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Company News for July 11, 2016

• Juno Therapeutics Inc’s (JUNO) shares plunged 31.9% after the U.S. Food and Drug Administration put the study of a cancer drug on hold following death of three patients during its trial 
 

• Shares of Polycom, Inc. (PLCM) rose 12.7% on news that private equity firm Siris Capital Group will acquire it for $2 billion in cash
 

• Gap, Inc. (GPS) shares climbed 5% after reporting that its same-store sales increased by 2% to $1.57 billion last month 
 

• Shares of Barracuda Networks, Inc. (CUDA) jumped 18.8% after posting fiscal first quarter  earnings of $0.10 per share, surpassing the Zacks Consensus Estimate of $0.01

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