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Stock Market & Financial Investment News

News Breaks
December 12, 2012
19:15 EDTSAM, TELK, RRD, ENDP, HRGOn The Fly: After Hours Movers
UP AFTER GUIDANCE: Boston Beer (SAM), up 12% after raising FY12 EPS view... ALSO HIGHER: Telik (TELK), up 28% after reporting preliminary clinical trial abstract for neutrophina treatment... R.R. Donnelley (RRD), up 3% after first day of trading on the S&P MidCap 400... DOWN AFTER GUIDANCE: Endo Health (ENDP), down 6% after cutting FY12, FY13 EPS views, announcing CEO to retire... ALSO LOWER: Harbiner Group (HRG), down 12% after filing to sell unknown amount of common stock.
News For SAM;TELK;RRD;ENDP;HRG From The Last 14 Days
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October 23, 2014
10:01 EDTENDPOn The Fly: Analyst Initiation Summary
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06:55 EDTENDPEndo initiated with a Buy at Guggenheim
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October 21, 2014
06:37 EDTENDPEndo pullback brings buying opportunity, says Piper Jaffray
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October 20, 2014
07:33 EDTHRGHarbinger expresses disappointment in Central Garden & Pet's proposal rejection
Harbinger Group (HRG) released a letter to the board of Central Garden & Pet (CENT) expressing disappointment with the CENT board announcement rejecting HRG's proposal to acquire all of CENT for $10.00 in cash per share or alternatively to acquire CENT's Pet Segment for $750M in cash. HRG said it remains committed to pursuing a transaction with CENT and has called upon the members of the CENT Board to fulfill their responsibilities as fiduciaries to all shareholders of CENT by engaging in a constructive dialogue with HRG regarding its proposals, or otherwise to resign from the CENT Board. HRG is also encouraging CENT shareholders to communicate their opinion of these proposals, as well as the way in which these proposals were reviewed and dismissed, to the CENT Board. In the board, Harbinger Group said, "We believe that the Board's process in evaluating and responding to our proposals was deeply flawed and this Board continues to shirk its duty to act as an unbiased steward and fiduciary to all of the Company's shareholders... HRG remains committed to acquiring all of CENT for $10.00 in cash per share or alternatively acquiring CENT's Pet Segment for $750 million in cash. HRG's $10.00 per share offer represented a premium of 27.5% to the trading value of CENT common shares immediately before the offer. As a result of the announcement of HRG's offer, the CENT commons shares traded up to as high as $10.01 per share. However, the lack of action by CENT and its Board has allowed the CENT common shares to decline below the level of its share price before HRG made its offer public. Today, our $10.00 per share offer now represents a premium of 44.5% to the current trading value of CENT common shares."
October 14, 2014
11:23 EDTENDPBIND Therapeutics and The Conference Forum hold a conference
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October 13, 2014
10:08 EDTENDPOn The Fly: Analyst Upgrade Summary
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06:41 EDTENDPEndo upgraded to Hold from Sell at Cantor
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