (Reuters) - A shareholder of Arconic Inc on Thursday filed a lawsuit accusing the company of defrauding shareholders over its supply of cladding panels used at Grenfell Tower, the London high-rise where at least 80 people died in a fire last month. |
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| | | Giving up the ghost: investors bail on Snap | | | While that is the premise of Snap Inc’s popular messaging platform, investors also saw any gains from its red-hot IPO disappear when shares plunged far below their initial sale price on Tuesday. |
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| Factbox: Snap IPO underwriters' coverage | | | (Reuters) - Snap Inc's shares slipped 1.3 percent to $15.48 in premarket trading on Friday, after IPO underwriter Cowen downgraded the stock to "market perform" and lowered its price target to $17 from $21. |
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