(WASHINGTON)Investment bank Wachovia downgraded four of the largest generic drug companies Monday, indicating it expects them to perform about as well as the overall market.READ MORE
Oil prices tumble in biggest weekly drop ever NEW YORK (AP)--The price of oil recorded its biggest weekly drop ever, and a gallon of gas finally pulled back from its record high. S...READ MORE
(NEW YORK)Wall Street closed out an impressive week with a mixed performance Friday after disappointing high-tech earnings punctured some of investors' enthusiasm over better-than-expected b...READ MORE
(TRENTON, N.J.)Teva Pharmaceutical said Friday it will buy rival generic drugmaker Barr Pharmaceuticals for nearly $7.5 billion in a move that will boost Teva's dominance as the world's biggest g...READ MORE
(NEW YORK)Standard & Poor's Ratings Services reaffirmed its negative outlook for Barr Pharmaceuticals Inc.'s corporate credit rating, citing the proposed sale of the drug developer to rival ...READ MORE
Among the sector activity stories for Thursday, July 17, from AP Financial News: NEW YORK (AP)--Shares of Barr Pharmaceuticals Inc. soared Thursday on reports of buyout talks betwe...READ MORE