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Stock Market & Financial Investment News

News Breaks
March 11, 2014
08:58 EDTCOVCovidien initiated with a Buy at BTIG
Target $83.
News For COV From The Last 14 Days
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July 28, 2014
07:30 EDTCOVQ1 Productions to hold a conference
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06:52 EDTCOVFormer official says Obama could limit inversion deals, NY Times reports
President Obama could limit tax inversion deals on his own authority, said Stephen Shay, former deputy assistant Treasury secretary for international tax affairs in the Obama administration, according to The New York Times. A 1969 law gives the president the ability to restrict inversion deals, said Shay, who also worked in the Reagan administration, the newspaper stated. Among the deals or possible transactions that involve inversion are Mylan's (MYL) acquisition of Abbott (ABT), Medtronic's (MDT) acquisition of Covidien (COV) and Valeant's (VRX) proposed takeover of Alletgan (AGN). Reference Link
July 25, 2014
06:30 EDTCOVObama calls on Congress to end inversion deals, NY Times reports
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06:05 EDTCOVCovidien reports Q3 Surgical Solutions sales up 8% to $1.31B
Reports Q3 Vascular Therapies sales flat to $417M; Reports Q3 Respiratory and Patient Care sales up 2% to $966M.
06:03 EDTCOVCovidien reports Q3 adjusted EPS $1.04, consensus $1.00
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July 24, 2014
15:29 EDTCOVNotable companies reporting before tomorrow's open
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14:35 EDTCOVObama to call for elimination of tax inversion deals, NY Times says
President Obama will call on Congress today to eliminate the tax inversion loophole, according to The New York Times. Among the deals or possible transactions that involve inversion are Mylan's (MYL) acquisition of Abbott’s (ABT), Medtronic's acquisition of Covidien (COV)and Valeant's (VRX) proposed takeover of Alletgan (AGN)Reference Link
July 23, 2014
06:45 EDTCOVLawmakers divided on inversion deals, NY Times says
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July 22, 2014
07:07 EDTCOVCovidien names Bryan Hanson as group president, effective October 1
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July 21, 2014
08:16 EDTCOVDeutsche Bank analysts hold an analyst/industry conference call
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