(BRIDGEWATER, N.J.)Alpharma Inc. on Tuesday adopted a shareholders rights plan to head off a hostile takeover bid by King Pharmaceuticals. A shareholder rights plan, commonly known as a "poison pill,...READ MORE
(NEW YORK)Moody's Investors Service affirmed its ratings for King Pharmaceuticals Inc. Monday in the wake of the drugmaker's disclosure it made a $1.4 billion offer for Alpharma Inc., which ...READ MORE
Bernanke: Financial crisis taking toll on economy JACKSON, Wyo. (AP)--Federal Reserve Chairman Ben Bernanke said Friday the financial crisis that has pounded the country--coupled w...READ MORE
(NEW YORK)Wall Street capped a volatile week with sharp gains Friday as oil prices tumbled and after Federal Reserve Chairman Ben Bernanke said inflation pressures are likely to moderate. Th...READ MORE
(NEW YORK)Shares of Alpharma Inc. surged Friday, as investors wagered the stock is worth more than the $33 per share buyout price offered by King Pharmaceuticals Inc. in its $1.4 billion cas...READ MORE