Transatlantic dealmaking sends European shares back to four-year peak

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SVB Leerink Downgrades The Medicines Company (MDCO) to Market Perform

November 25, 2019 8:10 PM EST

SVB Leerink analyst Joseph Schwartz downgraded The Medicines Company (NASDAQ: MDCO) from Outperform to Market Perform with a price target of $85.00 (from $78.00).

For an analyst ratings summary and ratings history on The Medicines Company... More

Tiffany & Co. (TIF) Acquired by LVMH for $135/SH in Cash for Deal Value of Approx. $16.2B

November 25, 2019 5:57 AM EST

LVMH Moët Hennessy Louis Vuitton SE and Tiffany & Co. (NYSE: TIF) announced that the companies have entered into a definitive agreement whereby LVMH will acquire Tiffany for $135 per share in cash, in a transaction with an equity value of approximately 14.7 billion or $16.2 billion.

For more than 180 years, Tiffany has been synonymous with elegance, innovative design, fine craftsmanship and creative excellence. Since 1886, when it established the eponymous diamond ring as an enduring symbol of commitment, Tiffany has stood for love. Its extraordinary diamonds are cherished for generations and its legendary... More