New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 11, 2013
06:11 EDTPRGOPerrigo downgraded to Sell from Neutral at Goldman
Goldman downgraded Perrigoo due to valuation and expectations for slowing growth given the delayed Mucinex launch and new baby store brand formula packaging. Price target is $110.
News For PRGO From The Last 14 Days
Check below for free stories on PRGO the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 18, 2014
09:35 EDTPRGOPerrigo would rather make acquisitions than be sold, dealReporter says
Subscribe for More Information
July 16, 2014
11:34 EDTPRGOPerrigo management to meet with Needham
Subscribe for More Information
07:59 EDTPRGOTreasury Secretary urges Congress to take action on tax inversions
Subscribe for More Information
July 15, 2014
11:13 EDTPRGOPerrigo retreats after analyst sees limited potential buyers
Subscribe for More Information
07:48 EDTPRGOPerrigo could be acquired, says RBC Capital
After Globes suggested that Perrigo has hired an investment bank to sell the company. RBC Capital thinks the company has several attributes that could appeal to potential acquirers, including its ability to serve as an inversion vehicle. However, the firm believes that Perrigo could also acquire another company instead. RBC Capital keeps a $160 price target and Outperform rating on the shares.
07:35 EDTPRGOPerrigo potential buyers list could be limited, says Jefferies
After Globes reported that Perrigo retained an investment bank to assist with a potential merger, Jefferies says the list of potential buyers could be limited since the store brand business is fundamentally a high volume, lower margin model. The firm notes U.S. companies that currently do not have large over-the-counter divisions include Bristol-Myers (BMY), Eli Lilly (LLY) and Merck (MRK). Jefferies views the merger speculation surrounding Perrigo as not surprising given the company's strong long-term fundamentals and attractive Irish domicile. It has a Buy rating on the stock with a $160 price target.
July 14, 2014
16:30 EDTPRGOOn The Fly: Closing Wrap
Subscribe for More Information
10:49 EDTPRGOPerrigo hires bank, seeks merger with large peer, Globes says
Subscribe for More Information
10:48 EDTPRGOPerrigo calls active on circulation of Globes report
Perrigo July 145, 150 and 155 calls are active on total call volume of 1500 contracts (300 puts) following the circulation of Globes report. July call option implied volatility 50, August is at 40, November is at 31; compared to its 26-week average of 29 according to Track Data. Active call volume suggests traders taking positions for large near term price movement.
10:38 EDTPRGOPerrigo move higher attributed to circulation of Globes report
Subscribe for More Information
July 11, 2014
10:00 EDTPRGOOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:15 EDTPRGOPerrigo downgraded to Equal Weight from Overweight at Morgan Stanley
Subscribe for More Information
July 10, 2014
10:46 EDTPRGOPerrigo management to meet with Guggenheim
Meeting to be held in New York on July 16 hosted by Guggenheim.
July 8, 2014
08:49 EDTPRGOPerrigo receives final approval for ibuprofen and phenylephrine tablets from FDA
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use