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Pfizer Jilted By AstraZeneca; Analyst Sees Break-Up
Tuesday, May 27, 2014 - 2:41pm | 431The six-month saga of Pfizer's (NYSE: PFE) negotiations with AstraZeneca (NYSE: AZN) came to a crashing halt Monday with the rejection of Pfizer's $117 billion offer. Some analysts are now suggesting a break-up could be in the cards for the U.S. pharmaceuticals giant. Pfizer's "size is its...
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Market Wrap For April 28: Apple Hits New 52-Week Highs In a Volatile Start To the Trading Week
Monday, April 28, 2014 - 4:34pm | 2080U.S. stocks ended the day mostly positive in a volatile trading session as the Nasdaq rebounded from a one percent decline, finishing the day almost flat. The Dow traded higher by as much as 138 points but still ended the day modestly higher as Pfizer's massive $100 billion takeover plans gave...