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Stock Market & Financial Investment News

News Breaks
April 20, 2012
11:08 EDTMJN, NSRGY, PFE, SYUT, DANOYDanone drops following report of raised bid for Pfizer unit
Groupe Danone (DANOY) is retreating after the French food maker increased its offer for Pfizer's (PFE) infant nutrition business to close to $11B, according to Reuters, which cited the French website WanSquare. Danone is trying to outbid Nestle (NSRGY), which was nearing a deal for the Pfizer unit last week, Reuters reported, citing unnamed sources. Pfizer's infant nutrition business is growing quickly and is strong in emerging markets, with a key position in China, Reuters added. In late morning trading, Danone dropped 27c, or 1.91%, to $13.89. Pfizer (PFE) is climbing, while Mead Johnson (MJN) and Synutra (SYUT), which also sell infant formula, advanced.
News For DANOY;PFE;MJN;SYUT;NSRGY From The Last 14 Days
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September 4, 2015
06:44 EDTPFEPfizer price target raised to $51 from $48 at Piper Jaffray
Piper Jaffray analyst Richard Purkiss raised his price target for Pfizer (PFE) to $51 following yesterday's closure of the company's Hospira (HSP) acquisition. Purkiss now sees Pfizer's 2015-2019 adjusted earnings annual growth rate at 13%, versus the consensus at 9%. He sees a "compelling entry point" following the recent pullback and calls Pfizer his top pick in the U.S. Pharma group.
September 3, 2015
09:01 EDTPFEPfizer completes acquisition of Hospira
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September 1, 2015
18:19 EDTPFEJudge says inclined to proceed with Pfizer lawsuit, WSJ reports
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August 31, 2015
09:11 EDTPFEEuropean Society of Cardiology
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August 30, 2015
18:54 EDTNSRGYNestle responds to 'slave labor' claims, AP says
In the wake of a U.S. class action lawsuit alleging that Nestle knowingly relied upon slave labor, the company commented that "forced labor has no place in our supply chain," reports the Associated Press, citing an emailed statement from Nestle. The Associated Press notes that Nestle's email didn't outright deny the claims. Reference Link
August 27, 2015
17:38 EDTPFES&P announces changes to S&P 500 index
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07:24 EDTPFEPfizer shares even more compelling after recent weakness, says Piper Jaffray
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06:55 EDTPFEHospira sees merger closing on or about September 3
Hospira (HSP) said in a regulatory filing that on August 21, Hospira and Pfizer (PFE) received clearance from the U.S. FTC, relating to the pending merger of Hospira with Perkins Holding Company, a wholly-owned subsidiary of Pfizer. All required regulatory approvals have now been secured, though the merger remains conditioned upon the expiration of a post-clearance waiting period in one foreign jurisdiction. Hospira expects the merger to close on or about September 3.
August 26, 2015
07:32 EDTPFEPfizer launches Phase 3 trial of targeted therapy for breast cancer patients
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06:16 EDTPFEAlvogen to acquire product portfolio from Pfizer for US market
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August 25, 2015
14:16 EDTPFEMylan launches generic version of Pfizer's Zosyn Injection
Mylan (MYL) announced the U.S. launch of Piperacillin and Tazobactam for Injection USP, 3.375g Single-dose Vials, which is the generic version of Pfizer's (PFE) Zosyn Injection. This product is a combination penicillin-class antibacterial and beta-lactamase inhibitor indicated for the treatment of patients with moderate to severe infections caused by susceptible isolates of certain bacteria. Piperacillin and Tazobactam for Injection USP, 3.375g Single-dose Vials had U.S. sales of approximately $72.1M for the 12 months ending June 30, 2015, according to IMS Health. Mylan's launch of this product adds to the company's growing portfolio of more than 145 injectable products available to patients in the U.S. across a broad array of therapeutic categories including oncology, anti-infectives, anesthesia/pain management and cardiovascular.
August 24, 2015
12:57 EDTPFEFTC requires Pfizer to sell rights to four products as condition of buying Hospira
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08:16 EDTPFEBristol-Myers, Pfizer to present new data on Eliquis at ESC Congress 2015
Bristol-Myers Squibb Company (BMY) and Pfizer Inc. (PFE) announced that 22 abstracts will be presented at the ESC Congress 2015, to be held August 29 to September 2 in London, United Kingdom. The new data reinforce the Alliance's commitment to the ongoing evaluation of Eliquis in both the nonvalvular atrial fibrillation and venous thromboembolism patient populations. In addition, data from the AEGEAN study evaluating adherence among NVAF patients further extends the Alliance's commitment to patient care.
08:01 EDTPFEPfizer receives clearance from FTC for Hospira acquisition
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August 23, 2015
12:35 EDTPFEBiotech firms could see 'billions' in sales from new cancer drugs, Barron's says
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August 21, 2015
08:01 EDTPFEPfizer says two Phase 3 Trumenba studies met primary endpoints
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