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Stock Market & Financial Investment News

News Breaks
January 31, 2013
09:06 EDTMAPP, AGNAllergan commences tender offer for MAP Pharmaceuticals
Allergan (AGN)'s wholly-owned subsidiary, Groundhog Acquisition, has commenced a tender offer to purchase all outstanding shares of common stock of MAP Pharmaceuticals (MAPP) for $25.00 per share, net to the seller in cash, without interest and less any applicable withholding taxes. The board of directors of MAP has unanimously agreed to recommend that MAPís stockholders accept the tender offer and tender their shares to Purchaser. The tender offer and withdrawal rights are scheduled to expire at 12:00 midnight, NYC time, on the night of February 28, unless extended.
News For AGN;MAPP From The Last 14 Days
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February 27, 2015
08:34 EDTAGNAllergan says FDA approves Natrelle Inspira breast implants
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February 20, 2015
07:08 EDTAGNAmerican Academy of Allergy, Asthma and Immunology to hold annual meeting
2015 Annual Meeting of AAAAI is being held in Houston, Texas on February 20-24.
February 19, 2015
07:40 EDTAGNActavis price target raised to $352 from $300 at Canaccord
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February 18, 2015
16:46 EDTAGNOn The Fly: Closing Wrap
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12:31 EDTAGNOn The Fly: Midday Wrap
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09:48 EDTAGNActavis Q4 'exceptional,' taking Allergan name 'wise,' says BMO Capital
BMO Capital says Actavis (ACT) is "firing on all cylinders" after reporting "exceptional" Q4 earnings on the strength of the company's North American Generics and International segment. BMO views the decision to adopt the Allergan (AGN) name as "wise" given the Botox maker's strong reputation. The firm keeps an Outperform rating on Actavis.
07:50 EDTAGNActavis CEO says company gave appropriate guidance to analysts
Actavis (ACT) CEO Saunders said he believes that the company did provide appropriate guidance to analysts ahead of its earnings beat. Saunders sees the Allergan (AGN) deal closing by the end of this quarter or early next quarter. Saunders says tying R&D to a percentage of revenue "makes no sense to me," noting that Actavis will spend about $1.7B on R&D next year. Saunders says will do acquisition if opportunity arises, but not planning for M&A right now. Actavis CEO Brent Saunders is speaking on CNBC.
07:01 EDTAGNActavis announces intention to adopt 'Allergan' corporate name
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06:34 EDTAGNActavis sees Allergan transaction completed in late Q1 or early Q2

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