| Lockhart |
| StabsFeldwebel |
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| 292 Posts |
| registered: 22.12.2012 |
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In the headlines this midday, Teva Pharmaceuticals has struck a deal to buy Ivax for $. billion in cash and stock. The terms call for Teva to pay . s or $ per for each of Ivax ?a % premium over Ivaxs closing price on Friday. Ivax holders will own about % of the combination,Diesel Jeans On Sale, which will be a subsidiary of Teva. of both companies are trading higher on the news. U.S. stocks had turned higher at midday. This morning,Moncler Jacket, existing U.S. home sales for June came in at a record,Burberry bags outlet, climbing .% to . million units on an annualized basis. Home prices also hit their highest level in years, climbing toan average of$,www.dieselsalesoutlet.com,. The U.S. dollar strengthened against the euro, while oil prices continued to cool below $ per barrel, as supply concerns ease. In company news, Xerox is trading lower, after posting secondquarter profit that missed Wall Street analysts expectations. The copier maker also guided current quarter earnings lower, as the market moves toward lower margin desktop office products. In other news,Diesel jeans skinny, Unocal would have accepted a sweetened bid from Chinese staterun oil company CNOOC , according to a proxy statement filed with U.S. regulators. Unocal ended up backing a sweetened $ a offer from Chevron . Now on the Forbes Video Network, Sophia Banay is back again with her Business Travel Update. Thats it for now. Well be back at : for the afternooon report. For all the latest business headlines,Diesel Tapered Jeans, stay logged on to Forbes. Video: Teva To Buy Ivax Want to track news this author or about this industry Forbes Attacheacute makes it easy. Click here.
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