A source familiar with the matter said on Saturday, Medical-device maker Medtronic Inc and rival Covidien, are in advanced talks to combine in a deal valued at $45 billion to $50 billion. The person said, asking not to be named because the matter is not public, the deal, which would allow Medtronic to be domiciled…
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…
Teva Pharmaceutical Industries Ltd. (ADR) (NYSE:TEVA) announces the launch of the generic equivalent to Lunesta(R) (Eszopiclone Tablets, CIV), 1, 2 and 3 mg, in the United States. Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) stock performance was -0.68% in last session and finished the day at $49.61. Traded volume was 2,806.00million shares in the last session…
Edwards Lifesciences Corp (NYSE:EW) climbed 11 percent after the company won a court ruling that limited the sale of Medtronic’s (MDT) CoreValve system in the US. Edwards Lifesciences Corp (NYSE:EW) stock performance was 11.00% in last session and finished the day at $81.00. Traded volume was 7.23million shares in the last session and the average…
Halliburton Company (NYSE:HAL) sweetened its final offer only slightly from its first bid for rival Baker Hughes Inc., but the bump was magnified by a drop in Baker Hughes’s share price during merger talks this autumn between the world’s second- and third-largest oil-field service companies. Halliburton Company (NYSE:HAL) belongs to Basic Materials sector. Its net…
Regulus Therapeutics Inc. (NASDAQ:RGLS) announced that it has commenced an underwritten public offering, subject to market and other conditions, to issue and sell approximately $80,000,000 of shares of its common stock, of which approximately $70,000,000 of shares are being offered by Regulus and approximately $10,000,000 of shares are being offered by an existing stockholder of…
