Morning Buzz: KaloBios (KBIO), Oculus (OCLS), Actinium (ATNM), FedEx (FDX), Pandora Media (P)

Shares of KaloBios Pharmaceuticals, Inc. (KBIO) tumbled 53% in pre-market trading Thursday morning. The nosedive being attributed to reports that Martin Shkreli, who is chief executive officer of Turing Pharmaceuticals and KaloBios, has been arrested by the FBI for securities fraud. According to Reuters, Shkreli’s probe stems from his time as manager of hedge fund […] View the full post at: Morning Buzz: KaloBios (KBIO), Oculus (OCLS), Actinium (ATNM), FedEx (FDX), Pandora Media (P) Related posts: FedEx Plans More Cutbacks; Profit Falls 75% FedEx Upbeat Holiday Forecast Denial – Sickening Pronouncements by Media, Disgusting Moves by Exchanges