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Stock Market & Financial Investment News

News Breaks
April 22, 2014
10:32 EDTMNK, SWK, TRGP, ELXHigh option volume stocks: MNK SWK TRGP ELX
News For MNK;SWK;TRGP;ELX From The Last 14 Days
Check below for free stories on MNK;SWK;TRGP;ELX the last two weeks.
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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 EDTMNKMallinckrodt price target raised to $95 from $85 at Jefferies
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July 17, 2014
10:00 EDTMNKOn The Fly: Analyst Initiation Summary
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July 16, 2014
16:13 EDTMNKMallinckrodt 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.
July 15, 2014
17:27 EDTTRGPTarga Resources Corp. increases quarterly dividend by 7% to 69c
Targa Resources Corp. announced that its board has declared a quarterly cash dividend of 69c per share, or $2.76 per common share on an annualized basis, for Q2. The approved dividend represents increases of approximately 7% over the previous quarter's dividend and 30% over the dividend for 2Q13. This cash dividend will be paid August 15 on all outstanding common shares to holders of record as of the close of business on July 28.
July 14, 2014
15:09 EDTMNKQuestcor rises after S-4 effective, interest from other suitors disclosed
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07:04 EDTMNKMallinckrodt 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.
July 11, 2014
06:39 EDTMNKQuestcor reports Acthar adverse effects data, NY Times says
The number of patients who reported an adverse effect last year while taking Questcor's (QCOR) Acthar drug amounted to almost 5% of prescriptions dispensed, the company stated in a regulatory filing released yesterday, according to The New York Times. The filing marked the first time that the company has disclosed any difficulties experienced by Acthar patients, the newspaper added. Questcor has agreed to be bought by Mallinckrodt (MNK). Reference Link

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