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Stock Market & Financial Investment News

News Breaks
February 12, 2014
06:46 EDTMNK, CADXCadence downgraded to Neutral from Outperform at Wedbush
Wedbush downgraded Cadence (CADX) to Neutral saying Mallinckrodt's (MNK) $14 per share offer to acquire the company is a fair valuation.
News For CADX;MNK From The Last 14 Days
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March 6, 2015
07:41 EDTMNKMallinckrodt acquisition positive, says Oppenheimer
After Mallinckrodt (MNK) announced that it was acquiring privately held Ikaria for $2.3B, Oppenheimer believes that Ikaria's products are a good fit for Mallinkrodt. The firm also likes what it sees as the additional diversification and operating margins provided by Ikaria's INOmax product. Noting that Mallinckrodt expects the deal to be immediately accretive, Oppenheimer raised its price target on Mallinckrodt to $140 from $122 and keeps an Outperform rating on the stock.
07:17 EDTMNKMallinckrodt price target raised to $141 from $120 at UBS
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March 5, 2015
07:41 EDTMNKMallinckrodt to host conference call
Conference call to discuss acquisition of Ikaria, Inc will be held on March 5 at 8:30 am. Webcast Link
07:03 EDTMNKMallinckrodt agrees to acquire Ikaria for $2.3B
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