US stocks open higher as Teva bids $40.1bn for Mylan
Israeli pharmaceuticals giant Teva
New York - AFP
US stocks opened higher Tuesday as Israeli pharmaceuticals giant Teva surprised the market with a $40.1 billion cash-and-stock bid for generic drug maker Mylan.
Five minutes into trading, the Dow Jones Industrial Average was up 57.29 points (0.32 percent) at 18,092.22.
The broad-based S&P 500 rose 7.30 (0.35 percent) to 2,107.70, while the tech-rich Nasdaq Composite Index leaped 26.57 (0.53 percent) to 5,021.18.
Teva's cash-and-stock bid would quash a bid by Mylan earlier this month to acquire Perrigo for $28.9 billion.
Mylan shares surged 8.8 percent to $74.00 and Teva gained 1.8 percent at $64.42, while Perrigo slipped 0.7 percent to $196.75.
GMT 19:47 2018 Saturday ,06 January
Global stocks extend rally; London hits record peakGMT 19:22 2018 Wednesday ,03 January
Worldwide stocks start year on a highGMT 10:37 2018 Wednesday ,03 January
Asian markets build on gains, dollar faces further weaknessGMT 17:30 2017 Sunday ,31 December
London stocks end year on record highGMT 18:04 2017 Thursday ,28 December
Miners boost stocks in thin holiday tradingGMT 18:51 2017 Monday ,25 December
Oman’s share index falls on lack of buying supportGMT 08:49 2017 Sunday ,24 December
'Virtual gold' may glitter, but mining it can be really dirtyGMT 17:45 2017 Saturday ,23 December
Madrid stocks sink on Catalan woes; London hits record
Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led hisGMT 09:22 2018 Monday ,22 January
Skincare PR Performance Full Year 2017GMT 11:03 2018 Wednesday ,24 January
New hunt for flight MH370 gets under wayGMT 10:57 2017 Thursday ,21 December
Modern colorful bedroom renovationGMT 13:56 2018 Tuesday ,23 January
Puigdemont candidate for Catalan presidentGMT 10:47 2018 Wednesday ,24 January
Turkey detains dozens more
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 10:18 2016 Wednesday ,23 March
cartoon eight
GMT 10:21 2016 Wednesday ,23 March
cartoon eleven
GMT 10:16 2016 Wednesday ,23 March
cartoon five
GMT 10:24 2016 Wednesday ,23 March
cartoon fifteen
GMT 10:19 2016 Wednesday ,23 March
cartoon nine
GMT 09:58 2016 Wednesday ,23 March
cartoon three
GMT 10:23 2016 Wednesday ,23 March
cartoon fourteen
GMT 10:17 2016 Wednesday ,23 March
cartoon six
GMT 10:22 2016 Wednesday ,23 March
cartoon thirteen
GMT 10:22 2016 Wednesday ,23 March
cartoon twelve
GMT 09:57 2016 Wednesday ,23 March
cartoon two
GMT 09:56 2016 Wednesday ,23 March
cartoon one
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 10:20 2016 Wednesday ,23 March
cartoon ten
GMT 05:41 2017 Monday ,16 October
Infograph one
GMT 09:45 2018 Friday ,19 January
Syria threatens to 'destroy' Turkish warplanes
GMT 15:23 2017 Wednesday ,10 May
UN: Up to 245 missing after 2 Mediterranean shipwrecks
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor