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Today's News
Actavis says court blocks generic Pulmicort
19 hours ago
Actavis Inc. said Friday a federal appeals court granted an injection that blocks it from selling a generic version of AstraZeneca PLC's asthma treatment Pulmicort Respules. Actavis launched its generic on April 1, after a U.S. District Court in New Jersey found that its version of the drug did not infringe on a patent held by London-based AstraZeneca. The next day, the court issued a temporary restraining order that stopped Actavis from selling the generic until AstraZeneca had a chance to seek relief in federal court.
Sears, Abercrombie, P&G are big movers
19 hours ago
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Procter & Gamble Co., up $3.18 at $81.88 The maker of Tide detergent and Crest toothpaste said that it is bringing back its former CEO A.G. Lafley to replace Bob McDonald. Abercrombie & Fitch Co., down $4.35 at $50.02
AP Top Extended Financial Headlines At 4:49 p.m. EDT
18 hours ago
Americans plan summer vacations, but with incomes stagnant some families keep trips modest Stocks trade flat; market ends week lower for the first time since April US orders for durable goods rise 3.3 percent in April, helped by gain in business investment
AP Top Financial News At 4:49 p.m. EDT
18 hours ago
Summer travel forecast: Better, but no blowout Stocks barely budge; market ends week with loss US durable goods orders rise 3.3 percent in April
