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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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August 26, 2015
10:00 EDTCOOOn The Fly: Analyst Upgrade Summary
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06:22 EDTCOOCooper Companies upgraded to Overweight from Sector Weight at KeyBanc
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August 25, 2015
07:55 EDTCOOK2M, Cooper favorite med tech names in current envirnoment, says Piper Jaffray
Piper Jaffray analyst Matt O'Brien said that his favorite names in medical technology given the current environment of broader market weakness are K2M Group (KTWO) and Cooper Companies (COO) given their limited exposure to China and the fact that neither has large exposure to big capital equipment purchases or deferrable procedures nor are they in need of capital. O'Brien has Overweight ratings on both stocks.

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