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Stock Market & Financial Investment News

News Breaks
December 31, 2012
13:27 EDTSLXPFDA approves anti-diarrheal drug for HIV/AIDS patients distributed by Salix
The U.S. Food and Drug Administration approved Fulyzaq to relieve symptoms of diarrhea in HIV/AIDS patients taking antiretroviral therapy, a combination of medicines used to treat HIV infection. Before treating patients with Fulyzaq, health care professionals should conduct proper testing to confirm the diarrhea is not caused by an infection or a gastrointestinal disease. Common side effects reported in patients taking Fulyzaq in the clinical trial were upper respiratory tract infection, bronchitis, cough, flatulence, and increased levels of the liver enzyme bilirubin. Fulyzaq is distributed by Salix Pharmaceuticals under license from Napo Pharmaceuticals.
News For SLXP From The Last 14 Days
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March 16, 2015
12:18 EDTSLXPProgenics Relistor SI royalty loss transient, says Brean Capital
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10:58 EDTSLXPValeant price hike likely ends Salix saga, says UBS
UBS believes the race for Salix (SLXP) is likely over now that Valeant (VRX) has increased its offer price, as expected. The firm said it will still like both Valeant (VRX) and Endo (ENDP) if this is how things end, as it believes the deal is still a very good one for Valeant despite the higher price and it expects Endo to find another deal that should be accretive. UBS has Buy ratings on both Valeant and Endo Health.
10:18 EDTSLXPValeant should win Salix with increased offer, says Cantor
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10:07 EDTSLXPHigh option volume stocks
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09:24 EDTSLXPEndo withdraws proposal for Salix
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09:22 EDTSLXPOn The Fly: Pre-market Movers
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08:17 EDTSLXPValeant rises 1% after sweetening Salix takeover offer
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08:06 EDTSLXPValeant ses Salix deal closing on April 1
08:05 EDTSLXPValeant raises offer price for Salix to $173 per share from $158
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08:04 EDTSLXPValeant, Salix agree on amended terms to merger agreement
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07:50 EDTSLXPSalix trading halted, pending news
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07:50 EDTSLXPValeant to raise offer for Salix to $173 per share, DJ reports
Dow Jones cites sources.
March 13, 2015
15:50 EDTSLXPValeant announces HSR clearance for acquisition of Salix
Valeant Pharmaceuticals (VRX) announced that it has received early termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to its proposed acquisition of Salix Pharmaceuticals (SLXP). The expiration of the waiting period satisfies one of the conditions to consummate the tender offer and Valeant expects to be in the position to close the transaction on April 1.
13:46 EDTSLXPValeant to raise Salix bid above $160 per share after Endo entry, NYT says
In response to Endo (ENDP) making a rival bid for Salix (SLXP), Valeant Pharmaceuticals (VRX) now plans to team up with Bill Ackman's Pershing Square and other top shareholders to raises its bid for Salix to above $160 per share, all in cash, according to The New York Times, citing people briefed on the matter. The exact price of Valeantís raised offer was not yet known, the report stated. Salix shares are down about 1% to $168.88 in afternoon trading. Reference Link
13:43 EDTSLXPValeant seen hiking Salix bid above $160 per share cash, NYT says
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10:51 EDTSLXPOptions with increasing implied volatility
Options with increasing implied volatility: PVA BBEP SLXP ENDP MYL BBBY TEVA ZTS
08:14 EDTSLXPAckman says does not view Endo bid for Salix as credible
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08:13 EDTSLXPAckman says Endo would be very highly levered with Salix deal
Bill Ackman of Pershing Square is speaking on CNBC.
08:11 EDTSLXPAckman says Valeant CEO will not overpay for Salix
Bill Ackman of Pershing Square is speaking on CNBC.
05:47 EDTSLXPStocks with implied volatility movement; SLXP MNKD
Stocks with implied volatility movement; Salix (SLXP) 20, Teva (TEVA) 27 according to iVolatility.
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