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  • Allergan CEO comes out swinging     Thursday, 10 Jul 2014 | 6:24 AM ET

    CNBC's Meg Tirrell reports Allergan CEO David Pyott told "Mad Money" host Jim Cramer Valeant's he is keeping his options open on acquisitions.

  • Compounding pharmacy oversight changes signed Thursday, 10 Jul 2014 | 3:31 AM ET

    BOSTON— Two years after a deadly nationwide meningitis outbreak linked to a compounding pharmacy in Massachusetts, Gov. A tainted steroid produced by the now-closed New England Compounding Center in Framingham was blamed for the fungal meningitis outbreak that caused 64 deaths and hundreds of illnesses in 20 states.

  • A top holding in the $710 million Ivy Emerging Markets Equity Fund, the best performing diversified emerging market fund over the last five years, is Las Vegas Sands Corp, the U.S.-based casino operator that generates most of its revenue in Macao.

  • More 'headline-grabbing' corporate deals expected Wednesday, 9 Jul 2014 | 7:02 PM ET

    LONDON— More "headline-grabbing" acquisitions are likely over the coming year as businesses take advantage of a period of improving economic growth and cheap financing.

  • Who pays your doc? Coming soon to a site near you Wednesday, 9 Jul 2014 | 2:18 PM ET

    That's because nearly 95 percent of U.S. physicians accept gifts, meals, payments, travel and other services from companies that make the drugs and medical products they prescribe, according to the New England Journal of Medicine.

  • *France's Servier, Israel's Teva among those fined. BRUSSELS, July 9- European Union antitrust regulators fined French drugmaker Servier, Israel's Teva and four others a total of 428 million euros on Wednesday, as they crack down on deals which block cheaper generic medicine.

  • Celgene says Otezla falls short in added use study Wednesday, 9 Jul 2014 | 9:25 AM ET

    SUMMIT, N.J.— Shares of Celgene Corp. slipped in premarket trading Wednesday after the drugmaker said its psoriatic arthritis treatment Otezla missed the main goal of a late-stage study exploring an additional use. Celgene said it planned to start another late-stage study after it does more data analysis.

  • *AbbVie retracts claim that Shire investors support bid. LONDON, July 9- U.S. drugmaker AbbVie has been forced to retract comments by its chief executive about shareholder support for its $51 billion bid for Shire after being caught out by British takeover rules.

  • *France's Servier, Israel's Teva among those fined. BRUSSELS, July 9- European Union antitrust regulators fined French drugmaker Servier, Israel's Teva and four others a total of 428 million euros on Wednesday for blocking cheaper generic medicine.

  • $580 million EU antitrust fine for drug makers Wednesday, 9 Jul 2014 | 5:59 AM ET

    BRUSSELS— The European Union's antitrust body is imposing a fine of 428 million euros on France's pharmaceutical company Servier and five producers of generic medicines for distorting competition.

  • *AbbVie retracts claim that Shire investors support bid. LONDON, July 9- U.S. drugmaker AbbVie has been forced to retract comments by its chief executive about shareholder support for its bid for Shire after being caught out by British takeover rules.

  • LONDON, July 9- U.S. drugmaker AbbVie has been forced to retract comments by its chief executive about shareholder support for its bid for Shire after being caught out by British takeover rules. "AbbVie confirms that it has not received any written commitments of support and accordingly retracts the statements," it said on Wednesday.

  • AP Top Extended Financial Headlines At 6:32 p.m. EDT Tuesday, 8 Jul 2014 | 6:32 PM ET

    Fight in Bay Area; San Francisco, Berkeley try to become first US cities to impose soda tax Failure of Crumbs shows dangers of rapid expansion, tying business to a single product Uber goes after the nation's taxis with temporary price cuts in major US cities US stocks fall for a second day ahead of quarterly earnings results; Social media names slump Public vs private college grads earn about same, survey finds, and certain majors out-earn all Aluminum maker Alcoa posts $138 million profit in 2 Q on strong products business Ford issues 6 recalls of 100,610 vehicles for safety defects US drug maker AbbVie lifts its offer for British counterpart Shire to about $51.3 billion American Airlines CEO gives upbeat outlook for travel demand and capacity US consumer borrowing up $19.6 billion in May; gains slow after sudden April acceleration

  • Hospital pharmacist charged in theft of 200K pills Tuesday, 8 Jul 2014 | 5:26 PM ET

    Narcotics prosecutors say a NYC hospital's former pharmacy chief stole nearly 200,000 oxycodone pills over more than five years.

