WASHINGTON, June 17- The U.S. Supreme Court ruled on Monday regulators can challenge deals between brand-name drug companies and generic rivals that delay cheaper medicines from going on sale, which regulators say increase costs to consumers by billions of dollars.
WASHINGTON, June 17- The U.S. Supreme Court ruled on Monday that the Federal Trade Commission can challenge deals brand-name drug companies make with generic rivals that keep cheaper products off the market.
Shares of Teva Pharmaceutical Industries, which makes Plan B One-Step, increased 41 cents to $38.44 by midday. Shares of Perrigo Co., which has a two-pill pack, jumped nearly 3 percent to $116.47. And Actavis Inc. shares increased 44 cents to $120.78 amid a drop in the broader market.
*Meda's most promising asset Dymista allergy inhaler. *Meda shares hit 5-1/ 2- year on news of talks. MUMBAI, May 31- India's Sun Pharmaceutical Industries Ltd is in talks to buy Sweden's Meda AB for between $5 billion and $6 billion to boost its generics business in developed markets, two sources with direct knowledge of the process said.
*Valeant shares hit all-time high in Toronto. TORONTO/ WINNIPEG, Manitoba, May 27- Valeant Pharmaceuticals International said on Monday it agreed to buy Bausch& Lomb Holdings Inc from Warburg Pincus LLC for $8.7 billion, a cash deal set to vault the Canadian company into the upper ranks of the global pharmaceutical sector.
NEW YORK, May 24- Canada's Valeant Pharmaceuticals International is nearing a deal to acquire eye care company Bausch& Lomb Holdings Inc from Warburg Pincus LLC for about $9 billion, a person familiar with the matter said on Friday.
*Yahoo's board approves $1.1 bln Tumblr acquisition. NEW YORK, May 20- U.S. stocks slipped by afternoon trade on Monday as indexes struggled to break above their record levels with investors hesitant to rush into the market.
Deals such as Yahoo's $1.1 billion bid for Tumblr indicate that companies continue to search for growth through acquisitions despite record high share prices, a bullish sign for stocks.
*Yahoo's board approves $1.1 bln Tumblr acquisition. *Actavis to acquire Warner Chilcott in stock-for-stock deal. Deals, including Yahoo's $1.1 billion bid for Tumblr, indicate that companies continue to search for growth through acquisitions, a bullish sign for stocks.
*Yahoo's board approves $1.1 bln Tumblr acquisition. *Actavis to acquire Warner Chilcott in stock-for-stock deal. Deals including Yahoo's $1.1 billion bid for Tumblr indicate that companies continue to search for growth through acquisitions, a bullish sign for stocks.
*Yahoo's board approves $1.1 bln Tumblr acquisition. *Actavis to acquire Warner Chilcott in stock-for-stock deal. Deals including Yahoo's $1.1 billion bid for Tumblr indicate that companies continue to search for growth through acquisitions despite record highs, a bullish sign for stocks.
*Yahoo's board approves $1.1 bln Tumblr acquisition. *Actavis to acquire Warner Chilcott in stock-for-stock deal. Deals including Yahoo's $1.1 billion bid for Tumblr indicate that companies continue to search for growth through acquisitions despite record highs, a bullish sign for stocks.
U.S. stock market index futures were slightly lower Monday, after major averages finished higher for the fourth-consecutive week, amid ongoing concerns the Federal Reserve may begin to taper off its quantitative easing program sooner than expected.
*Yahoo's board approves $1.1 bln Tumblr acquisition. *Actavis to acquire Warner Chilcott in stock-for-stock deal. Deals including Yahoo's $1.1 billion bid for Tumblr indicate that companies continue to search for growth through acquisitions despite record highs, a bullish sign for stocks.
May 20- Generic drugmaker Actavis Inc, which has been the subject of intense takeover speculation, said on Monday that it had struck a deal to buy specialty pharmaceuticals company Warner Chilcott Plc for $8.5 billion in stock.
*Yahoo's board approves $1.1 bln Tumblr acquisition- WSJ. *Actavis to acquire Warner Chilcott in stock-for-stock deal. *Acquisitions including Yahoo's $1.1 billion bid for Tumblr indicate that companies continue to search for growth through acquisitions despite record highs, a bullish sign for the market.
Warner Chilcott shareholders will receive 0.160 shares of the combined company, or $20.08 per Warner Chilcott share, based on Actavis's closing share price of $125.50 on May 17.
The Fast Money traders share their final trades of the day.
Tuesday, 18 Jun 2013 | 5:00 PM ETAhead of the Fed meeting, the S&P 500 appears headed toward 1,687, StockMonster's Guy Adami says.
Tuesday, 18 Jun 2013 | 6:40 PM ETYou say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.