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May 30, 2013, 9:54 AMTeva (TEVA -0.1%) will pay 336M shekels ($91M) in taxes under an amendment to Israel's Law for the Encouragement of Capital Investments and could pay a further amount by November. The law allows a company to use tax-exempt profits earned before the end of 2011 to distribute dividends as long it pays certain reduced taxes. | 1 Comment
Feb. 7, 2013, 9:03 AMMore on Teva (TEVA -2.1%) Q4: net profit -37% to $320M as revenue falls 7.5%. U.S. sales -14% to $2.6B amid a sharp fall in Provigil (sleep disorder) due to generic competition. Copaxone global revenues +14% to $1.1B, but faces increasing competition. Expects to launch 23 generic drugs in 2013, as in 2012. Reiterates 2013 revenue forecast of $19.5-20.5B and adjusted EPS of $4.85-5.15. Declares dividend of 1.15 shekels (31 cents) a share, +15% from Q3. | 2 Comments
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