International Business News - BRL http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif 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. http://www.ibtimes.com/articles/20080721/sector-snap-wachovia-cuts-generic-drugmakers.htm Mon, 21 Jul 2008 15:16:51 EDT 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. So is it time to declare the energy bubble popped? Experts won't go that far just yet. http://www.ibtimes.com/articles/20080718/business-highlights.htm Fri, 18 Jul 2008 18:34:42 EDT 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 Teva Pharmaceutical Industries Ltd. http://www.ibtimes.com/articles/20080718/s-p-maintains-negative-credit-outlook-for-barr.htm Fri, 18 Jul 2008 15:10:56 EDT Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080718/citi-schlumberger-google-mattel-are-big-movers.htm Fri, 18 Jul 2008 16:40:35 EDT 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 generic drugmaker. http://www.ibtimes.com/articles/20080718/teva-to-buy-barr-pharma-for-more-than-7-billion.htm Fri, 18 Jul 2008 16:06:13 EDT 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 bank earnings reports. But the major indexes still ended the week with big gains, the result of rising optimism about the troubled financial sector. http://www.ibtimes.com/data/articleimgs/93527-wall-street.jpg http://www.ibtimes.com/articles/20080718/wall-street-heads-to-higher-open-on-mixed-earnings.htm http://www.ibtimes.com/articles/20080718/wall-street-heads-to-higher-open-on-mixed-earnings.htm Fri, 18 Jul 2008 17:34:45 EDT 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 between Barr and industry leader Teva Pharmaceutical Industries Ltd. The speculation also lifted shares of other generic drug makers. http://www.ibtimes.com/articles/20080717/sector-roundup-generic-drug-makers-chips.htm Thu, 17 Jul 2008 18:02:35 EDT 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 between Barr and industry leader Teva Pharmaceutical Industries Ltd., lifting shares of other generic drug makers. http://www.ibtimes.com/articles/20080717/sector-roundup-generic-drugs-investment-banks.htm Thu, 17 Jul 2008 14:28:08 EDT Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080717/jpmorgan-harley-ebay-starbucks-among-big-movers.htm Thu, 17 Jul 2008 16:55:16 EDT Shares of Barr Pharmaceuticals Inc. soared Thursday on reports of buyout talks between Barr and industry leader Teva Pharmaceutical Industries Ltd. The speculation also lifted shares of other generic drug makers. http://www.ibtimes.com/articles/20080717/sector-snap-teva-barr-talk-lifts-generics-makers.htm Thu, 17 Jul 2008 15:17:07 EDT Among the premarket stories for Thursday, July 17, from AP Financial News: NEW YORK (AP)--An analyst downgraded Starbucks Corp. on Thursday, saying the coffee retailer's turnaround will likely take longer than previously expected. http://www.ibtimes.com/articles/20080717/premarket-roundup-starbucks-barr-pharma-teva.htm Thu, 17 Jul 2008 10:02:45 EDT Shares of generic drug maker Barr Pharmaceuticals Inc. surged to a nearly two-year high on Thursday as media reports indicated the company is in talks to be bought out by Israeli rival Teva Pharmaceutical Industries Ltd. http://www.ibtimes.com/articles/20080717/ahead-of-the-bell-barr-climbs-on-buyout-reports.htm Thu, 17 Jul 2008 15:06:27 EDT The Generic Pharmaceutical Association spent $434,495 lobbying in the first quarter on issues affecting the drug industry, according to a recent disclosure report. http://www.ibtimes.com/articles/20080630/generic-drug-group-spent-434-495-lobbying-in-1q.htm Mon, 30 Jun 2008 08:38:02 EDT Generic drug maker Barr Pharmaceuticals Inc. spent nearly $1.7 million in the first quarter lobbying on legislation affecting the drug industry, according to a recent disclosure form. http://www.ibtimes.com/articles/20080627/barr-pharmaceuticals-spent-1-7m-lobbying-in-1q.htm Fri, 27 Jun 2008 16:05:51 EDT Among the stock activity stories for Friday, June 27, from AP Financial News: NEW YORK (AP)--Shares of Barr Pharmaceuticals Inc. rose Friday as a Delaware federal court invalidated several patents covering Boehringer Ingelheim Pharmaceuticals Inc.'s Mirapex, opening the door for a generic launch. http://www.ibtimes.com/articles/20080627/movers-roundup-barr-pharmaceuticals-palm.htm Fri, 27 Jun 2008 14:40:19 EDT Shares of Barr Pharmaceuticals Inc. rose Friday as a Delaware federal court invalidated several patents covering Boehringer Ingelheim Pharmaceuticals Inc.'s Mirapex, opening the door for a generic launch. http://www.ibtimes.com/articles/20080627/barr-shares-rise-on-mirapex-patent-case-victory.htm Fri, 27 Jun 2008 12:38:40 EDT Generic drug maker Barr Pharmaceuticals Inc. said late Thursday it won a patent challenge regarding Boehringer Ingelheim Pharmaceuticals Inc.'s drug Mirapex, increasing the possibility of a generic launch. http://www.ibtimes.com/articles/20080627/barr-scores-victory-in-patent-challenge-on-mirapex.htm Fri, 27 Jun 2008 10:54:45 EDT Shares of Barr Pharmaceuticals Inc. rose Tuesday after the generic drug company announced an agreement to sell two Bayer birth control pills years before the last patents expire on the products. http://www.ibtimes.com/articles/20080624/barr-shares-rise-on-bayer-birth-control-pills-deal.htm Tue, 24 Jun 2008 12:24:56 EDT Generic drug maker Barr Pharmaceuticals Inc. said Tuesday it signed an agreement with German pharmaceutical company Bayer AG to sell a generic version of the birth control pill Yasmin on or before July 1, several years before the last patent on the product expires. http://www.ibtimes.com/articles/20080624/barr-to-sell-generic-bayer-birth-control-pills.htm Tue, 24 Jun 2008 08:00:11 EDT Government regulators said Thursday they are preparing to allow highly addictive medications, including powerful painkillers, to be prescribed online, a goal long-sought by health insurers and large employers. http://www.ibtimes.com/articles/20080619/doctors-may-soon-prescribe-addictive-drugs-online.htm Thu, 19 Jun 2008 18:14:43 EDT