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Dow, S&P end at records on Fed officials' remarks
ReutersNEW YORK (Reuters) - Stocks rose on Tuesday, with the Dow and the S&P 500 closing at new all-time highs as comments from Federal Reserve officials eased some concerns that the central bank could start reducing its stimulus program. The Dow Jones...Tags: Machine Manufacturing, Time Warner Telecom Inc., Book, Carnival Corporation, Rupert Murdoch
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Royalty eleva oferta por Elan, emite ultimátum a accionistas
ReutersPor Padraic Halpin y Jessica Toonkel DUBLIN/NUEVA YORK (Reuters) - Royalty Pharma elevó su oferta hostil por Elan a 12,50 dólares por acción y amenazó con retirar la oferta si los accionistas de Elan aprueban una serie de transacciones defensivas...Tags: GlaxoSmithKline PLC, Elan Corporation Plc
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Royalty raises Elan bid, issues ultimatum to shareholders
ReutersDUBLIN/NEW YORK (Reuters) - Royalty Pharma raised its hostile bid for Elan to $12.50 per share and threatened to withdraw the bid if Elan shareholders approve a series of defensive transactions announced by the Irish drug firm. Royalty Pharma, which buys...Tags: Biogen Idec Incorporated, GlaxoSmithKline PLC, Elan Corporation Plc, Business Enterprises, Alzheimer's Disease
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Royalty Pharma ups offer for Elan to $12.50/shr
ReutersLONDON, May 20 (Reuters) - U.S. investor Royalty Pharma raised its offer to $12.50 per share for Irish drugmaker Elan on Monday, representing a premium of 45 percent to Elan's enterprise value, it said. The company said it was offering $4.6 billion for...Tags: Biogen Idec Incorporated, Elan Corporation Plc
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US high-yield issuers rush to market
ReutersBy Joy Ferguson and Rachelle Kakouris May 20 (IFR) - It's looking like another busy week for high-yield as issuers rush in ahead of the long Memorial Day weekend to take advantage of the current window for issuance at near-record low coupons. A total...Tags: Deutsche Bank AG, Memorial Day, GlaxoSmithKline PLC, Goldman Sachs Group, Inc., Petroleum Industry
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Elan says Royalty wanted to take it private before Tysabri deal
ReutersDUBLIN, May 15 (Reuters) - Royalty Pharma last year urged Elan to hold off on a multi-billion dollar drug deal until it had taken the Irish drugmaker private to boost the compensation the firms' executives would receive, Elan said on Wednesday. Royalty...Tags: Biogen Idec Incorporated, Shareholders, GlaxoSmithKline PLC, CEO Pay, Elan Corporation Plc
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U.S. RESEARCH ROUNDUP: Yahoo, Microsoft, American Express, ArcelorMittal
ReutersMay 14 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Yahoo and Microsoft, on Tuesday. HIGHLIGHTS * Yahoo : Goldman Sachs raises target to $30 from $27; rating conviction list buy...Tags: Microsoft Corporation, Cigna Corporation, DiamondRock Hospitality Company, Silver Wheaton Corporation, Carmike Cinemas Incorporated
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U.S. RESEARCH ROUNDUP: AIG, Express Scripts, Eli Lilly, Carlyle Group
ReutersMay 13 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including AIG, Carlyle Group and Express Scripts, on Monday. HIGHLIGHTS * AIG : Barclays raises to overweight from equal weight -...Tags: AllianceBernstein Holding LP, Las Vegas Sands Corporation, Tower Group Incorporated, Nelnet Incorporated, DiamondRock Hospitality Company
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Wall St termina plano tras recientes máximos
ReutersPor Caroline Valetkevitch NUEVA YORK (Reuters) - Las acciones cerraron planas el lunes en la bolsa de Nueva York, tomándose un respiro tras trepar a máximos históricos la semana pasada, pero la fortaleza del sector cuidado de la salud ayudó a que los...Tags: Financial Markets, S&P 500, GlaxoSmithKline PLC, Elan Corporation Plc, Stock Market
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Ten new deals enter US high-yield pipeline
ReutersBy Rachelle Kakouris NEW YORK, May 13 (IFR) - The high-yield market started where it left off Friday with the new issue window remaining wide open for corporate borrowers across the credit spectrum. Ten new dollar deals entered the pipeline this...Tags: Neenah Paper Incorporated, Deutsche Bank AG, Loans, Builders FirstSource Inc., Credit and Debt
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Elan-Theravance deal a big boost for Baupost, Fidelity
ReutersBy Tim McLaughlin BOSTON, May 13 (Reuters) - Fidelity Investments and hedge fund Baupost Group LLC got a lift on Monday from their investment in Theravance Inc after the U.S.-based biopharmaceutical company agreed to a $1 billion royalty deal with...Tags: Thomson Corporation, GlaxoSmithKline PLC, Warren Buffett, Elan Corporation Plc
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US STOCKS-Futures dip after record high; retail sales on tap
Reuters* Elan, Theravance reach royalties deal * Retail sales for April on tap * Futures off: Dow 40 pts, S&P 5.4 pts, Nasdaq 11.75 pts By Chuck Mikolajczak NEW YORK, May 13 (Reuters) - U.S. stock index futures dipped on Monday, indicating the S&P 500 may...Tags: S&P 500, GlaxoSmithKline PLC, Kentucky Fried Chicken, Bird Flu, NASDAQ
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