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Stock Market & Financial Investment News

News Breaks
June 20, 2014
09:24 EDTPRGO, TEVAPerrigo announces settlement in Proair HFA patent case
Perrigo (PRGO) and its partner, Catalent, announced that they have settled their first to file Hatch Waxman litigation with Teva (TEVA) with respect to a generic version of Proair HFA. Pursuant to the settlement, Perrigo has a limited quantity license to launch a generic version of Proair HFA starting on December 19, 2016 and an unlimited quantity license beginning after June 30, 2018. Proair® HFA indicated in patients 4 years of age and older for the treatment or prevention of bronchospasm with reversible obstructive airway disease and for the prevention of exercise-induced bronchospasm. Brand sales were approximately $1.4B over the last 52-weeks according to Symphony Health Solutions.
News For PRGO;TEVA From The Last 14 Days
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October 30, 2014
09:39 EDTPRGOPerrigo in exclusive talks to buy Omega Pharma, Bloomberg says
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09:18 EDTPRGOPerrigo in exclusive talks to buy Omega Pharma, Bloomberg says
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09:11 EDTTEVATeva reported great Q3 results, says BMO Capital
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09:06 EDTTEVATeva says assessing M&A opportunities of all sizes
08:49 EDTTEVATeva says may pursue generic businesses in emerging markets
Says not ruling out "transformational" transactions. Says open to specialty assets in U.S., Europe.
08:40 EDTTEVATeva says $5.00-$5.10 FY14 EPS guidance is for exclusive Copaxone scenario
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07:06 EDTTEVATeva board authorizes increase in share repurchase program to $3B
The Company announced today that, as authorized by the Board of Directors, it will increase its share repurchase program by $1.7 billion to $3 billion. The program has no time limitations. The Company intends to begin purchasing shares promptly.
07:05 EDTTEVATeva raises FY14 EPS view to $5.00-$5.10 from $4.90-$5.10
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07:05 EDTTEVATeva reports Q3 EPS $1.32, consensus $1.23
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October 27, 2014
07:22 EDTTEVAAmerican College of Chest Physicians to hold a conference
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October 21, 2014
06:44 EDTPRGOActavis among bidders for Omega Pharma, Bloomberg reports
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October 20, 2014
06:28 EDTTEVAAllergan price target raised to $210 from $190 at Citigroup
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