Business Highlights
By The Associated Press - AP - Mon Jul 27, 5:12PM CDT
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AGN: 326.98 (+18.77), QSR: 41.50 (+1.41), F: 14.55 (+0.16), QSR.TO: 54.21 (+2.01), MYL: 56.37 (-9.57), TEVA: 72.00 (+10.15), MHFI: 99.59 (-5.99)
Mylan Shares Tank After Teva Pharmaceutical Nixes Takeover Bid
at The Street - Mon Jul 27, 4:47PM CDT
Pharmaceutical giant Mylan (MYL) was the worst performing stock in the S&P 500 on Monday, making it TheStreet's Move of the Day.
AGN: 326.98 (+18.77), MYL: 56.37 (-9.57), TEVA: 72.00 (+10.15)
Look for Shares of Teva Pharmaceutical Industries to Potentially Pullback after Yesterday's 16.41% Rise
Comtex SmarTrend(R) - Mon Jul 27, 3:43PM CDT
Teva Pharmaceutical Industries (NASDAQ:TEVA) traded in a range yesterday that spanned from a low of $66.61 to a high of $72.15. Yesterday, the shares gained 16.4%, which took the trading range above the 3-day high of $63.36 on volume of 39.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
TEVA: 72.00 (+10.15)
After Yesterday's Rally of 16.41% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Jul 27, 3:42PM CDT
Teva Pharmaceutical Industries (NASDAQ:TEVA) traded in a range yesterday that spanned from a low of $66.61 to a high of $72.15. Yesterday, the shares gained 16.4%, which took the trading range above the 3-day high of $63.36 on volume of 39.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
TEVA: 72.00 (+10.15)
Analysts expect more tie-ups in generic drug business
AP - Mon Jul 27, 3:43PM CDT
NEW YORK (AP) — Analysts say they expect more tie-ups are coming in the generic drug industry in the wake of Teva's mammoth deal for the generic drug business of Allergan.
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IPXL: 49.25 (+0.04), AGN: 326.98 (+18.77), AKRX: 46.16 (+0.77), SGNT: 25.48 (+0.22), MYL: 56.37 (-9.57), TEVA: 72.00 (+10.15)
Stocks Fall For Fifth Straight Session On China Woes
at Investor's Business Daily - Mon Jul 27, 3:39PM CDT
Stocks fell for the fifth straight session Monday as a sell-off in China's main index sparked fears of a slowdown in the world's second-biggest economy. The Nasdaq fell 1%, sliding below its 50-day moving average. The Dow Jones industrial average...
AGN: 326.98 (+18.77), NFX: 30.88 (-1.90), CYBR: 59.83 (-3.18), SOHU: 42.74 (-1.94), TEVA: 72.00 (+10.15), MRO: 20.69 (-0.72), JD: 32.15 (-2.49), PAYC: 31.60 (-2.15), BABA: 81.40 (-1.62)
Cramer -- Twitter Has Short-Term Problems; Gilead's 'Problem' Is Too Much Cash
at The Street - Mon Jul 27, 3:30PM CDT
People are "max negative" on Twitter ahead of its earnings report Tuesday, which Jim Cramer doesn't see as unjustified -- at least, in the short term.
AGN: 326.98 (+18.77), BIIB: 309.43 (+9.40), GILD: 110.54 (-2.29), TEVA: 72.00 (+10.15), TWTR: 34.70 (-0.72)
Teva and Restaurant Brands are big market movers
AP - Mon Jul 27, 3:25PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
QSR: 41.50 (+1.41), QSR.TO: 54.21 (+2.01), RJET: 3.77 (-4.73), MYL: 56.37 (-9.57), BECN: 32.70 (+2.62), TEVA: 72.00 (+10.15), WAB: 97.93 (+6.59)
Will Currency & Generics Weigh on Pfizer (PFE) Q2 Earnings? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jul 27, 3:10PM CDT
Pfizer (PFE), which is scheduled to report its second-quarter 2015 earnings on Jul 28, had posted a positive earnings surprise of 2.00% last quarter.
MDCO: 33.39 (-0.43), PFE: 34.34 (+0.08), TEVA: 72.00 (+10.15), HSP: 89.35 (+0.10)
Stocks Down in the Dumps as Chinese Market Slumps
at The Street - Mon Jul 27, 3:05PM CDT
Wall Street sees no fresh start to the week as stocks suffer their fifth day of losses on Monday.
KMI: 35.22 (+0.37), COP: 50.65 (-1.44), FCAU: 14.41 (-0.74), UBS: 21.98 (-0.34), SLB: 81.76 (-1.14), AGN: 326.98 (+18.77), QCOM: 61.98 (+0.34), DANG: 6.54 (-0.18), TEVA: 72.00 (+10.15), BP: 36.05 (-0.52), JD: 32.15 (-2.49), CVX: 89.14 (-1.46), PTR: 95.17 (-4.75), XLE: 68.51 (-1.00), BABA: 81.40 (-1.62)
Will McKesson (MCK) Keep the Earnings Streak Alive? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jul 27, 2:25PM CDT
McKesson Corporation (MCK) has a Zacks Rank #3 with an earnings ESP of -0.35% and is scheduled to report first-quarter fiscal 2016 results on Jul 29.
