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AGN

Allergan Inc.

6/18/2013, 9:42 PM ET

Quote & Headlines Market Currents StockTalk

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| Earnings
| Dividends
| M&A
| On the move

Friday, May 10, 8:54 AM BMO initiates Allergan (AGN) at Outperform, following a 9.3% drop in share price over the past month. "We believe that after investors digest the recent disappointing pipeline news, sentiment will shift to Allergan's core franchises, many of which have competitive advantages. With a combination of growing core products, continued SG&A leverage, and limited patent expiry exposure, Allergan is in a good position to meet or beat EPS expectations and continue to grow EPS in the 12%-15% range per year for the next several years." Comment! [Quick Ideas, Healthcare]
Thursday, May 2, 2:52 PM Allergan, Inc. (AGN) declares $0.05/share quarterly dividend, in line with previous. Forward yield 0.20%. For shareholders of record May 23. Payable June 13. Ex-div date May 21. (PR) Comment! [Dividends]
Wednesday, May 1, 12:50 PM Midday top 10 gainers: IQNT +60%. BCOV +31%. CNIT +28%. MNOV +21%. MSPD +19%. SONS +15%. TRLA +15%. RATE +15%. REGN +14%. SGI +14%.
Midday top 10 losers: ACCL -21%. RBC -20%. ESBF -17%. LEDS -16%. KFRC -15%. AGN -14%. CRAY -13%. ASTX -13%. XXIA -13%. UTI -12%. Comment! [On the Move]
Wednesday, May 1, 11:23 AM Allergan (AGN -9.4%) dives as management - on today's earnings call - has less than great progress to report on a couple of drugs in development. Regeneron (REGN +12.4%) spikes higher. 1 Comment [Healthcare, Breaking News, On the Move]
Wednesday, May 1, 9:23 AM More on Allergan's (AGN) Q1: Modest beats on the top and bottom line as product sales in specialty pharmaceuticals and medical devices increase 8.1% and 10.2% respectively. The company says it sees total product sales of $5.98-6.2B for FY13 and $1.5-1.575B for Q2 (consensus is towards the high end of both ranges at $6.16B for the full year and $1.57B for Q2). Non-GAAP EPS should come in at $4.70-4.76 for FY13 and $1.18-1.20 for Q2 against analysts' estimates of $4.76 and $1.22. Shares -3% premarket. (PR) Comment! [Healthcare, Earnings, On the Move]
Wednesday, May 1, 9:04 AM Allergan (AGN): Q1 EPS of $0.98 beats by $0.01. Revenue of $1.46B beats by $0.02B. (PR) Comment! [Earnings, Breaking News, Healthcare]
Wednesday, May 1, 12:05 AM Notable earnings before Wednesday’ s open: AB, ADT, AFAM, AFSI, AGN, AH, AMT, ARW, AVA, CCJ, CHK, CLH, CLX, CMCSA, CVH, CVS, DLPH, DVN, ENR, EXAS, EXC,GRMN, GWR, H, HSP, HUM, ICE, IPGP, IQNT, IRM, JRCC, KCG, KFN, MA, MKL, MRK, NVO, PDCE, PKD, POR, PSX, RDC, RDN, SEE, SPW, TLM, TWX, VG, VIAB, VPHM Comment! [Earnings]
Tuesday, April 30, 5:30 PM Notable earnings before Wednesday’ s open: AB, ADT, AFAM, AFSI, AGN, AH, AMT, ARW, AVA, CCJ, CHK, CLH, CLX, CMCSA, CVH, CVS, DLPH, DVN, ENR, EXAS, EXC,GRMN, GWR, H, HSP, HUM, ICE, IPGP, IQNT, IRM, JRCC, KCG, KFN, MA, MKL, MRK, NVO, PDCE, PKD, POR, PSX, RDC, RDN, SEE, SPW, TLM, TWX, VG, VIAB, VPHM Comment! [Earnings]
Friday, March 1, 3:18 PM Allergan (AGN +0.2%) shares tick higher after reporting the expiration of its tender offer to purchase all of the outstanding common shares of MAP Pharmaceuticals (MAPP) for $25 per share. The tender offer acquired about 75.1% of all outstanding shares, satisfying a majority. In order to complete a short-form merger, AGN says it will exercise a top-up option in which it will purchase newly issued shares in order to own one share more than 90% of shares outstanding. Separately, Wedbush cuts the shares to Neutral on the news. Comment! [Healthcare, M&A]
Wednesday, February 6, 2:23 PM Allergan (AGN +0.6%) moves up a bit today after JMP Securities ups the shares to Buy on the back of its Q4 results, and Stifel Nicolaus reiterated its Buy rating and raised its price target from $110 to $118. Stifel notes that 2013 guidance was actually robust, and strength can be seen in all its business lines, namely Botox with iOAB launch. Read more on AGN's earnings call here: Earnings Call Transcript. Comment! [Healthcare, Earnings]
Wednesday, February 6, 8:14 AM Allergan, Inc. (AGN) declares $0.05/share quarterly dividend, in line with previous. Forward yield 0.19%. For shareholders of record Feb. 28. Payable Mar. 21. Ex-div date Feb. 26. (PR) Comment! [Dividends]
Tuesday, February 5, 9:28 AM Allergan (AGN): Q4 EPS of $1.15 misses by $0.03. Revenue of $1.51B (+7.6% Y/Y) in line. (PR) Comment! [Earnings, Healthcare]
Tuesday, February 5, 12:05 AM Notable earnings before Tuesday’s open: ACI, ACM, ADM, ADP, AGCO, AGN, ALLT, ARMH, ATK, BDX, BP, CAH, CHD, CSC, DLPH, DO, EL, EMR, ETN, K, MMP, NGPC, NRGY, NYX, OHI, SE, SEP, SIRI, TE, TM, UBS, UDR, VSH Comment! [Earnings]
Monday, February 4, 5:30 PM Notable earnings before Tuesday’s open: ACI, ACM, ADM, ADP, AGCO, AGN, ALLT, ARMH, ATK, BDX, BP, CAH, CHD, CSC, DLPH, DO, EL, EMR, ETN, K, MMP, NGPC, NRGY, NYX, OHI, SE, SEP, SIRI, TE, TM, UBS, UDR, VSH Comment! [Earnings]
Tuesday, January 22, 10:45 PM Allergan (AGN) agrees to acquire MAP Pharmaceuticals (MAPP) for $958M ($25/share) in cash, a 60% premium over MAP's Tuesday close. MAP's experimental migraine drug Levadex is set to receive a regulatory decision by April 15; Botox maker Allergan (which already had rights to help market Levadex) is showing confidence in an OK by taking total control. 1 Comment [Healthcare, M&A]
Sunday, November 18, 2012, 3:49 AM Allergan (AGN) has agreed to acquire the topical aesthetics skin-care business of closely held SkinMedica for an initial $350M and $25M in milestone payments. The deal doesn't include SkinMedica's Colorescience make-up line. (PR) Comment! [M&A, Healthcare]