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Stock Market & Financial Investment News

News Breaks
June 30, 2014
19:13 EDTCOOCooper Companies to acquire Saulfon Pharmaceuticals for $1.2B
The Cooper Companies announced it has entered into definitive agreements to acquire Sauflon Pharmaceuticals, a European manufacturer and distributor of soft contact lenses and solutions, in a transaction valued at approximately $1.2B. Sauflon forecasts revenue of approximately $210M for FY14, up approximately 22% year-over-year. Excluding one-time charges and deal-related amortization, the transaction is expected to be accretive to EPS in FY15. The acquisition will be financed with off-shore cash and credit facilities.
News For COO From The Last 14 Days
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March 27, 2015
06:46 EDTCOOContact lens makers, discounters battling over price setting, NY Times says
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March 24, 2015
07:21 EDTCOOCooper Companies outlook has improved, says Wells Fargo
After speaking with sources at the Global Contact Lens Forum at Vision Expo, Wells Fargo is more confident in Cooper's accelerating growth outlook in fiscal 2015 and beyond, driven by what the firm sees as the company's ability to gain share in the fast growing multifocal and daily lens market segments. The firm raised its price target range on the shares to $202-$203 from $184-$185 and keeps an Outperform rating on the stock.
March 20, 2015
10:00 EDTCOOOn The Fly: Analyst Initiation Summary
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09:32 EDTCOOCooper Companies management to meet with JPMorgan
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March 19, 2015
16:08 EDTCOOCooper Companies initiated with an Overweight at Piper Jaffray
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