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Stock Market & Financial Investment News

News Breaks
June 12, 2014
17:55 EDTMNK, QCORQuestcor's Acthar risks not included in Mallinckrodt's merger proxy, NYT says
Risks regarding the increase of adverse events related to Questcor's (QCOR) drug Acthar need to be considered by Mallinckrodt's (MNK) shareholders. Those risks were not included in last month's merger proxy, reports the New York Times. Reference Link
News For MNK;QCOR From The Last 14 Days
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July 25, 2014
13:13 EDTQCOR, MNKEinhorn bought Lam Research shares, sold Rite Aid last quarter
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12:18 EDTQCOR, MNKGreenlight discloses short positions in Safeway, Questcor, Bloomberg says
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10:02 EDTQCOROn The Fly: Analyst Downgrade Summary
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06:22 EDTQCORQuestcor downgraded to Perform from Outperform at Oppenheimer
July 24, 2014
09:10 EDTQCORQuestcor expects insurance coverage for Acthar to remain favorable, consistent
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09:10 EDTQCORQuestcor reports Q2 H.P. Acthar gel sales up 39% to $188.5M
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09:10 EDTQCORQuestcor reports Q2 adjusted EPS $1.85, consensus $1.74
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July 23, 2014
10:02 EDTMNKOn The Fly: Analyst Initiation Summary
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08:10 EDTMNKDeutsche Bank hosts an analyst Specialty Pharma/Industry conference call
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July 22, 2014
16:09 EDTMNKMallinckrodt initiated with a Buy at Deutsche Bank
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July 21, 2014
07:36 EDTMNK, QCORMallinckrodt price target raised to $95 from $85 at Jefferies
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July 17, 2014
11:12 EDTQCOROptions with decreasing implied volatility
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10:00 EDTMNKOn The Fly: Analyst Initiation Summary
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July 16, 2014
16:13 EDTQCOR, MNKMallinckrodt initiated with an Outperform, $100 target at Oppenheimer
Oppenheimer believes Mallinckrodt's (MNK) acquisition of Questcor (QCOR) provides sustainable high-growth revenue potential. It believes the company bought Acthar at an attractive valuation. Opco started shares of Mallinckrodt with an Outperform rating and $100 price target.
16:09 EDTMNKMallinckrodt initiated with an Outperform at Oppenheimer
Target $100.
10:35 EDTQCOROptions with decreasing implied volatility
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July 14, 2014
15:09 EDTQCOR, MNKQuestcor rises after S-4 effective, interest from other suitors disclosed
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07:04 EDTQCOR, MNKMallinckrodt and Questcor update transaction
Mallinckrodt (MNK) and Questcor (QCOR) announced that the registration statement on Form S-4 filed with the SEC by Mallinckrodt on May 16 and amended on July 11 which includes a joint proxy statement of Mallinckrodt and Questcor that also constitutes a prospectus of Mallinckrodt, was declared effective on July 11. The companies have also each scheduled shareholder meetings on August 14 for shareholders of record on July 9 to consider (i) in the case of Mallinckrodt, its proposal to issue its ordinary shares in connection with its proposed acquisition of Questcor and (ii) in the case of Questcor, approval of the merger agreement with Mallinckrodt and related matters. The transaction is currently expected to be completed in August.

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