Teva Pharmaceutical Industries Ltd. (ADR) (NYSE:TEVA) announced that the U.S. Court of Appeals for the Federal Circuit today upheld a ruling by the U.S. District Court for the District of Delaware finding Bristol-Myers Squibb’s entecavir compound claim of U.S. Patent No. 5,206,244 invalid. Teva’s ANDA for entecavir has received tentative approval from the U.S. Food and Drug Administration (FDA). Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) stock performance was 0.31% in last session and finished the day at $51.98. Traded volume was 2.51million shares in the last session and the average volume of the stock remained 5.67million shares. The beta of the stock remained 0.66.
Vodafone Group Plc (ADR) (NASDAQ:VOD) today announces its intentions to acquire Cobra Automotive Technologies S.p.A (“Cobra” or the “Company”) through a voluntary tender offer (the “Offer”) at ?1.49 per share in cash, valuing the entire fully diluted ordinary share capital of Cobra at ?145 million (£115 million)1. Cobra had a reported net debt of ?48 million as at 31 March 2014. Vodafone Group Plc (ADR) (NASDAQ:VOD) dropped -0.12 percent to $32.88 Friday on volume of 4.56million shares. The intra-day range of the stock was $32.77 to $33.09. Vodafone Group Plc (ADR) (NASDAQ:VOD) has a market capitalization of $86.93billion.
Drugmaker Vivus Inc. (NASDAQ:VVUS) said Thursday it has filed a lawsuit against Actavis PLC and its affiliates in a New Jersey federal court over its bid with the U.S. Food and Drug Administration to sell a generic version of Vivus Inc (NASDAQ:VVUS)’ prescription weight-loss drug Qsymia. VIVUS, Inc. (NASDAQ:VVUS)’s stock on June 13, 2014 reported a increase of 0.76% to the closing price of $5.28. Its fifty two weeks range is $4.56 -$15.40. The total market capitalization recorded $545.50million. The overall volume in the last trading session was 1.71million shares. In its share capital, VVUS has 103.31million outstanding shares.
Ryan Lance, the chief executive of ConocoPhillips (NYSE:COP), said Australian resources were “important to the future of the world”. “Your energy resources will power the region,” he said. ConocoPhillips and Bechtel are building four of Australia’s seven new LNG projects. On Friday, shares of ConocoPhillips (NYSE:COP) advanced 0.27% to close the day at $83.08. Company return on investment (ROI) is 8.70% and its monthly performance is recorded as 6.73%. ConocoPhillips (NYSE:COP) quarterly revenue growth is 25.86%.
BP PLC (ADR) (NYSE:BP) will begin using the Puma made by AeroVironment to monitor operations at Prudhoe Bay on Alaska’sNorth Slope, the largest oil field facility in North America. BP plc (ADR) (NYSE:BP) stock performance was 0.66% in last session and finished the day at $51.68. Traded volume was 5.41million shares in the last session and the average volume of the stock remained 4.56million shares. The beta of the stock remained 1.81. BP plc (ADR) (NYSE:BP) insider ownership is 12.40%.