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Valeant Pharma Acquires Salix
Valeant Pharmaceuticals beat out Endo International in a battle to take over Salix Pharmaceuticals in a deal valued at $11.1 billion. Valeant had originally agreed to pay $158 per share of Salix but increased the offer to $178 per share.
Looking Ahead Of Wall Street: Oracle, Adobe, Nike
Three big companies are set to announce their financial earnings this coming week. What should investors watch for?
Can Lumber Liquidators Recover From Its 60 Minutes Scandal?
In a 60 Minutes report aired on March 1, an investigative segment alleged that Lumber Liquidators Holdings (NYSE: LL) has been installing floorboards produced in China that contain high levels of formaldehyde, violating California regulations.
What Does FXCM Management Know That Investors Don’t?
Shares of FXCM shot up 6.5% in after-hours trading on Thursday, March 12th after the company announced its fourth quarter earnings and updated investors on efforts to repay Leucadia National Corporation (NYSE: LUK).
Intel Receives Mixed Ratings After Decrease In Revenue Outlook
On March 12, Intel (INTC) lowered first quarter revenue outlook from $13.7 billion to $12.8 billion. Intel has felt the heat as consumers have shifted from PCs to smartphones.
Analysts Weigh In On Zogenix In Light Of Selling Zohydro
Bio-pharmaceutical company Zogenix announced on Tuesday that it will be selling its painkiller drug, Zohydro, to Pernix Therapeutics Holdings Inc for about $400 million.
Credit Suisse Reviews 4 Restaurant Stocks
Fundamentals are turning more positive and multiple tailwinds should support future earnings for listed restaurant chains.
Brean Capital’s 5 Tech Stocks To Watch
After attending the Mobile World Conference last week, analyst Mike Burton of Brean Capital saw nearly 20 companies at the conference and released bullish ratings on 5 of them.
Urban Outfitters Impresses With Fourth Quarter Earnings, But Is Now The Time To Buy?
Shares of retailer Urban Outfitters (NASDAQ: URBN) shot up roughly 11% in trading on the morning of Tuesday, March 10th after the company posted better than expected earnings for the fourth quarter the prior evening.
Qualcomm Increases Capital Return Program
The semiconductor company announced a stock repurchase authorization up to $15 billion, replacing the previous program which has $2.1 billion authorization remaining.
Looking Ahead Of Wall Street: Shake Shack, El Pollo Loco
Wall Street has an exciting week ahead as three big companies are set to announce financial earnings. What should investors watch for?
Analysts Weigh In On Twitter As It Unrolls New Features
Twitter is rolling out new features, some more quietly than others. The real-time social media platform has been trying to accelerate user growth for the past several quarters.
Analysts Provide Insight On Apple After New Details Emerge About The Apple Watch
At a press briefing in San Francisco on March 9th, Apple gave details on its new Apple Watch including information on its exclusive app store, battery life, and different versions of the product.
Analysts Remain Bullish On Alibaba As Lock-Up Is Set To Expire
Alibaba (NYSE: BABA) faced scrutiny last year for selling counterfeit goods but the e-commerce company has been diligently working to rebuild its reputation and restore credibility. The site poured over $160 million into consumer protection and increased efforts to remove phony listings.
Analysts Remain Bullish On Tesla Despite Layoffs In China
Tesla has already had a fair share of media coverage in 2015, from reports about trimming its workforce in China to rumors about construction delays for the gigafactory.
Goldman Sachs Downgrades Blackberry To Sell Amidst Speculation Of Turnaround Challenges
Shares of Blackberry fell slightly on the morning of March 9th after Goldman Sachs analyst Simona Jankowski downgraded her rating on the stock from Neutral to Sell and cut her price target from $10 to $9.
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