Stocks In Focus: VVUS, GS, PEP
Friday, July 16, 2021 8:57 AM

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Shares of Vivus Inc. (NASDAQ: VVUS) tumbled more than 55 percent in premarket trading on Friday, a day after a Food and Drug Administration panel rejected the company's potential weight loss drug Qnexa, citing safety concerns.

Goldman Sachs Group (NYSE: GS) rallied more than 4% in pre-maqrket trading after it agreed to pay $550 million to the Securities and Exchange Commission to settle civil fraud linked to mortgage investments.

PepsiCo Inc. (NYSE: PEP) said Friday that its board of directors approved an increase in its quarterly dividend by 7% to 48 cents a share from 15 cents. The dividend is payable September 30, 2010, to shareholders of record on September 3, 2010.


Disclosure: Author doesn't own any of the stocks discussed here.
 

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