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Stock Market & Financial Investment News

News Breaks
March 18, 2013
06:03 EDTACT, TEVA, IPXL, MYL, PFEGeneric Drug sector downgraded to Market Weight at Wells Fargo
Wells Fargo downgraded its rating on the Generic Drug sector to Market Weight from Overweight citing the outperformance of the group over the past four years and concerns about new growth drivers. Coinciding with the sector downgrade, Wells cut its ratings on Actavis (ACT) and Teva (TEVA) to Market Perform from Outperform. The firm keeps Market Perform ratings on Impax (IPXL) and Mylan (MYL) and recommends rotation into Large Cap Pharma. Wells calls Pfizer (PFE) its top large cap pick in Pharma.
News For ACT;TEVA;IPXL;MYL;PFE From The Last 14 Days
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July 24, 2014
14:35 EDTMYLObama to call for elimination of tax inversion deals, NY Times says
President Obama will call on Congress today to eliminate the tax inversion loophole, according to The New York Times. Among the deals or possible transactions that involve inversion are Mylan's (MYL) acquisition of Abbott’s (ABT), Medtronic's acquisition of Covidien (COV)and Valeant's (VRX) proposed takeover of Alletgan (AGN)Reference Link
07:27 EDTTEVASome of Teva's biggest investors to vote against re-electing directors, WSJ says
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06:45 EDTTEVATeva price target raised to $70 from $65 at Barclays
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July 23, 2014
10:02 EDTTEVA, MYL, ACTOn The Fly: Analyst Initiation Summary
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08:10 EDTACT, MYL, TEVADeutsche Bank hosts an analyst Specialty Pharma/Industry conference call
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07:09 EDTMYLMylan wins restraining order against Apotex for generic version of GSK's Paxil
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06:45 EDTMYLLawmakers divided on inversion deals, NY Times says
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July 22, 2014
16:18 EDTPFEPuma Biotech now responsible for R&D expenses associated with legacy trials
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16:09 EDTACTActavis initiated with a Buy at Deutsche Bank
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16:08 EDTTEVATeva initiated with a Buy at Deutsche Bank
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16:08 EDTMYLMylan initiated with a Buy at Deutsche Bank
Target $67.
July 21, 2014
16:36 EDTACTActavis and Medicines360 announce FDA acceptance of Levosert NDA
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08:11 EDTTEVAArena Pharma' subsidiary enters into agreement for Belviq with Teva subsidiary
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08:01 EDTTEVATeva completes acquisition of Labrys
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July 18, 2014
16:47 EDTMYLMarket ends week higher as earnings, M&A offset geopolitical tensions
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12:51 EDTMYLKey GOP senator signals readiness for inversion deal, The Hill says
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July 17, 2014
15:42 EDTACTDepomed says Actavis preliminarily enjoined from marketing generic Gralise
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11:07 EDTMYLAcorda sues Mylan over plans to duplicate Ampyra MS drug, Bloomberg says
08:08 EDTPFEBristol-Myers, Pfizer announce enrollment in Phase IV EMANATE trial for Eliquis
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07:18 EDTMYLMylan wins motion to enjoin GlaxoSmithKline from production of generic product
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