Conference Call Schedules, Disclosures, Partnerships, and Acquisitions - Analyst Notes on Pfizer, Covidien, UnitedHealth Group, Alexion and Abbott
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NEW YORK, June 27, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Pfizer Inc. (NYSE: PFE), Covidien plc (NYSE: COV), UnitedHealth Group Inc. (NYSE: UNH), Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) and Abbott Laboratories (NYSE: ABT). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4194-100free.
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Pfizer Inc. Analyst Notes
On June 24, 2014, Pfizer Inc. (Pfizer) reported that it will host a live webcast of its conference call with investment analysts on July 29, 2014, at 10:00 a.m. EDT, to provide an update on the Company's results, following the release of its Q2 2014 performance report on the same day. Pfizer stated that the live webcast of the call will be available at its website in the "For Investors" section. The full analyst notes on Pfizer are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/PFE/report.pdf
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Covidien plc Analyst Notes
On June 24, 2014, Covidien plc (Covidien) announced that in accordance with Rule 2.10 of the Irish Takeover Rules, it confirmed that at the close of business on June 23, 2014, its issued share capital, excluding treasury shares, consisted of 451,486,007 ordinary shares, par value $0.20 per share, and added that there were 1,727,873 outstanding restricted share units and 13,674,222 options to purchase ordinary shares granted by the Company. Covidien informed that upon vesting, the holder of each restricted share unit will receive one ordinary share, and the holder of each share option will be able to purchase one ordinary share at the applicable exercise price. The Company confirmed that at the close of business on June 23, 2014, there were outstanding performance share units that entitle holders to receive up to a maximum of 2,194,764 ordinary shares upon vesting, assuming satisfaction of the applicable performance criteria at maximum performance. The full analyst notes on Covidien are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/COV/report.pdf
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UnitedHealth Group Inc. Analyst Notes
On June 24, 2014, UnitedHealth Group Inc. (UnitedHealth Group) announced that its President and CEO, Stephen J. Hemsley, will host a teleconference on Thursday, July 17, 2014, at 8:45 a.m. EDT to discuss the Company's Q2 2014 results, which will be released before the market opens on that day. The Company stated that the call will be webcast live on its website via the Investors page. The replay of the webcast will be available after the live call on the same website until July 31, 2014. The full analyst notes on UnitedHealth Group are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/UNH/report.pdf
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Alexion Pharmaceuticals, Inc. Analyst Notes
On June 23, 2014, Alexion Pharmaceuticals, Inc. (Alexion) announced collaboration with Cincinnati Children's Hospital Medical Center and established Alexion Rare Disease Innovation Fund for the advancement of research in rare diseases. According to the Company, this collaboration will leverage the collective expertise of both parties. Martin Mackay, Ph.D., Executive Vice President and Global Head of Research and Development, Alexion said, "Collaborations between industry and academia are important to drive innovation for patients suffering from rare diseases and we look forward to working with Cincinnati Children's to advance our research programs, which are focused on developing life-transforming therapies for patients with devastating disorders." The Company added that under the agreement, Alexion will have the opportunity to fund selected research programs through the Alexion Rare Disease Innovation Fund, and following their completion, it will have an exclusive option to enter into a licensing agreement for these programs. The full analyst notes on Alexion are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/ALXN/report.pdf
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Abbott Laboratories Analyst Notes
On June 23, 2014, Abbott Laboratories (Abbott) announced a definitive agreement for acquisition of Veropharm by acquiring Limited Liability Company Garden Hills, the holding company that currently owns a controlling interest in Veropharm, for between $395 million to $495 million, depending on Garden Hills' share ownership of Veropharm at the time of close. Abbott stated that Garden Hills currently owns over 80% of Veropharm but is expected to own up to 95% by the time the transaction closes. The Company added that under to the agreement, Abbott will also assume net debt of approximately $136 million. According to the Company, this acquisition will give Abbott a portfolio of medicines that is well suited with its current pharmaceutical therapeutic areas of focus in women's health, central nervous system, cardiovascular, gastroenterology, along with an offering in the field of oncology. Abbott expects the transaction to close in Q4 2014. The full analyst notes on Abbott are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/ABT/report.pdf
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