Guggenheim Sidelined on Mylan (MYL) Until More Clarity on M&A Strategy, FY18 Expectations is Offered
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RBC Capital Cuts Price Target on Mylan (MYL) Ahead of PRGO Acquisition Tender deadline
November 2, 2015 9:39 AM ESTRBC Capital maintained a Sector Perform rating on Mylan (NASDAQ: MYL), and cut the price target to $60.00 (from $64.00), as focus is now squarely on the 11/13 tender deadline in MYL's attempt to acquire PRGO. Lingering questions continue to surround the company.
Analyst Randall Stanicky... More
Mylan (MYL) Tops Q3 EPS by 5c; Sees FY15 EPS at High End of Outlook
October 30, 2015 7:02 AM EDTMylan (NASDAQ: MYL) reported Q3 EPS of $1.43, $0.05 better than the analyst estimate of $1.38. Revenue for the quarter came in at $2.71 billion versus the consensus estimate of $2.79 billion.
Mylan CEO Heather Bresch commented, "Our outstanding third quarter results underscore the diversity of Mylan's platform... More
Mylan (MYL) Announces U.S. Court Denial of Perrigo's (PRFO) Preliminary Injunction Request
October 30, 2015 6:46 AM EDTMylan (NASDAQ: MYL) announced that the U.S. District Court for the Southern District of New York has denied the motion by Perrigo Company plc (NYSE: PRGO) for a preliminary injunction concerning Mylan's proposed acquisition of Perrigo, ruling that Mylan had provided adequate public disclosures regarding the synergies expected to be achieved from the combination.
The... More
