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Week In Review: Shanghai Pharma Acquires Cardinal's China Drug Distribution Network For $1.2 Billion
Article By:
ChinaBio® Today
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Saturday, November 18, 2017 4:53 PM EDT
Shanghai Pharma paid $1.2 billion to win the bidding war for Cardinal Health's China drug distribution operations. Cardinal was China's eighth-largest drug distribution company, with $3.5 billion in 2016 China revenues, while Shanghai Pharma is #3.
On The Fly: Top Stock Stories From Monday, Nov. 13
Global Markets Turn Cautious, IPO News & Cues To Watch Out Today
Article By:
Equitymaster India
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Tuesday, November 14, 2017 3:00 AM EDT
Global stock markets were cautious as market participants showed increasing concerns about the US tax overhaul plan. Market participants in Europe will be closely watching speeches by Mario Draghi and Janet Yellen both set to speak Tuesday.
Qualcomm Rejected Broadcom Bid: Here’s What Analysts Say
Article By:
ValueWalk
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Monday, November 13, 2017 9:45 PM EDT
Qualcomm stock surged after it was reported that the chip maker has turned down Broadcom’s takeover offer. In a statement announcing that Qualcomm rejected Broadcom, the company said the board decided that the bid “dramatically” undervalues it.
Week In Review: China's Creat To Restructure $1.5 Billion Biotest Takeover
Article By:
ChinaBio® Today
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Saturday, November 11, 2017 4:17 PM EDT
Creat Group of China has withdrawn its current $1.5 billion offer to acquire Biotest, a German blood plasma products company, because US regulators refused to approve the deal, worried a China corporation would have access to US donor information.
CNRP Mining Target X-Sprays Announces Start Of Test In Colorado Market
Article By:
Technical420
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Wednesday, November 8, 2017 10:08 AM EDT
Over the last two weeks, CNRP Mining has captured the market’s attention. During this time, the company has executed on its strategy by closing on the acquisition of X-Sprays and by completing a $3 million non-brokered private placement.
In this article: CRPGF
Snapchat Soars, Reversing Earlier Crash, After Tencent Buys 10% Stake
Article By:
Tyler Durden
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Wednesday, November 8, 2017 7:30 AM EDT
Just prior the release of the Tencent news on Wednesday, shares were down 19% in the premarket. They promptly filled the Tuesday gap, and surged right back over $15 on the Tencent news.
Broadcom Offers Hostile $130 Billion Deal To Buy Qualcomm In Largest Tech Acquisition In History
Article By:
Tyler Durden
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Monday, November 6, 2017 7:40 AM EDT
Broadcom's bid consists of $60 in cash and $10 in shares, representing a 28% premium to QCOM's closing price on Thursday, a day before media reports of a potential deal pushed up the company's shares.
Global Stocks Drift Lower As US Futures Rebound From Overnight Scare, Oil At 2 Year Highs
Article By:
Tyler Durden
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Monday, November 6, 2017 6:52 AM EDT
WTI gained 0.6 percent to $55.97 a barrel, the highest in about nine months. Gold increased 0.1 percent to $1,271.66 an ounce. Copper rose 1 percent to $3.15 a pound, the highest in more than a week.
Time Warner Shares Plunge: DoJ Considering Suit To Block AT&T Merger
Article By:
Tyler Durden
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Thursday, November 2, 2017 12:01 PM EDT
The DoJ and the companies are discussing possible settlement terms that would lead to the deal winning government approval with conditions attached. The two sides, however, aren’t yet close to an agreement.
Indian Indices Trade Strong, PMI Declines In October, And Top Stocks In Action
Article By:
Equitymaster India
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Thursday, November 2, 2017 2:40 AM EDT
Maruti Suzuki India Ltd will be among the stocks to watch today after the company reported 9.3% increase in wholesale at 135,128 units for October.