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The retirement income gap no-one is talking about

People are living longer than ever before and this can impact how you plan for retirement

Valeant rejects takeover approach; Tesla Gigafactory grand opening; GameStop falls on weak guidance

Seana Smith
·Host

Yahoo Finance is tracking the stocks you’re following, based on your Yahoo Finance ticker searches.

Valeant Pharmaceuticals (VRX) – The Wall Street Journal reported that Valeant Pharmaceuticals rejected a combined takeover approach from Takeda (TKPYY) and private-equity firm TPG. It came before Valeant hired Joseph Papa as its new CEO.

Tesla (TSLA) – The electric carmaker plans to hold a Gigafactory grand opening event on July 29 at its plant in Reno, marking the first time it’s open to the public. The company sent personal invitations to Tesla owners who referred five or more Model S buyers between November 1 and December 31 of last year.

GameStop (GME) – The company posted a decline in both revenue and profit, and provided a weak profit outlook. New videogame software sales fell 7.6%, while sales of preowned and value games dropped 3.7%. These two categories account for nearly 60% of total sales.

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Palo Alto Networks (PANW) – The company reported its eigth consecuritive quarterly beat, but a light fourth-quarter outlook is weighing on the stock. The company projected adjusted earnings per share of $0.48 to $0.50 and revenue in a range of $386 million to $390 million in the fourth quarter.

Lending Club (LC) – The Wall Street Journal is reporting that Lending Club is in talks with Citigroup (C) about being a source of funding as loans pull back following the resignation of its CEO.