receives $2,500. Read more about our Outstanding Performance award winners here . Winner #1: Long idea on FRX ( Forest Laboratories ) by Buddy Lyons, published October 3, 2013. Return to date: +130% Winner #2: Short idea on FWM (Fairway
with unopposed mu opioid receptor agonists. Actavis acquired the rights to eluxadoline on the basis of subsidiary Forest Laboratories ' acquisition of Furiex Pharmaceuticals. Post your comment!
Following the recently completed acquisition of Forest Laboratories in July, we may slightly boost our fair value estimate for Actavis as management’s updated EPS outlook for 2014 and 2015 is
4.0 times pro forma EBITDA from an estimated 3.6 times at the end of 2013 in order to fund its purchase of Forest Laboratories FRX "> FRX . As such, we downgraded our credit rating for Actavis to BBB from BBB+. Mallinckrodt MNK "> MNK
is still beating the market overall. The fund's best-performing stock during the first quarter of 2014 was Forest Laboratories FRX, which was up 54% during the period following a $25 billion takeover bid from Actavis ACT. The stock was
driven largely by the integration of Warner Chilcott, and earnings have mostly tracked our forecast. Assuming the Forest Laboratories deal closes near the middle of this year, we still think Actavis will post more than $12.5 billion in revenue for
Investor interest in recent tax-advantaged deals has been undeniable. As we saw in Actavis’ acquisition of Forest Laboratories , both the acquirer’s and the acquisition target’s stocks rose after the deal announcement as investors
aligned with shareholders. At Forest Laboratories , for example, the new CEO put ..... Ireland. Likewise, Actavis and Forest Laboratories were up 17% and 39%, respectively ..... February it would acquire Forest Laboratories . The secular trends favoring
May 23 (Reuters) - Forest Laboratories Inc said on Thursday that Howard Solomon, who has led the biotech firm since 1977, will retire as chief executive officer at the end of this year and the...
when expanded out to 25 names) included Air Products & Chemicals APD, American Express AXP, Best Buy BBY, Forest Laboratories FRX, Freeport-McMoRan Copper & Gold FCX, Kohl's KSS, Mondelez International MDLZ, Morgan Stanley MS, Oracle