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Friday, 24 May 2013 |
UPDATE 1-Valeant near deal to acquire Bausch Lomb -source
Written by Reuters: Company News
NEW YORK, May 24 (Reuters) - 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....
Friday, 24 May 2013 |
CANADA STOCKS-TSX opens lower on stimulus pullback fears
Written by Reuters: Company News
TORONTO, May 24 (Reuters) - Canada's main stock index opened lower on Friday, led by weaker financial and energy shares, as fears of an early end to the U.S. government bond-buying program offset data showing positive economic sentiment in Germany. The Toronto Stock Exchange's S&P/TSX composite index was down 33.62 points, or 0.27 percent, at...
Pfizer (PFE: NYSE) By MKM Partners ($29.30, May 23, 2013) We are increasing our fair-value estimate of Neutral-rated Pfizer to $29 from $28 on an earlier-than-expected Zoetis spinoff. Pfizer (ticker: PFE) expects to split off its remaining
...
Friday, 24 May 2013 |
More on Abercrombie Fitch (ANF): The company was selling, but not as many people were buying in Q1. Comparable store sales fell 15% including direct-to-consumer sales with Hollister off 18% and the Abercrombie Fitch brand falling 13%. Sales weakened at th
Written by SeekingAlpha - Market Currents
More on Abercrombie & Fitch (...
Friday, 24 May 2013 |
UPDATE 1-U.S. tornado insured losses estimated at $2 bln-$5 bln
Written by Reuters: Company News
May 24 (Reuters) - Tornadoes that struck the United States from May 18 to May 20 caused anywhere from $2 billion to $5 billion in insured losses, disaster modeling company Eqecat said....
Friday, 24 May 2013 |
UPDATE 1-Morgan Stanley names Leleu, Cheng in Asia ECM shakeup
Written by Reuters: Company News
HONG KONG, May 24 (Reuters) - Morgan Stanley has named Jerome Leleu and Mille Cheng as co-heads of Asia Pacific equity capital markets in a shakeup of its management of that division, according to an internal memo obtained by Reuters on Friday....
Friday, 24 May 2013 |
Hedge Fund ECF Value Explains Its Strategy
Written by Barron's Most Emailed TodayTable: Hedge Funds: Best-Worst-Biggest [1]
To help celebrate 15 years running a successful hedge fund, Jeff Gates decided it was OK to talk to the press for the first time.
He's got ample reason to feel chatty. His event-driven fund, ECF Value, has delivered average annualized gains of 17.5% a year since its 1996 start-up, and an average 26.27% in
Friday, 24 May 2013 |
PRESS DIGEST-New York Times business news - May 24
Written by Reuters: Company News
May 24 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy....
Friday, 24 May 2013 |
PRIMECAP Management Sells 11 - Wal-Mart, Kohl's, Progressive
Written by GuruFocus
By Sally Jones....