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Stock Market & Financial Investment News

News Breaks
June 18, 2014
11:56 EDTAGN, SHPGShire volatility up as shares at record after analyst predicts Allergan takeover
Shire (SHPG) June call option implied volatility is at 56, July is at 42, October is at 37, January is at 31; compared to its 26-week average of 33 according to Track Data, suggesting large near term price movement on SunTrust believes that Allergan (AGN) will soon bid for Shire.
News For SHPG;AGN From The Last 14 Days
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June 29, 2015
17:22 EDTAGNAllergan reports 6.7% stake in KYTHERA
June 25, 2015
13:58 EDTSHPGShire initiated with a Reduce at HSBC
Price target GBP 47.34.
08:13 EDTAGNAllergan CEO: Irvine campus ‘crucial’ to company, L.A. Times reports
New Allergan CEO Brent Saunders said that the company’s Irvine, California campus is “crucial” to the recently purchased organization, the L.A. Times reports, citing comments from Saunders in an interview. Allergan was purchased in March by Actavis, a move which led to the layoff of roughly 600 employees from the Irvine offices, the report says. Saunders said that the “bleeding has stopped” after a round of layoffs, the L.A. Times says. Reference Link

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