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Stock Market & Financial Investment News

News For SHS;THRX;BPI;TLM From The Last 14 Days
Check below for free stories on SHS;THRX;BPI;TLM the last two weeks.
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June 18, 2013
07:13 EDTTLMTalisman Energy explores sale of Eagle Ford assets, Reuters reports
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06:01 EDTTLMOn the Fly: Periodicals Wrap-Up
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June 17, 2013
08:23 EDTTHRXElan holders do not approve Theravance/Elan royalty participation transaction
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June 14, 2013
05:35 EDTTHRXElan holders vote against Theravance, AOP transactions
Royalty Pharma announces that holders of approximately 311M Elan (ELN) ADSs, representing more than 81% of the Elan ADSs held in street name, had voted on the Elan proposals through Broadridge. Based on a review of those votes, a sufficient number of these ADSs have been voted AGAINST both the Theravance (THRX) Transaction and the AOP Transaction such that Royalty Pharma is confident that those proposals will not pass at Elan's June 17 EGM. A narrow majority of these ADSs have been voted AGAINST the ELND005 Transaction. A narrow majority of these ADSs have been voted FOR the Share Repurchase Program but this majority can be overturned by a sufficient vote by ordinary shareholders. There can be no assurance that Elan will conduct a sale process, that any sale process that is conducted will be conducted fairly, or that any proposal to acquire Elan will be presented to Elan Shareholders. Even if Elan does conduct a sale process, given that Royalty Pharma's offer of $13 plus an up to $2.50 CVR has been deemed "grossly inadequate" by Elan, there can be no assurance that Elan will not conclude that all other offers they receive are "grossly inadequate".
June 13, 2013
07:03 EDTBPISources differ on progress towards student loan deal, Politico says
Congressional leaders are making progress towards a deal that would prevent interest rates on college loans from automatically doubling on July 1, Education Secretary Arne Duncan stated yesterday, according to Politico. However, Capitol Hill sources indicated that the parties are still far from reaching a deal, the website reported. Reference Link
June 11, 2013
14:02 EDTBPIDepartment of Education outlines gainful employment committee parameters
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13:32 EDTBPIDepartment of Education delays Gainful Employment negotiations, says BMO Capital
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11:17 EDTBPIFor-profit education stocks slide after Corinthian gets SEC probe
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10:03 EDTTLMOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AmerisourceBergen (ABC) upgraded to Outperform from Market Perform at Leerink... Arthur J. Gallagher (AJG) upgraded to Buy from Neutral at Goldman... Catamaran (CTRX) upgraded to Buy from Neutral at UBS... Disney (DIS) upgraded to Outperform from Neutral at Macquarie... Fly Leasing (FLY) upgraded to Buy from Neutral at Citigroup... Navistar (NAV) upgraded to Market Perform from Underperform... Questcor (QCOR) upgraded to Buy from Fair Value at CRT Capital... Talisman Energy (TLM) upgraded to Buy from Hold at Tudor Pickering... Synergetics (SURG) upgraded to Buy from Hold at Craig-Hallum... RBC Bearings (ROLL) upgraded to Outperform from Market Perform at Barrington.
08:12 EDTTLMTalisman Energy upgraded to Buy from Hold at Tudor Pickering
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June 10, 2013
05:35 EDTTHRXElan tells advisors to assess all strategic interests
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June 7, 2013
06:41 EDTTHRXRoyalty Pharma raises offer for Elan to $13 per share plus CVR
Royalty Pharma announced that it increased its offer for Elan to $13.00 in cash per share plus a contingent value right worth up to $2.50 per share. The consideration is not conditional on due diligence, Royalty added. Royalty Pharma said it will waive down the acceptance yhreshold to 50% plus one share if all other conditions to its increased offer are satisfied, fulfilled or, to the extent permitted, waived. Royalty Pharma noted that its offer will lapse if the Theravance (THRX) resolution or any of the other resolutions are approved by Elan stockholders.
June 6, 2013
06:58 EDTBPISenate to consider two student loan bills, Politico says
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June 5, 2013
15:02 EDTTLMOptions with increasing implied volatility: TLM IRM RHT S LINE
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