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Exclusive: Teva poised to raise its stake in Mylan - sources

2015-06-03 01:35:29| Biotech - Topix.net

The strategy is a sign of Teva's commitment to its $40 billion bid for Mylan, as the latter presses on with its own $34 billion hostile bid for over-the-counter drug company Perrigo Company Plc ( Teva last week disclosed a 1.8 percent stake in Mylan, which blasted the move as breaching U.S. antitrust laws because of the stake's size. U.S antitrust laws bar companies from acquiring stakes worth more than $76.3 million in rivals without first obtaining regulatory approval.

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American Eagle Outfitters poised to pounce with Abercrombie & Fitch weak, analyst says

2015-05-27 14:11:17| Apparel - Topix.net

The latest evidence came in a report issued Saturday by Janney Montgomery Scott in which the firm maintained its buy rating of American Eagle stock and raised its price target from $19 a share to $20, according to industry reports. On Tuesday morning after a Memorial Day weekend, American Eagle's stock was trading around $16.40 a share, still below the company's 52-week high of more than $18.00 after the company's first-quarter report announced last week achieved 15 cents per share , beating analysts' estimates.

Tags: american says weak eagle

Mixto Tequila poised for "golden age" - Jose Cuervo

2015-05-26 14:20:00| Daily beverage news and comment - from just-drinks.com

The mixto segment of the Tequila category is on the cusp of "a golden age", according to the master blender of Jose Cuervo.

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Wind Power Is Poised Spread to All States

2015-05-20 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: All 50 states could become wind energy producers, according to an Energy Department report released Tuesday, once the next generation of larger, taller turbines in development hits the market. The bigger machines reaching as high as 460 feet could eventually make faster winds at higher altitudes an economical source of electricity, an important part of reaching the nations goals in fighting global warming, said Ernest Moniz, the secretary of energy. We believe very much the central role of...

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