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Stock Market & Financial Investment News

News Breaks
May 15, 2014
07:05 EDTBAYRY, BSXBoston Scientific agrees to acquire Interventional division of Bayer for $415M
Boston Scientific (BSX) has entered into a definitive agreement to acquire the Interventional Division of Bayer AG (BAYRY) for $415M in cash, including fees for transitional services. The company expects to close the transaction in the second half of 2014, subject to customary closing conditions. The acquisition is expected to improve Boston Scientific's access to a number of attractive segments in the peripheral space, including the growing atherectomy and thrombectomy categories. In 2013, Bayer Interventional generated sales of approximately $120M. Upon completion of the transaction, Bayer Interventional will become part of the existing Boston Scientific Peripheral Interventions business. The agreement calls for an up-front payment of $415M. The company currently expects the transaction to be immaterial to adjusted earnings per share in 2014, accretive by approximately 1c in 2015 and increasingly accretive thereafter. On a GAAP earnings per share basis, the company expects the transaction to be slightly dilutive in 2014, immaterial in 2015, and less accretive than on an adjusted earnings per share basis thereafter as a result of acquisition-related net charges and amortization, which will be determined following the closing. Closing of the transaction is subject to customary conditions, including relevant antitrust clearance, and is expected to occur in the second half of 2014.
News For BSX;BAYRY From The Last 14 Days
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December 19, 2014
07:38 EDTBSXBoston Scientific risk/reward favorable after trial ends, says Wells Fargo
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December 18, 2014
12:17 EDTBAYRYBayer, Cardinal Health sign contract manufacturing agreement for Xofigo
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December 16, 2014
08:11 EDTBAYRYFoamix earns $2.5M milestone payment from Bayer
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December 12, 2014
09:02 EDTBSXBoston Scientific presents data of Precision Spinal Cord Stimulator system
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December 10, 2014
07:56 EDTBAYRYUBS to hold a conference
Agriculture Investor Day is being held in Chicago on December 10.
07:38 EDTBSXBoston Scientific management to meet with Deutsche Bank
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06:01 EDTBSXBoston Scientific implied volatility of 38 at upper end of index mean range
December 9, 2014
12:22 EDTBAYRYPiper Jaffray biopharm analyst holds an analyst/industry conference call
Senior Research Analyst Schimmer, along with Biopharmaceuticals Analyst Breazzano, discuss gene therapy for hemophilia on an Analyst/Industry conference call to be held on December 11 at 10 am.
10:27 EDTBSXOptions with increasing implied volatility
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10:23 EDTBAYRYOn The Fly: Analyst Downgrade Summary
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05:38 EDTBAYRYBayer downgraded to Neutral from Buy at BofA/Merrill
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December 8, 2014
10:42 EDTBSXOptions with increasing implied volatility
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05:53 EDTBSXStocks with implied volatility movement; BSX BMY
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December 5, 2014
10:44 EDTBSXOptions with increasing implied volatility
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05:54 EDTBSXStocks with implied volatility movement; BSX OPK
Stocks with implied volatility movement; Boston Scientific (BSX) 32, OPKO Health (OPK) 37 according to iVolatility.

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