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Stock Market & Financial Investment News

News Breaks
June 6, 2014
06:46 EDTCI, QCOR, MNKPiper does not see heightened risk around Questcor buyout
Piper Jaffray believes Cigna's (CI) coverage policy update regarding Questcor's (QCOR) Acthar Gel is unlikely to have meaningful impact. Piper does not see heightened risk around the closing of Mallinckrodt's (MNK) acquisition of Questcor. Piper says that while Cigna's new language is suggestive of tighter restriction on patient access, there is no "blanket statement that denies coverage beyond the infantile spasms setting." Piper reiterates an Overweight rating on Mallinckrodt with a $90 price target.
News For MNK;QCOR;CI From The Last 14 Days
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January 26, 2015
12:39 EDTCIHHS Secretary orders Medicare to change payment method, WSJ says
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09:16 EDTCICigna to acquire QualAlliance Networks, terms not disclosed
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January 23, 2015
07:04 EDTMNKMallinckrodt board approves share repurchase program
Mallinckrodt announced that its board has approved a share repurchase program. The open-ended authorization permits the company to repurchase up to $300 million of Mallinckrodt ordinary shares.
January 20, 2015
14:06 EDTCICitizens, Keysight identified as long positions by Einhorn
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13:24 EDTCIGreenlight has new long positions in Citizens, Time Warner, Bloomberg says
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