Valeant, meanwhile, announced a bid to buy Allergan Inc. (NYSE:AGN) for $45.7 billion, part of its announced strategy to join the ranks of the world’s five biggest drugmakers. Allergan, Inc. (NYSE:AGN) stock performance was 15.25% in last session and finished the day at $163.65. Traded volume was 32.43million shares in the last session and the average volume of the stock remained 3.08million shares. The beta of the stock remained 0.68. Allergan, Inc. (NYSE:AGN) insider ownership is 0.10%.
US stock markets closed higher Tuesday, 22 April 2014 with the S&P 500 extending its winning streak to six days, the longest streak of gains since September 2013. Investors welcomed better-than-expected results from Comcast Corporation (NASDAQ:CMCSA) and Harley-Davidson, Inc. while a flurry of deal news in the health-care sector added to positive sentiment. Comcast Corporation (NASDAQ:CMCSA) rose 190 percent to $50.83 Tuesday on volume of 36.57million shares. The intra-day range of the stock was $50.50 to $51.62. Comcast Corporation (NASDAQ:CMCSA) has a market capitalization of $132.49billion.
Swiss pharmaceutical firm Novartis AG (ADR) (NYSE:NVS) launched a major overhaul of its business Tuesday, unveiling a series of multibillion-dollar deals with Britain’s GlaxoSmithKline PLC and the U.S.’s Eli Lilly & Co. that heralds more restructuring in the fast-changing industry. Novartis AG (ADR) (NYSE:NVS)’s stock on Apr 23, 2014 reported a increase of 1.29% to the closing price of $86.56. Its fifty two weeks range is $67.67 -$86.78. The total market capitalization recorded $210.00billion. The overall volume in the last trading session was 2.16million shares. In its share capital, NVS has 2.71billion outstanding shares.
Dish is telling programmers, including Comcast Corp. (CMCSA:US)’s NBC Universal, that a late summer release date is possible, said the people, who asked not to be named because the negotiations are private. Dish, the second-largest U.S. satellite-TV operator, already signed up Walt Disney Company (NYSE:DIS) for the service last month. A&E Television Networks LLC, Time Warner Inc.’s Turner Broadcasting and CBS Corp. also have spoken with Dish about Internet-TV rights, several people said. On Tuesday, shares of The Walt Disney Company (NYSE:DIS) advanced 0.43% to close the day at $76.45. Company return on investment (ROI) is 9.90% and its monthly performance is recorded as -1.21%. The Walt Disney Company (NYSE:DIS) quarterly revenue growth is 7.08%.