Notable Stocks in the News: Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), Yum! Brands, Inc. (NYSE:YUM)

On Thursday, Shares of Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), included7.93 % and shut at $13.89 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $13.07 and $14.14. ARIAD Pharmaceuticals, Inc. (ARIA), a rare cancer-focused innovative biotechnology company, recently declared that clinical data on brigatinib, its investigational anaplastic lymphoma kinase (ALK) inhibitor, will be presented at the International Association for the Study of Lung Cancer (IASLC) 17th World Conference on Lung Cancer (WCLC) being held in Vienna, December 4 to 7, 2016.

“We are excited that updated data from the ALTA trial on brigatinib in patients with ALK-positive non-small cell lung cancer will be presented at WCLC this year. We continue to be encouraged by the activity and safety profile seen in the ALTA trial, and especially the correlation between investigator and independent review assessments of response and response durability. ALTA data to be presented at the meeting will include about three months of additional follow-up as contrast to the abstract,” stated Timothy P. Clackson, Ph.D., president of research and development and chief scientific officer at ARIAD.

Shares of Yum! Brands, Inc. (NYSE:YUM), added 0.60 % and shut at $60.76 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $60.37 and $60.92. The association’s commercial center capitalization is $22.19 Billion with the general uncommon loads of 367.01 million. Yum! Brands, Inc. (YUM) recently declared that its Board of Directors authorized repurchases of up to $2 billion in shares of common stock through year end 2017. This is in addition to all prior authorizations. The anticipated share repurchases are part of Yum! Brands’ commitment to returning noteworthycapital to shareholders.

Yum! Brands, Inc., based in Louisville, Kentucky, has nearly 43,000 restaurants in 135 countries and territories and is one of the Aon Hewitt Top Companies for Leaders in North America. The company’s restaurant brands – KFC, Pizza Hut and Taco Bell – are the global leaders of the chicken, pizza and Mexican-style food categories. Worldwide, the Yum! Brands system opens over six new restaurants per day on average, making it a leader in global retail development.

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