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Stock Market & Financial Investment News

News Breaks
June 26, 2014
08:02 EDTABBV, SHPGAbbVie can raise cash portion of Shire offer by 77%, says BMO Capital
BMO Capital estimates that AbbVie (ABBV) can increase the cash portion of its offer for Shire (SHPG) by as much as about 77%. If Shire does raise its bid by that amount, the deal would still be about 6% accretive in 2015 and 15% accretive in 2016, according to the firm. BMO Capital thinks there is a good chance that the deal will occur. It raised its price target on Abbvie to $68 from $60 and keeps an Outperform rating on the shares.
News For ABBV;SHPG From The Last 14 Days
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June 30, 2015
07:32 EDTABBVJuno pact leaves Celgene set for growth past Revlimid, says Deutsche Bank
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June 26, 2015
12:02 EDTABBVEMA adopts positive opinion on AbbVie's Humira for acne inversa
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June 25, 2015
13:58 EDTSHPGShire initiated with a Reduce at HSBC
Price target GBP 47.34.
June 24, 2015
06:12 EDTABBVAbbVie announces new TURQUOISE-III study results
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