Healthcare
Wall St Week Ahead: Stocks eye regional banks, short-sale rule
NEW YORK, July 18 (Reuters) - In the heart of earnings season, U.S. stock market investors will scrutinize a raft of regional bank earnings next week for more write-offs that could send the market tumbling. Full Article
J&J found not liable in Motrin lawsuit
LOS ANGELES (Reuters) - Johnson & Johnson on Thursday won a lawsuit brought by the family of an 11-year-old girl who became blind after using the drug Children's Motrin in 2003. Full Article
UPDATE 6-Teva to buy Barr for $7.46 bln, boost generic lead
NEW YORK, July 18 (Reuters) - Teva Pharmaceutical Industries , the world's largest generic drug company, said on Friday it would buy rival Barr Pharmaceuticals Inc for $7.46 billion to expand its leadership in the U.S. market and fortify its presence in Europe. Full Article
Former general Yanai steers big Teva deal
TEL AVIV (Reuters) - In landing the biggest acquisition ever by an Israeli company, Teva Pharmaceutical Industries Chief Executive Shlomo Yanai applied the long-term strategic thinking of a seasoned military general. Full Article
UPDATE 2-MDS takes charges to bolster competitive edge
TORONTO, July 18 (Reuters) - MDS Inc said on Friday it expects to record charges totaling $28 million, mostly in the third quarter, as it cuts 210 jobs and records an asset impairment charge related to its MDS Pharma Services laboratory in Montreal. Full Article
FACTBOX: Largest healthcare acquisitions
(Reuters) - Teva Pharmaceutical Industries Ltd said on Friday it would buy rival generic drugmaker Barr Pharmaceuticals Inc for $7.46 billion to expand its leadership in the U.S. market and fortify its presence in Europe. Full Article
UPDATE 1-RESEARCH ALERT-Citigroup cuts Somanetics to hold
July 18 (Reuters) - Citigroup downgraded Somanetics Corp to "hold" from "buy," saying it saw little reason for shares of the medical device maker to rise higher in the near term. Full Article
MDS to record $28 mln in charges, cut 210 jobs
TORONTO, July 18 (Reuters) - MDS Inc said on Friday it expects to record charges totaling $28 million, mostly in the third quarter, as it cuts 210 employees and records an asset impairment charge related to its MDS Pharma Services site. Full Article
Teva to buy Barr for $7.46 billion, boost generic lead
NEW YORK (Reuters) - Teva Pharmaceutical Industries , the world's largest generic drug company, said on Friday it would buy rival Barr Pharmaceuticals Inc for $7.46 billion to expand its leadership in the U.S. market and fortify its presence in Europe. Full Article
TABLE-India's Cipla Q1 net rises 17 pct, misses f'cast
(versus the same period a year earlier, in billion rupees unless stated) Full Article
Shrinking market sends Japan Inc buying abroad
TOKYO (Reuters) - Japanese companies are turning increasingly to overseas acquisitions to drive growth, buy technology and build market share, spurred by a stagnant domestic economy, shrinking population and largely unburdened by subprime credit damage. Full Article
| Symbol | Bid | Ask |
|---|---|---|
| BRENT CRUDE | $0.00 | $0.00 |
| MINI GOLD | $955.10 | $955.60 |
| MINI SILVER | $18.16 | $18.19 |