  • AP Top Extended Financial Headlines At 5:06 p.m. EDT Tuesday, 8 Jul 2014 | 5:06 PM ET

    Aluminum maker Alcoa posts $138 million profit in 2 Q on strong products business US consumer borrowing up $19.6 billion in May; gains slow after sudden April acceleration US stocks fall for a second day ahead of quarterly earnings results; Social media names slump Failure of Crumbs shows dangers of rapid expansion, tying business to a single product US employers post most jobs in 7 years in May; more Americans also quit in sign of confidence Public vs private college grads earn about same, survey finds, and certain majors out-earn all Uber goes after the nation's taxis with temporary price cuts in major US cities Senate panel probing GM recall to hear from switch maker CEO, compensation expert Feinberg US drug maker AbbVie lifts its offer for British counterpart Shire to about $51.3 billion Fight in Bay Area; San Francisco, Berkeley try to become first US cities to impose soda tax

  • AP Top Extended Financial Headlines At 4:35 p.m. EDT Tuesday, 8 Jul 2014 | 4:35 PM ET

    US stocks fall as quarterly earnings results loom; Technology stocks slide US consumer borrowing up $19.6 billion in May; gains slow after sudden April acceleration Failure of Crumbs shows dangers of rapid expansion, tying business to a single product US employers post most jobs in 7 years in May; more Americans also quit in sign of confidence Public vs private college grads earn about same, survey finds, and certain majors out-earn all Uber goes after the nation's taxis with temporary price cuts in major US cities Senate panel probing GM recall to hear from switch maker CEO, compensation expert Feinberg US drug maker AbbVie lifts its offer for British counterpart Shire to about $51.3 billion Fight in Bay Area; San Francisco, Berkeley try to become first US cities to impose soda tax Ford issues 6 recalls of 100,610 vehicles for safety defects

  • AP Top Extended Financial Headlines At 3:04 p.m. EDT Tuesday, 8 Jul 2014 | 3:04 PM ET

    US stocks fall in afternoon trading before quarterly earnings results; tech stocks down most US employers post most jobs in 7 years in May; more Americans also quit in sign of confidence Public vs private college grads earn about same, survey finds, and certain majors out-earn all US drug maker AbbVie lifts its offer for British counterpart Shire to about $51.3 billion Fight in Bay Area; San Francisco, Berkeley try to become first US cities to impose soda tax Ford issues 6 recalls of 100,610 vehicles for safety defects American Airlines CEO gives upbeat outlook for travel demand and capacity Struggling cupcake shop operator Crumbs says its shuttering all its stores Countries' defiance of EU ban on gas pipeline highlights Russia's energy clout in Europe EU governments at odds over allowing more debt-financed spending to boost economy, create jobs

  • AP Top Extended Financial Headlines At 2:24 p.m. EDT Tuesday, 8 Jul 2014 | 2:24 PM ET

    US stocks fall in afternoon trading before quarterly earnings results; tech stocks down most US employers post most jobs in 7 years in May; more Americans also quit in sign of confidence Public vs private college grads earn about same, survey finds, and certain majors out-earn all US drug maker AbbVie lifts its offer for British counterpart Shire to about $51.3 billion Fight in Bay Area; San Francisco, Berkeley try to become first US cities to impose soda tax Ford issues 6 recalls of 100,610 vehicles for safety defects American Airlines CEO gives upbeat outlook for travel demand and capacity Struggling cupcake shop operator Crumbs says its shuttering all its stores Countries' defiance of EU ban on gas pipeline highlights Russia's energy clout in Europe EU governments at odds over allowing more debt-financed spending to boost economy, create jobs

  • AP Top Extended Financial Headlines At 1:17 p.m. EDT Tuesday, 8 Jul 2014 | 1:17 PM ET

    US stocks fall in midday trading ahead of second-quarter earnings results; Nasdaq down sharply US employers post most jobs in 7 years in May; more Americans also quit in sign of confidence Public vs private college grads earn about same, survey finds, and certain majors out-earn all US drug maker AbbVie lifts its offer for British counterpart Shire to about $51.3 billion Fight in Bay Area; San Francisco, Berkeley try to become first US cities to impose soda tax Ford issues 6 recalls of 100,610 vehicles for safety defects Struggling cupcake shop operator Crumbs says its shuttering all its stores Countries' defiance of EU ban on gas pipeline highlights Russia's energy clout in Europe EU governments at odds over allowing more debt-financed spending to boost economy, create jobs Samsung's operating profit hits 2- year low in 2 Q on strong won, weak smartphone sales in China

  • AP Top Extended Financial Headlines At 12:15 p.m. EDT Tuesday, 8 Jul 2014 | 12:15 PM ET

    US stocks slide for second day as earnings reports loom; AbbVie falls after raising Shire bid US employers post most jobs in 7 years in May; more Americans also quit in sign of confidence US drug maker AbbVie lifts its offer for British counterpart Shire to about $51.3 billion Shares lackluster after key US indexes pull back from record highs Fight in Bay Area; San Francisco, Berkeley try to become first US cities to impose soda tax Ford issues 6 recalls of 100,566 vehicles for safety defects Struggling cupcake shop operator Crumbs says its shuttering all its stores Countries' defiance of EU ban on gas pipeline highlights Russia's energy clout in Europe EU governments at odds over allowing more debt-financed spending to boost economy, create jobs Samsung's operating profit hits 2- year low in 2 Q on strong won, weak smartphone sales in China