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Shah Busts Europe's Biggest Myth – and Shares His Latest Crystal-Ball Call
Shah Gilani has a penchant for making bold predictions.
He also has a penchant for being right.
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September 27, 2016
Here are the key differences between Hillary Clinton and Donald Trump on taxes.
September 21, 2016
The first presidential debate is upon us and the top issue on voters' minds: the state of our current tax code.
September 20, 2016
The Dow Jones Industrial Average today is climbing as the Fed meets to discuss monetary policy.
Investors don't believe there will be a rate hike, but we will know the Fed's final decision tomorrow.
July 28, 2015
7/27/15 AGN: The deal between Allergan Plc. (NYSE: AGN) and Teva means that Teva Pharmaceutical Industries Ltd. (NYSE ADR: TEVA) has withdrawn its offer to purchase generic drug maker Mylan NV (Nasdaq: MYL). That news sent shares of Mylan into a tailspin, declining more than 14%.
June 18, 2015
6/18/15 AGN: Botox manufacturer Allergan Plc. (NYSE: AGN) announced on June 17 a $2.1 billion cash-and-stock deal to buy pharmaceutical firm Kythera Biopharmaceuticals Inc. (Nasdaq: KYTH).
March 17, 2015
3/17/15: Botox-manufacturer Allergan Inc. (NYSE: AGN), which is in the process of being acquired by pharmaceutical giant Actavis Plc. (NYSE: ACT), is being replaced on the S&P 500 index by American Airlines (NYSE: AAL). The addition of AAL will take place after the close of trading on March 20. Actavis Plc. (NYSE: ACT) agreed to acquire Allergan on Nov. […]
February 23, 2015
Shares of Salix Pharmaceuticals Ltd (Nasdaq: SLXP) slipped about 1% in premarket hours on news it will be acquired by Canada's Valeant Pharmaceuticals Int'l Inc. (NYSE: VRX). The all-cash deal announced Sunday is expected to be worth up to $14.5 billion, and will pay $158 per share in cash. The deal is expected to save […]
January 21, 2015
2015 Mergers and Acquisitions: M&A activity, if executed properly, can result in industry dominance and shareholder wealth.
Some of the companies planning to tie up in 2015 could monopolize an entire sector, while others simply hope to bolster their chances against the competition.
November 17, 2014
Merger Mania: According to reports, private pharmaceutical giant Actavis Plc. will announce a cash-and-stock mega-deal to buy Allergan Inc. (NYSE: AGN). The $65.5 billion deal – or $210 per share – would end months of speculation about a possible hostile takeover led by activist investor Bill Ackman. The high-profile investor had been working with Valeant Pharmaceuticals […]
October 27, 2014
Shares of Allergan Inc. (NYSE: AGN) were up more than 1.5% in premarket hours on news that company posted strong third-quarter earnings and is likely to receive a higher takeover bid. Allergan posted adjusted per-share earnings of $1.78, besting Wall Street expectations by a dime. Meanwhile, Valeant Pharmaceuticals (NYSE: VRX) announced it is willing to increase its offer […]
October 9, 2014
The battle for Allergan Inc. (NYSE: AGN) is heating up again. A day afterValeant Pharmaceuticals International Inc. (NYSE: VRX) announced plans to increase its offer to roughly $191, rival Actavis Plc (NYSE: ACT) said it is considering new options to purchase the manufacturer of Botox. According to multiple reports, Allergan executives have refused to consider any bid less than $200 per share.
October 8, 2014
The Wall Street Journal reports that Pershing Square Capital Management and its partner Valeant Pharmaceuticals International Inc. (NYSE: VRX) announced on Tuesday that it plans to increase its offer for Allergan Inc. (NYSE: AGN) by $15 per share. The current bid from Valeant and Bill Ackman's Pershing Square would raise the value of Allergan shares to $191.
September 23, 2014
Botox manufacturer Allergan Inc. (NYSE: AGN) rejected a massive bid from pharmaceutical company Actavis Plc. (NYSE: ACT), according to The Wall Street Journal. The report says that Allergan is poised to announce its acquisition of Salix Pharmaceuticals Ltd. (Nasdaq: SLXP), which could cost nearly $10 billion. Allergan has been aggressively attempting to avoid a $53 billion hostile takeover from its rival Valeant Pharmaceuticals International Inc. (NYSE: VRX). Shares […]
August 15, 2014
Dow Jones today, Aug. 15, 2014: U.S. stocks slumped Friday, turning downward from early gains this morning, after new reports emerged of rising geopolitical conflict in Ukraine. This morning, a Ukrainian military leader said his forces had attacked a column of Russian armored trucks that crossed the border.
June 10, 2014
Stock market news, June 10, 2014: The Dow Jones Industrial Average closed at another record high today after adding 2.82 points. The Dow was down most of the day, but rallied in the last hour. U.S. crude oil futures flirted with $105 per barrel.
June 2, 2014
Dow Jones futures today, June 2, 2014: Dow Jones futures were up this morning (Monday) after the Dow Jones Industrial Average squeezed out a record-breaking close on Friday. The Standard and Poor's 500 followed suit, setting up for a positive start today following its own record-high on Friday. Nasdaq futures were also higher before market open.
May 29, 2014
Featured on Thursday's hot stocks to watch list are couple of soaring smartphone companies, a climbing teen retailer, and a surging defense and security penny stock.
May 28, 2014
Dow Jones today, May 28, 2014: The Dow Jones Today (Wednesday) will likely continue to benefit from positive economic data released earlier in the week, including growing consumer confidence and expansion in the U.S. service sector.
Tuesday saw the Dow close up nearly 70 points, while the S&P 500 hit a new record.