Latest Allergan PLC News

Breast implant recalled after link to more rare cancer cases

Jul. 24, 2019 6:13 PM EDT

WASHINGTON (AP) — Breast implant maker Allergan Inc. issued a worldwide recall Wednesday for certain textured models after regulators alerted the company to a heightened cancer risk with the devices. The U.S. Food and Drug Administration said it called for the removal after new information showed...

Asian stocks sink ahead of Trump-Xi meeting at G-20

Jun. 27, 2019 11:41 PM EDT

BEIJING (AP) — Asian stocks sank Friday as investors waited for a meeting between Presidents Donald Trump and Xi Jinping that they hope will produce a truce in spiraling U.S.-China trade tensions. Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney all fell. Crude prices declined. Investors are hoping for...

Markets Right Now: S&P 500 climbs after 4 days of losses

Jun. 27, 2019 4:15 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. The S&P 500 index broke a four-day losing streak thanks to gains in banks and health care companies, but a drop in Boeing pulled the Dow Jones Industrial Average slightly lower. Wells Fargo rose 1.1% Thursday and...

Asian shares mostly lower as investors look to G-20 meeting

Jun. 25, 2019 11:04 PM EDT

TOKYO (AP) — Asian shares were mostly lower Wednesday as investors awaited developments on the trade friction between the U.S. and China at the Group of 20 meeting of major economies in Japan later in the week. Japan's benchmark Nikkei 225 slipped 0.5% to 21,088.32 in early trading, while Australia's...

AbbVie, Lennar and FedEx fall while Bausch Health rises

Jun. 25, 2019 4:31 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday: AbbVie Inc., down $12.75 to $65.70 The pharmaceutical company is buying Botox maker Allergan in a cash-and-stock deal valued at around $63 billion. Bausch Health Companies Inc., up 62 cents to $24.38 The health care products...

Markets Right Now: Stocks drop on economic worries

Jun. 25, 2019 4:15 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing lower on Wall Street Tuesday with technology and communications stocks leading the declines. Reports showing a drop in consumer confidence and weakness in the housing market, plus some cautionary...

AbbVie makes $63B bid for Botox maker Allergan

Jun. 25, 2019 2:39 PM EDT

Facing competition for the world's top-selling drug, AbbVie is jumping on this year's pharmaceutical merger bandwagon with a $63 billion bid for Botox maker Allergan that's meant to spur future growth. Specialty drugmaker AbbVie said Tuesday that adding Allergan's aesthetics products and eye care and other...

AbbVie to buy rival pharmaceutical company Allergan in "transformative" deal valued at $63 billion

Jun. 25, 2019 7:05 AM EDT
NEW YORK (AP) — AbbVie to buy rival pharmaceutical company Allergan in "transformative" deal valued at $63 billion.

Asian shares gain, Shanghai up 2.6%, on Fed rate cut talk

Jun. 20, 2019 12:43 AM EDT

BANGKOK (AP) — Asian shares were higher on Thursday, with the Shanghai benchmark up 2.6%, after the Federal Reserve reaffirmed that it's prepared to cut interest rates if needed to shield the U.S. economy from trade conflicts or other threats. The Thursday tracked modest gains on Wall Street. The 10-year...

Adobe and Viacom rise while NCR and Rio Tinto fall

Jun. 19, 2019 4:35 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday: Adobe Systems Inc., up $14.43 to $291.21 The software maker's second quarter profit and revenue beat Wall Street forecasts. United States Steel Corp., up 59 cents to $15.17 The steel producer took action to offset lower prices...