MCK: 224.76 (-1.90), TEVA: 72.00 (+10.15), ALKS: 66.91 (-0.92), MNTA: 21.97 (-0.03)
Stocks Extend Losing Streak as Oil Closes Below $48
at The Street - Mon Jul 27, 2:12PM CDT
Stocks spend their fifth day in the red on Monday, their longest longest streak in six months.
KMI: 35.22 (+0.37), DAL: 43.93 (-0.17), CEA: 44.34 (-3.08), COP: 50.65 (-1.44), FCAU: 14.41 (-0.74), UBS: 21.98 (-0.34), SLB: 81.76 (-1.14), AGN: 326.98 (+18.77), QCOM: 61.98 (+0.34), DANG: 6.54 (-0.18), TEVA: 72.00 (+10.15), BP: 36.05 (-0.52), JD: 32.15 (-2.49), CVX: 89.14 (-1.46), PTR: 95.17 (-4.75), XLE: 68.51 (-1.00), BABA: 81.40 (-1.62)
Is the U.S. Bull Market Starting to Lose Its Luster?
at The Street - Mon Jul 27, 2:04PM CDT
CNBC’s ‘Fast Money’ traders take a closer look at U.S. stocks, as the selloff in China weighs on the market.
BIIB: 309.43 (+9.40), PRGO: 193.60 (+7.10), XOM: 79.26 (-0.68), MYL: 56.37 (-9.57), BMY: 64.30 (-1.68), AGN: 326.98 (+18.77), ISRG: 544.15 (-1.93), SBUX: 56.98 (-0.31), HCA: 92.03 (-0.80), IBM: 159.07 (-0.68), GM: 31.05 (-0.01), TEVA: 72.00 (+10.15), SPLK: 70.60 (-3.31), REGN: 540.03 (-1.82), NVS: 101.54 (-0.26)
3 Health Care Stocks to Trade for Gains
at The Street - Mon Jul 27, 12:56PM CDT
Here's a technical look at how to trade some of the most active stocks on the market right now.
AGN: 326.98 (+18.77), MYL: 56.37 (-9.57), TEVA: 72.00 (+10.15)
Stocks Mired In Red, Hurt By China Weakness; Boot Barn Bounces
at Investor's Business Daily - Mon Jul 27, 12:37PM CDT
Stocks were back near session lows in early afternoon trading Monday, weighed down by an 8.5% drop in the Shanghai composite overnight as well as weakness in Europe. The Nasdaq lost 0.9%, the Dow Jones industrial average gave up 0.7% and the S&P 500...
AGN: 326.98 (+18.77), BIDU: 197.68 (-8.57), BOOT: 31.44 (+0.61), TEVA: 72.00 (+10.15), BA: 141.03 (-3.03)
Cramer's Charitable Trust: We Love This Possible Allergan Deal
at The Street - Mon Jul 27, 11:30AM CDT
And we are raising our price target on AGN.
AGN: 326.98 (+18.77), TEVA: 72.00 (+10.15)
Why Mylan N.V. Stock Slumped Today
George Budwell, The Motley Fool - Motley Fool - Mon Jul 27, 11:11AM CDT
What : Shares of the specialty and generic drugmaker Mylan fell by more than 14% today on heavy volume after Teva Pharmaceutical Industries Ltd. dropped its $40 billion hostile takeover bid. Instead, Teva has decided to pursue Allergan 's...
MYL: 56.37 (-9.57), TEVA: 72.00 (+10.15)
Stocks In The Red But Off Lows As Shanghai, Europe Weigh
at Investor's Business Daily - Mon Jul 27, 10:57AM CDT
U.S. stocks were under pressure near midday Monday, brought on by an 8.5% drop in the Shanghai composite overnight as well as weakness in Europe. The Dow Jones industrial average and Nasdaq lost 0.8% while the S&P 500 shed 0.5%. Volume on both main...
BID: 41.23 (-0.53), VR: 45.29 (-0.21), ENTA: 47.47 (+2.28), AGN: 326.98 (+18.77), LOGM: 73.17 (+0.96), FFIV: 127.81 (+0.32), TEVA: 72.00 (+10.15), WAB: 97.93 (+6.59), X: 16.80 (+0.55)
Teva Pharmaceutical to Buy Allergan's Generics Unit in $40.5 Billion Deal - Stocks in the News
Madeleine Johnson - Zacks Investment Research - Mon Jul 27, 10:53AM CDT
Teva Pharmaceutical Industries has agreed to acquire Allergan Plc’s generic drug sector for roughly $40.5 billion.
AGN: 326.98 (+18.77), TEVA: 72.00 (+10.15)
Why Teva Pharmaceutical Industries Ltd. Stock Jumped Today
George Budwell, The Motley Fool - Motley Fool - Mon Jul 27, 10:04AM CDT
What : Shares of the generic drugmaker Teva Pharmaceutical Industries Ltd. rose by 11% in early morning trading after the company announced that it plans on buying Allergan 's generic drug business in a cash and stock deal worth a reported $40.5...
AGN: 326.98 (+18.77), MYL: 56.37 (-9.57), TEVA: 72.00 (+10.15)