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Johnson Controls Jumps 3% Following Q2 Earnings Beat, Says Merger With Tyco Will Close In October
Thursday, April 21, 2016 - 10:45am | 252Read More...Shares of Johnson Controls Inc (NYSE: JCI) were trading higher by more than 3 percent Thursday morning after the company reported its second quarter results. Johnson Controls said it earned $0.86 per share in the second quarter on revenue of $9.0 billion. Wall Street analysts were expecting the...
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Pfizer Announces Merger Termination With Allergan; Will Pay $150 Million Breakup Fee
Wednesday, April 6, 2016 - 7:09am | 378Read More...Pfizer Inc. (NYSE: PFE) announced Wednesday morning it has terminated its merger agreement with Allergan plc (NYSE: AGN) following the U.S. Department of Treasury's tax inversion announcement on Monday. Pfizer noted the decision to terminate the merger agreement was mutual. As part of the...
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Shire Selling Off After Inversion Announcement
Tuesday, April 5, 2016 - 10:32am | 288Read More...Shares of Allergan plc (NYSE: AGN) tumbled to a new 52-week low on Tuesday on new fears that the U.S. Treasury Department and Internal Revenue Services made changes to limit U.S.-based companies acquiring international firms to benefit from a more favorable tax rate. "Today, we are...
