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#PreMarket Primer: Friday, November 21: Immigration Reform Could Have Lasting Impact In More Ways Than One
Friday, November 21, 2014 - 8:09am | 1223President Barack Obama announced his sweeping reforms of the U.S. immigration system on Thursday, much to the dismay of Republicans who believe the President should not act unilaterally. The reforms will protect nearly five million undocumented workers from deportation and give them an...
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#PreMarket Primer: Tuesday, November 18: Abe To Delay Sales Tax Increase In Japan
Tuesday, November 18, 2014 - 7:23am | 1336Following reports that the Japanese economy had fallen into a recession in the third quarter, Prime Minister Shinzō Abe is planning to hold off on another sales tax hike initially set for October 2015. In April, the country’s sales tax was increased from 5 percent to 8 percent in an effort...
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#PreMarket Primer: Monday, November 17: Japan's Economy Unexpectedly Slips
Monday, November 17, 2014 - 8:33am | 1293Data out on Monday showed that the Japanese economy fell into a recession in the third quarter, an unexpected report as most analysts were expecting to see 2.1 percent growth. Instead, the figures showed that Japanese GDP declined by an annualized 1.6 percent from July to September, a worrying...
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Perrigo Surges Amid Report Of Omega Pharma Acquisition
Thursday, October 30, 2014 - 10:17am | 301Shares of Perrigo Company plc (NYSE: PRGO) surged higher Thursday amid reports that the company will buy Omega Pharma NV. Bloomberg reported that "Perrigo Co. has entered exclusive talks to buy Omega Pharma NV after beating suitors including Sanofi, Actavis Plc and Boehringer Ingelheim...
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Will Actavis Win Competition For Allergan's Affection?
Thursday, October 16, 2014 - 10:10am | 839Four pharmaceutical companies have been flirting with merger deals. Discussing the confusing courting, Barron’s called them the Bob & Carol & Ted & Alice of pharmaceuticals, referencing the sexy 1969 comedy-drama with the tag line “Consider the Possibilities.” In...
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#PreMarket Primer: Tuesday, September 23: First Airstrikes In Syria Begin
Tuesday, September 23, 2014 - 6:28am | 1100The U.S., alongside its Gulf Arab allies, began the first in a series of airstrikes against Islamic State militants in Syria on Tuesday. Reuters reported that Saudi Arabia, the United Arab Emirates, Jordan and Bahrain are all taking part with Qatar providing support as needed. The strike is...