Regeneron sees favorable tax impact from move into Ireland Regeneron said during its Q4 earnings call earlier that the company is in the process of expanding its manufacturing capabilities into Ireland. "Over the long term with expansion of our international operations, we expect to achieve a tax efficient operating model," the company said, noting the establishment of the new manufacturing facility in Ireland as one step, along with the migration of certain intellectual property in its late stage antibody pipeline to Ireland. The company sees the steps allowing it to get "favorable" tax rates beginning in the 2017 year, it added.
News For REGN From The Last 14 Days
Check below for free stories on REGN the last two weeks.
On The Fly: Analyst Initiation Summary Today's noteworthy initiations include: Adeptus Health (ADPT) initiated with a Buy at Dougherty... Amphastar (AMPH) initiated with a Buy at Jefferies... Eclipse Resources (ECR) initiated with a Neutral at SunTrust... Fidelity National (FNF) initiated with a Buy at SunTrust... First American (FAF) initiated with a Buy at SunTrust... GoPro (GPRO) initiated with a Hold at Stifel... Imprivata (IMPR) initiated with an Outperform at Wells Fargo... Lifetime Brands (LCUT) initiated with a Buy at Sidoti... Materialise (MTLS) initiated with a Buy at BB&T... Regeneron (REGN) initiated with a Buy at Argus... STAG Industrial (STAG) initiated with a Buy at Sandler O'Neill... Signature Group (SGGH) initiated with a Buy at B. Riley... TCP International (TCPI) initiated with a Buy at Canaccord... Tessera (TSRA) initiated with a Buy at Craig-Hallum... Xunlei (XNET) initiated with a Perform at Oppenheimer.