Generic-Drug Makers Fall as Justice Department Threatens to Sue

Shares of generic-drug makers including Mylan NV and Teva Pharmaceutical Industries Ltd. fell after the Justice Department's antitrust division said it might sue them for damages in a price-fixing probe. If taxpayers were overcharged because drugmakers conspired to raise the price of drugs, the Justice
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The layoffs, which numbered 22, were across eight different divisions inside Snap, including content, engineering, and partnership, Cheddar reported on Thursday, citing people with knowledge of the company's moves. Snap subsequently confirmed the layoffs to Cheddar on Thursday. Snap has come
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After decades of much-vaunted banking secrecy that has made it the world's largest center for overseas wealth, Switzerland's banking sector is poised to finally open up. From this year onwards, account data must be exchanged with foreign tax authorities, putting an end to the privacy protections and tax
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Fee income and higher interest rates boosted fourth-quarter earnings for Regions Financial in Birmingham, Ala., even as lending declined slightly from the year-earlier period. Net income for the $123 billion-asset Regions totaled $335 million, up 13.5% from the fourth quarter of 2016. Earnings per share
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Mortgage lenders will, I think, also become more inventive. There is already some evidence of this with some clever twists being introduced by the newer lenders, such as allowing parents to be included on a mortgage application but not being actual owners of the property. This avoids a stamp duty
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Board Certified Real Estate Lawyer Gary Singer explains what a homeowner association proxy voter is. Gary M. Singer … Board-certified real estate lawyer Gary M. Singer writes about industry legal matters and the housing market at SunSentinel.com/business/realestate each week. To ask him a
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Argo Group International Holdings LTD (NASDAQ:AGII) institutional sentiment decreased to 1.23 in 2017 Q3. Its down -0.10, from 1.33 in 2017Q2. The ratio has worsened, as 81 active investment managers increased and opened new positions, while 66 sold and decreased their stakes in Argo Group
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Today, Fortune listed the top 100 'Most Admired Companies in the World' for 2018 and Apple came in at number one, a position they've held for eleven consecutive years. Samsung didn't even make it into the top 50 this year. Apple is also listed as #3 on the Fortune 500 list, and #9 on the Global 500 list
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ROSELAND, NJ–(Marketwired – Jan 19, 2018) – ADP®, the leading global provider of human capital management (HCM) solutions, was named today to FORTUNE® magazine's “World's Most Admired Companies” list for 2018. ADP has been recognized on FORTUNE magazine's annual list for 12 years
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Kayne Anderson Rudnick Investment Management LLC lowered its holdings in Philip Morris International Inc. (NYSE:PM) by 0.7% during the third quarter, according … Societe Generale upgraded Philip Morris International from a “hold” rating to a “buy” rating in a research report on Friday, October 20th.
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Ocwen also disclosed that it inked a new version of its massive mortgage servicing rights deal with New Residential Investment, followed through on issuing 2.5 million shares of company stock as part of a $49 million class action settlement over the company misstating its net income in 2013 and 2014,
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The European Securities and Markets Authority (ESMA) has published an extended version of its transitional transparency calculations (TTC) for equity and bond instruments reported under the second Markets in Financial Instruments Directive/Regulation (MiFID II/R). Equity instruments traded for the
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The results come just weeks after the Securities and Futures Commission (SFC) of Hong Kong proposed additional safeguards on the use of securities lending, repo and derivatives transactions in a new consultation. The SFC said its three-month consultation, which began in December and runs until 19
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LendingTree, the parent company of MagnifyMoney, just released its ranking of the 100 most competitive homebuyer markets in the U.S. They based their results on 1.5 million purchase mortgage loan requests that were done through the LendingTree marketplace in the country's 100 largest cities in
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Thursday afternoon, policymakers examined a plan from the Federal Housing Finance Agency that could turn Fannie and Freddie into utilities with access to an explicit government guarantee against catastrophic loss, an article by Ian McKendry for American Banker explained. However, sources close to
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Aetna was named to Fortune's 2018 World's Most Admired Companies list. The company was ranked in the “Health Care: Insurance and Managed Care” category.
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Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.08, from 1.03 in 2017Q2. It fall, as 37 investors sold International Paper Company shares while 252 reduced holdings. 76 funds opened positions while 199 raised stakes. 333.87 million shares or 1.34% less from 338.41 million shares in
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shutterstock_589919459-300×183 All eyes are trained on Capitol Hill as the Senate heads towards a showdown vote on a legislation to keep the government open past midnight as a house bill to fund the government past midnight faces a block from the Democrats. If the Republicans lose this vote,
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This week, the startup added Audi Financial Services to the platform, bringing its total number of lenders to more than a dozen. “We strive to build a complete portfolio of lenders and dealers to give consumers the full spectrum of choice,” Vartanov said. “Our perspective is that we only need about 20 to 25
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Last year, Houston's office investment market saw $4 billion in assets trade hands in 2017, compared to $400 million in 2016 and $2 billion in 2015. HFF's Jimmy Hinton, managing director of the firm and head of its research efforts, said there are plenty of out-of-town buyers looking to invest in Houston
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