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Stock Market & Financial Investment News

News Breaks
October 24, 2012
06:33 EDTALXNAlexion raises FY12 EPS to $1.99-$2.04 from $1.78-$1.88, consensus $1.90
Raises FY12 revenue to $1.12B-$1.13B from $1.11B-$1.13B, consensus $1.13B.
News For ALXN From The Last 14 Days
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June 19, 2013
10:46 EDTALXNAlexion mentioned as possible target for Roche in London Times
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June 18, 2013
08:36 EDTALXNElan shares could be worh $19 in a buyout, says Jefferies
Jefferies raised its price target for shares of Elan (ELN) to $19 from $14, reflecting what it sees as the value of the company in a takeout scenario. The firm says Elan management suggested they would be open to sale in the $15-$20 per share range. Jefferies believes a high taxpaying suitor could pay the upper end of that range, and lists Allergan (AGN), Regeneron (REGN), Vertex (VRTX), Alexion (ALXN), Zoetis (ZTS), Mylan (MYL) and Perrigo (PRGO) as potential acquirers for Elan. Shares of Elan are up 13c to $13.62 in pre-market trading after Royalty Pharma announced that its buyout proposal for the company has expired.
June 10, 2013
14:38 EDTALXNAlexion: Will not present at William Blair conference due to schedule conflict
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