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Amid Exec Departure, Teva's 2017 Outlook Now More Important Than Ever
Tuesday, December 6, 2016 - 12:34pm | 316Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) announced that Dipankar Bhattacharjee, the CEO of Teva generics Europe, has been appointed as the new head of global generics. Deutsche Bank’s Gregg Gilbert maintains a Buy rating on the company, with a price target of $54. Executive...
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Teva Investors May Question If Exec Departure Reflects Deeper Malaise
Tuesday, December 6, 2016 - 10:22am | 344Bernstein said the departure of Siggi Olafsson is negative for Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA), as investors may fear the move is reflective of deeper malaise. ADRs of Teva were down 3.89 percent in Tuesday’s pre-market hours. Olafsson's Departure Teva announced that...
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Key Exec Announcing His Retirement From Teva 'Creates More Uncertainties'
Tuesday, December 6, 2016 - 9:45am | 304After Monday's close, Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) announced Siggi Olafsson, head of global generics at the company, would be retiring at the end of Q1:17. BTIG’s Timothy Chiang maintains a Neutral rating on the company, while expressing surprise regarding the...