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Stock Market & Financial Investment News

News Breaks
January 26, 2013
16:11 EDTACT, TEVA, ENDP, COV, ABTFDA panel recommends new restrictions on painkiller, WSJ says
After two days of testimony, an FDA drug safety advisory panel voted 19-10 to recommended new restrictions on products containing hydrocodone—a category that includes Vicodin--should be reclassified as Schedule II controlled substances, along with other narcotic painkillers such as oxycodone, says the Wall Steet Journal. Hydrocodone products are currently in Schedule III. Reference Link
News For ACT;TEVA;ENDP;COV;ABT From The Last 14 Days
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May 17, 2013
11:53 EDTENDPOptions with decreasing implied volatility: SGMO ARNA CSC ENDP
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May 16, 2013
10:03 EDTENDPOn The Fly: Analyst Upgrade Summary
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08:27 EDTENDPEndo Health upgraded to Buy from Neutral at Buckingham
Buckingham upgraded Endo Health based on attractive risk/reward and expectations for a more detailed strategy from the new CEO, maybe by Q2 results. Price target remains $41.
08:11 EDTACTNovartis says no intention of pursuing Actavis, Bloomberg reports
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07:46 EDTACTJefferies sees high probability of Actavis, Warner Chilcott merger
Jefferies believes a takeover of Warner Chilcott (WCRX) by Actavis (ACT) would make strategic and financial sense and would be significantly accretive to Actavis. The firm sees a high probability of a deal getting done and raised its price target for Actavis to $120 from $81 while keeping a Hold rating on the name. Jefferies estimates a deal at $24 per Warner Chilcott share would be accretive to Actavis' 2014 earnings by $5.31.
07:28 EDTCOVI/O Central to host a conference
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May 15, 2013
19:37 EDTACTNovartis weighing Actavis bid, WSJ reports
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18:17 EDTACTNovartis weighs possible bid for Actavis, DJ reports
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07:03 EDTACTMylan highly unlikely to acquire Actavis, says Barclays
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May 14, 2013
13:55 EDTACTActavis weighing over $5B bid for Warner Chilcott, snubbed Mylan, Bloomberg says
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13:36 EDTACTActavis discussing over $5B bid for Warner Chilcott, Bloomberg reports
Bloomberg cites a source.
13:22 EDTACTActavis turned down $15B takeover bid from Mylan, Bloomberg reports
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07:18 EDTACTBofA/Merrill to host a conference
2013 Health Care Conference is being held in Las Vegas on May 14-16.
May 13, 2013
12:14 EDTACTActavis price target raised to $140 from $125 at Buckingham
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09:44 EDTTEVASeveral companies reportedly interested in buying Adcock Ingram, Globes says
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09:27 EDTENDPEndo Health downgraded to Market Perform from Outperform at William Blair
09:25 EDTENDPOn The Fly: Pre-market Movers
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09:04 EDTACTActavis NDA for progestin-only patch accepted for filing by FDA
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09:04 EDTENDPEndo Health falls 4.8%
Endo Health is down 4.8%, or $1.67, to $33.30
09:00 EDTACTWarner Chilcott price target raised to $21 from $18 at Susquehanna
Susquehanna raised its price target on Warner Chilcott (WCRX) following its confirmation it is in discussions with Actavis (ACT) about a business combination. The firm believes the possible combination is compelling and worth exploring. Shares are Positive rated.
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