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Shares Of Mylan Slightly Higher Following Launch Of Generic Drug
Tuesday, December 29, 2015 - 9:56am | 130Shares of Mylan NV (NASDAQ: MYL) were trading higher by 0.85 percent early Tuesday morning after the company announced the launch of Linezolid Tablets, 600 mg. Linezolid is a generic version of Pfizer Inc. (NYSE: PFE)'s Zyvox Tablets and is intended for adults and children for the treatment...
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Teva Pharmaceutical: Joint Venture With Takeda Will Be 'Instantly Accretive' To 2016 EPS And Beyond
Monday, December 28, 2015 - 10:55am | 211Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) established a joint business venture with Japan-based Takeda Pharmaceutical Company at the end of November. The companies updated the investment community on Sunday and offered details of their strategic partnership. According to a joint...
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Calls Of Note: The Street's Research Moving Stocks This Monday
Monday, August 3, 2015 - 10:24am | 948The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." RBC: Slashing LinnCo Price Target Last week, John Ragozzino of RBC Capital Markets downgraded shares of LinnCo LLC (NASDAQ: LNCO) to Sector Perform...
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Teva Buys Allergan Unit: How Mylan, Other Biotech Stocks Are Reacting
Monday, July 27, 2015 - 12:08pm | 340Shares of Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) surged to new 52-week highs of $69.42 on Monday after the company announced its acquisition of Allergan PLC (NYSE: AGN)'s Generics segment for a total consideration of $40.5 billion. Shares of Allergan also spiked to new 52-...
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What's Gabelli Saying About Teva Now?
Wednesday, April 22, 2015 - 11:51am | 319In a report published Wednesday, Gabelli & Company analyst Kevin Kedra commented on Teva Pharmaceutical Industries Ltd (NYSE: TEVA)'s offer to acquire Mylan NV (NASDAQ: MYL) for $82 per share. Teva argued that the acquisition could realize $2 billion of synergies, resulting in $10 billion...
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JPMorgan Is Bullish On Rite Aid Before Earnings (Even After Disappointing March Sales)
Tuesday, April 7, 2015 - 1:12pm | 198In a report published Monday, JPMorgan analyst Lisa Gill upgraded shares of Rite Aid Corporation (NYSE: RAD) to Overweight from Not Rated with a $10 price target ahead of its fourth quarter results on Wednesday. Gill noted that Rite Aid's fourth quarter report will remain "somewhat...
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Barclays Raises Walgreen Price Target Following Q1 Print
Wednesday, December 24, 2014 - 12:06pm | 248Meredith Adler of Barclays maintained an Equal-Weight rating on Walgreen Company (NYSE: WAG) with a price target raised to $72 from a previous $68 following the company's first quarter results. According to Adler, Walgreen's results were “ahead of expectations” and during the earnings call, the...
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Goldman Sachs: Rite Aid Shares Poised For Further Upside
Wednesday, March 12, 2014 - 4:53pm | 547Robert Jones, analyst at Goldman Sachs believes that the Drug Chain stores remain an attractive investment, but Rite-Aid (NYSE: RAD) is uniquely positioned to experience greater relative growth compared to the industry as a whole. Following Rite-Aid's announcement in February that it would be...
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Market Wrap For January 14: Markets Rebound On Earnings Season Kickoff
Tuesday, January 14, 2014 - 6:19pm | 2515Major indices reversed Monday's losses and posted strong gains following a better than expected retail sales report and a luke-warm start to earnings season. Related: Stocks Higher, But Dollar Indecisive After Retail Sales Release Philidalphia's Fed chief Charles Plosser said that he wants QE...
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Market Wrap For November 22: Markets Finish The Week On a Positive Note
Friday, November 22, 2013 - 5:57pm | 1641While not offering any specifics, investors seemed comfortable enough with Dennis Lockhart's comments to end the week on a positive note. While speaking to CNBC the Atlanta Fed chief commented that tapering will begin “when the economy is ready and when the market is ready.” Lockhart also noted...