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Stock Market & Financial Investment News

News Breaks
November 21, 2012
09:43 EDTVVUSVIVUS strength attributed to insurance coverage speculation
The move higher in shares of VIVUS (VVUS) is being attributed to speculation of expanded insurance coverage for the company’s obesity drug. It is not clear if anything has changed with the insurers, but the speculation is said to stem from this Aetna link. Reference Link
News For VVUS From The Last 14 Days
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August 3, 2015
06:30 EDTVVUSVIVUS price target lowered to $2.30 from $3 at WallachBeth
WallachBeth analyst Bob Ai lowered his price target for VIVUS for $2.30 after the company announced plans to cut its sales force by one-half, to 50, in order to achieve its new corporate goal of operating cash flow being neutral or positive by the end of 2016. This is not the best move for long-term shareholders, Ai tells investors in a research note. The sales force reduction may result in a significant sales decline, the analyst believes. He keeps a Hold rating on VIVUS.
July 30, 2015
19:08 EDTVVUSVIVUS announces restructuring plan, will reduce headcount
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16:02 EDTVVUSVIVUS reports Q2 EPS (19c), consensus (24c)
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