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Stock Market & Financial Investment News

News Breaks
July 28, 2014
08:12 EDTDANOY, HSPHospira to obtain financial benefits from possible Danone deal, says Wells Fargo
After multiple media sources reported that Hospira (HSP) is in talks to buy Danone's (DANOY) medical nutrition business in a potential tax inversion deal, Wells Fargo estimates that the deal could be 9%-12% accretive to Hospira's EPS in 2015-2017 if it's an all-stock deal and 20%-22% accretive if it's a 50%/50% cash and stock deal. The firm The firm estimates that Hospira's tax bill would be cut to 21% in 2015 and 19% afterwards, from its current forecast of 24%-26% during those years. The firm thinks the strategic rationale for the deal from Hospira's perspective, however, is less clear. It keeps a Market Perform rating on the stock.
News For HSP;DANOY From The Last 14 Days
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July 31, 2015
15:03 EDTHSPFDA warns of cybersecurity vulnerabilities in Hospira Symbiq Infusion System
In a safety communication circulated on its website, the FDA alerts users of the Hospira Symbiq Infusion System to cybersecurity vulnerabilities with this infusion pump. "We strongly encourage that health care facilities transition to alternative infusion systems, and discontinue use of these pumps," the FDA stated. Reference Link
July 29, 2015
07:39 EDTHSPHospira continues to see 'good momentum' across product lines
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07:31 EDTHSPHospira reports Q2 adjusted EPS 85c, consensus 80c
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July 26, 2015
20:33 EDTDANOYDanone CEO 'won't revisit' potential sale of medical nutrition unit, WSJ says
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July 24, 2015
05:38 EDTDANOYDanone confirms FY15 organic revenue guidance of up 4%-5%
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05:36 EDTDANOYDanone reports 1H15 EPS EUR 1.37 vs. EUR 1.16 last year
Reports 1H15 revenue EUR 11.39B vs. EUR 10.47B last year.

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