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Martin Shkreli: Mallinckrodt Will Be Punished
Wednesday, January 18, 2017 - 5:23pm | 364Following a report exposing Martin Shkreli as a whistleblower against Mallinckrodt PLC (NYSE: MNK), Shkreli told Benzinga that the Federal Trade Commission's new lawsuit is just. “Questcor [Mallinckrodt subsidiary] stopped me from competing with their very high-priced drug which made...
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Andrew Left Talked Mallinckrodt And Evergrande On Bloomberg This Morning
Wednesday, April 6, 2016 - 2:43pm | 632Andrew Left, activist short seller and author/editor for Citron Research, recently concluded a hearing in China regarding his coverage of Evergrande, a Chinese property developer. Evergrande trades OTC (OTC: EGRNF) and on the Hong Kong exchange (HKG: 3333), and has seen some significant market...
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EXCLUSIVE: Mallinckrodt Continues To Cooperate With Questcor-Related Government Investigations
Wednesday, March 16, 2016 - 12:52pm | 400In a Wednesday update to an earlier report, Probes Reporter dug into the potential impact of the ongoing multi-agency investigation of Mallinckrodt PLC (NYSE: MNK)’s Questcor Pharmaceuticals. The potential impact of the investigations is at the forefront of investors’ minds following...
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Northland Starts Jazz Pharma, Mallinckrodt, Shire With Outperform Ratings
Wednesday, October 14, 2015 - 9:36am | 531David Buck of Northland Capital Markets initiated coverage of Jazz Pharmaceuticals plc (NASDAQ: JAZZ), Mallinckrodt PLC (NYSE: MNK), and Shire PLC (ADR) (NASDAQ: SHPG) with Outperform ratings. Buck is positive on the long-term revenue prospect of the three names. Buck noted all three...
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There's A Reason Mallinckrodt Continues To Disclose A Protracted, Multi-Agency Probe Of Recently-Acquired Questcor Pharmaceuticals
Tuesday, June 2, 2015 - 10:48am | 828Protracted SEC Investigation of Questcor Could Haunt Mallinckrodt Investors Facts of Interest or Concern: In Aug-2014, Mallinckrodt PLC (NYSE: MNK) completed its acquisition of Questcor Pharmaceuticals In a letter dated 23-Apr-2015, the SEC confirmed Questcor's involvement in on-going...
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Market Wrap For March 14: Ukraine Tension Drag Markets Lower
Friday, March 14, 2014 - 5:17pm | 2348U.S. stocks declined as concerns escalated over Ukraine, two days before its citizens will vote in a referendum to split from Ukraine and become part of Russia. Russian President Vladimir Putin is gearing up to “invade eastern Ukraine” as a six hour talk between U.S. Secretary of State John...
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Market Wrap For February 27: Yellen Talks Pushes Markets Higher
Thursday, February 27, 2014 - 5:47pm | 2887U.S. stocks rose after Federal Reserve boss Janet Yellen appeared in the hot-seat today speaking to the Committee on Financial Services and U.S. House of Representatives. Yellen said that it is too soon to determine the extent of which cold weather played a role in a recent batch of poor economic...
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Market Wrap For January 17: Stocks Finish Week With Mixed Results
Friday, January 17, 2014 - 5:40pm | 2758Stocks traded mostly lower today as investors digested a new set of earnings that were disappointing. A mixed housing data and a consumer sentiment coming in lower than expected was enough to tame the bulls as major indices finished the day mixed. Markets will be closed on Monday for Martin...
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Market Wrap For November 4: Economy Is Steady, Tapering Could Be Around The Corner
Wednesday, December 4, 2013 - 6:16pm | 2104Stock futures declined before the equity markets opened after the ADP employment report showed a higher than expected 215,000 jobs were added during the month of November. Investors and traders were spooked by the report that solidifies the Fed's case to begin tapering. Traders and investors...
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Market Wrap For November 25: Nasdaq Breaks 4,000 Level For First Time Since 2000
Monday, November 25, 2013 - 5:57pm | 1904The Nasdaq index traded above 4,000 for the first time since 2000. The other major indices were flat for the day as markets couldn't hold on to early gains that were boosted by an international accord with Iran. Economic news was rather light and there were no comments from a Fed chairperson that...
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Questcor Presenting Attractive Entry Point For Investors
Tuesday, September 7, 2010 - 9:31am | 72Questcor Pharmaceuticals (NASDAQ: QCOR) is believed by Oppenheimer that its Medicaid reserve for rebates is adequate to cover requests from the states, including managed care Medicaid. Recent weakness in QCOR shares is attributed to the departure of its CMO and is presenting an attractive entry...
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Questcor Still A Buy Despite Medicaid Rebates
Tuesday, September 7, 2010 - 7:55am | 95Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR) is believed to have a Medicaid reserve that will be sufficient for rebates from the states, and because of this position, the company is believed by Oppenheimer to be in good standing for investors. Oppenheimer also believes that QCOR's methodology for...