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1 HOUR AGO - TheStreet

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Covidien Rises After Medtronic Maintains Merger Date Language

NEW YORK (TheStreet) -- Shares of Covidien are rising in early trading after Medtronic , in its latest regulatory filing answering questions for shareholders regarding its proposed takeover of the Irish drugmaker, left its language regarding the expected closing date unchanged. WHAT'S NEW: In its most recent filing, Medtronic again stated, "As of the date of this joint proxy statement/prospectus, ...

Tags: Covidien Rises After Medtronic Maintains Merger Date Language,  Abbvie Latest News

1 HOUR AGO - TheStreet

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Stock Market Today: Coca-Cola, McDonald’s Add to Dow's Earnings Troubles

NEW YORK (TheStreet) -- U.S. stocks were rising steadily on Tuesday after Chinese gross domestic product for the July-September quarter rose 7.3%, exceeding consensus forecasts, while corporate earnings in the U.S. continued to reflect stronger consumer spending but some troubling signs for bellwethers of the Dow Jones Industrial Average. Apple reported its strongest sales growth in nearly two years on ...

Tags: Stock Market Today: Coca-Cola, McDonald’s Add to Dow's Earnings Troubles,  Abbvie Latest News

1 HOUR AGO - DealBook

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After Tax Inversion Rules Change, AbbVie and Shire Agree to Terminate Their Deal

AbbVie will now pay Shire a $1.635 billion break-up fee -- just weeks after the Treasury Department announced new rules taking aim at inversion deals.

Tags: After Tax Inversion Rules Change, AbbVie and Shire Agree to Terminate Their Deal,  Abbvie Latest News

2 HOURS AGO - TheStreet

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Stock Market Today: Futures Rally on China GDP, Coca-Cola Shifts Outlook

NEW YORK (TheStreet) -- U.S. stock futures were rising steadilyaon Tuesdayaafter Chinese gross domestic product for the July-September quarter rose 7.3%, exceeding consensus forecasts. Apple's strongest quarter for sales growth in nearly two years, announced after the market closed on Monday, helped bolster U.S. stocks ahead of a heavy day for corporate earnings. European Union unemployment figures and U.S. housing ...

Tags: Stock Market Today: Futures Rally on China GDP, Coca-Cola Shifts Outlook,  Abbvie Latest News

3 HOURS AGO - DealBook

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Morning Agenda: IBM’s Ugly Truth

The truth hidden behind IBM's buybacks. | Private equity firms look to attract smaller investors. | Regulator warns on banks' bad behavior. | AbbVie and Shire agree to terminate their deal.

Tags: Morning Agenda: IBM’s Ugly Truth,  Abbvie Latest News