News Breaks |
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| February 25, 2013 |
| 09:29 EDT |  | ENDP | Endo Health new CEO suggests near-term sale unlikely, says Wells Fargo
Wells Fargo believes the appointment of new CEO Rajiv De Silva suggests Endo Health does not intend to sell itself in the near-term, contrary to a Reuters report in January. Wells has a Market Perform rating on Endo shares. |
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News For ENDP From The Last 14 Days Check below for free stories on ENDP the last two weeks. |
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| June 13, 2013 |
| 10:28 EDT |  | ENDP | Brahman Capital reports 5.65% passive stake in Endo Health
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| June 6, 2013 |
| 10:01 EDT |  | ENDP | On The Fly: Analyst Downgrade Summary
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| 10:01 EDT |  | ENDP | On The Fly: Analyst Upgrade Summary
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| 07:53 EDT | | ENDP | Endo Health upgraded to Outperform from Market Perform at Leerink
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| 07:22 EDT | | ENDP | Endo Health restructuring slightly ahead of schedule, says Jefferies
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| 06:34 EDT | | ENDP | Endo Health downgraded to Sell from Hold at Cantor
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| June 5, 2013 |
| 17:45 EDT | | ENDP | Endo terminates sales and promotional pact with Ventiv
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| 16:30 EDT |  | ENDP | Endo Health revises FY13 adjusted EPS view to $4.10-$4.40, consensus $4.27
Revises FY13 revenue guidance to $2.65B-$2.8B, consensus $2.8B. The company's 2013 guidance is based on certain assumptions including adjusted gross margin of between 64%-66%; adjusted effective tax rate of between 27.5%-28.5%; adjusted operating expenses to be reduced by approximately $150M when compared with FY12; the company continues to expect a single generic competitor for Lidoderm in September. |
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| 16:23 EDT | | ENDP | Endo Health to explore strategic alternatives for HealthTronics business
In keeping with its more disciplined capital allocation framework, the company is evaluating strategic alternatives for its HealthTronics business, which provides urological services, products and support systems to various healthcare providers in the U.S. Endo also announced plans to explore alternatives for its branded pharmaceutical early stage discovery platform, which is made up of several drug discovery candidates in multiple therapeutic areas. The company will continue to evaluate the performance of its remaining businesses so that their respective cash flows and returns are consistent with Endo's investment criteria. |
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| 16:23 EDT | | ENDP | Endo Health, announces strategic alternatives, to reduce workforce by 15%
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