Shares of Tiffany & Co. (NYSE: TIF) climbed about 4% by afternoon trade on Tuesday after the luxury jewelry maker reported better-than-expected fiscal first quarter results, led by strong growth in international markets. For the fiscal first quarter ended April 30, the Company reported adjusted earnings of $89 million or 70 cents a share. Sales [...]
Canadian drug- maker, Valeant Pharmaceuticals International Inc. (NYSE: VRX) announced on Monday that it has agreed to buy Bausch & Lomb from Warbug Pincus in an all-cash deal estimated at $8.7 billion, a move which is expected to help the company to gain traction in global ophthalmic pharmaceutical market.
Generic drug maker Actavis Inc (NYSE: ACT) announced on Monday that it has agreed to acquire specialty pharmaceutical Company, Warner Chilcott Plc (NASDAQ: WCRX) in stock swap deal, valued at almost $5 billion.
Shares of Conceptus Inc. (NASDAQ: CPTS) rallied about 19.40% by afternoon trade after Bayer AG said that it has agreed to acquire Conceptus in deal estimated at euro 852 million ( $1.1 billion ) as the health-care company looks to gain traction in women contraceptive market. Bayer said that in next 10 days period, it [...]
Shares of Valeant Pharmaceuticals International (NYSE: VRX), a specialty pharmaceutical company engaged in the development, manufacturing and marketing of a range of pharmaceutical products, are soaring in early trading today.