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Stock Market & Financial Investment News

News Breaks
July 13, 2014
20:22 EDTMYL, ABTMylan near buying Europe-based drug portfolio from Abbott, Reuters says
Mylan (MYL) is in late stage talks to acquire a multibillion-dollar portfolio of established Europe-based drugs from Abbott Laboratories (ABT), says Reuters. According to the Reuters report from late Friday, the acquisition of foreign assets by Mylan may allow the U.S-based drug company to be eligible for a tax inversion. The monetary amount of the acquisition is not known but Reuters said it was previously told by sources that Abbott was looking to sell a portfolio of mature drugs that was valued at approximately $5B. Reference Link
News For ABT;MYL From The Last 14 Days
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May 21, 2015
07:37 EDTABTPfizer replaces AbbVie as top global pharma pick at Jefferies
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May 19, 2015
08:02 EDTABTAbbott announces CE Mark for new advancement of Absorb stent system
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06:08 EDTMYLPerrigo CEO says would talk with Mylan, but at a higher price, Globes reports
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May 18, 2015
12:07 EDTMYLPerrigo: there is price point where would engage with Mylan, Bloomberg reports
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11:23 EDTABTFitch downgrades Abbott's L-T IDR to A; outlook revised to stable
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07:22 EDTMYLUBS to hold a conference
Global Healthcare Conference is being held in New York on May 18-20 with webcasted company presentations to begin on May 18 at 8 am; not all company presentations may be webcasted. Webcast Link
May 15, 2015
14:51 EDTMYLMylan ANDA for generic version of Lexapro approved by FDA
The ANDA from Mylan (MYL) for a generic version of Escitalopram Oxalate, which is sold under the trade name Lexapro by Actavis' (ACT) Forest Labs, was approved by the FDA on May 14, according to a post to the regulator's site. Reference Link
09:31 EDTMYLAmerican Thoracic Society to hold a conference
ATS 2015 Conference is being held in Denver on May 15-20.
May 14, 2015
09:41 EDTABTLeerink medical devices analyst holds a cardiology luncheon meeting
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May 11, 2015
14:27 EDTMYLCowen recommends adding to both Teva and Mylan at current levels
Cowen recommends adding to both Teva (TEVA) and Mylan (MYL) at current levels. The firm continues to believe that a Mylan transaction will proceed despite some early contentious language, and all of Mylan's concerns will be resolved.
11:53 EDTMYLTeva rejected chance to acquire Perrigo a few months ago, Globes reports
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10:30 EDTABTAbbott names Brian Yoor as SVP, Finance and CFO
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06:01 EDTMYLStocks with implied volatility movement; MYL NOK
Stocks with implied volatility movement; Mylan (MYL) 43, Nokia (NOK) 34 according to iVolatility.
May 8, 2015
16:44 EDTMYLMylan chairman says would consider buying Teva in the future, Reuters says
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15:26 EDTMYLMylan chairman says would consider buying Teva in the future, Reuters says
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13:46 EDTMYLTeva looks to raise $25B to support Mylan bid, Bloomberg reports
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12:38 EDTMYLTeva seeking $25B to finance bid for Mylan, Bloomberg reports
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