Market Currents

• Wednesday, November 4, 2009

• 07:39 AM Watson Pharmaceuticals (WPI): Q3 EPS of $0.66 beats by $0.01. Revenue of $662M (+3.3%) vs. $688M. (PR) Comment!

• Wednesday, July 29, 2009

• 09:19 AM Watson Pharmaceuticals (WPI): Q2 EPS of $0.61 beats by $0.04. Revenue of $678M (+9%) vs. $664M. Raises guidance for FY '09, sees EPS of $2.50-2.58 vs. $2.45 consensus. Shares -3.3% premarket. (PR) 1 Comment
• 00:05 AM Notable earnings before Wednesday's open: AMT, ARW, BPO, BWA, CCE, COP, EQT, GD, HES, HL, HSP, IACI, JNY, MCO, MDCO, MHS, MT, MWV, NYB, PAG, PX, Q, RCL, S, SAP, SEE, SLAB, SMG, SO, SPIL, TEL, TLM, TWC, TWX, UMC, VPHM, WLP, WPI, WYN Comment!

• Monday, July 13, 2009

• 08:46 AM Jurors resume deliberations today in a $170M lawsuit against Watson Pharmaceuticals (WPI) by the state of Alabama, after being overheard yelling among themselves and asking whether they could rule against both plaintiff and defendant. 2 Comments

• Wednesday, June 17, 2009

• 08:29 AM Watson Pharmaceuticals (WPI) to acquire privately-held Arrow Group for $1.75B in cash and stock. Watson describes Arrow as one of the fastest-growing generic pharma firms in the world. At $647M sales in 2008, Arrow's sales have grown a compound 67%/year since 2001. WPI -4.6% premarket. Comment!

• Thursday, April 30, 2009

• 08:05 AM Watson Pharmaceuticals (WPI): Q1 EPS of $0.58 beats by $0.09. Revenue of $667M (+6.5%) vs. $638M. Shares +6.0% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: APA, ASH, AZN, BC, BWA, CAH, CELG, CI, CINF, CL, CLI, CMCSA, CMS, COCO, COV, CTL, D, DLR, DOW, EK, ENTG, EQT, ERIC, EXPE, FAF, GTI, HOT, HP, IP, IRM, K, KBR, KIM, KSU, LKQX, LNT, MRO, MOT, MYL, NBL, NEM, NRG, NWL, NYX, OC, OCR, OMX, OSK, PDE, PEI, PG, PTEN, RGC, RYN, SEPR, SPR, SWY, TRV, TSM, TYC, VIA.B, WMB, WPI, XEL, XOM Comment!

• Thursday, February 19, 2009

• 07:14 AM Watson Pharmaceuticals (WPI): Q4 EPS of $0.53 beats by $0.03. Revenue of $645M (+2.9%) vs. $634M. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: APA, CTL, CVS, DSX, EXPE, GG, GLBL, GNA, MGM, NBL, NEM, PDCO, PDE, RGC, RS, S, WMB, WPI, XTO Comment!

• Wednesday, October 29, 2008

• 07:46 AM Watson Pharmaceuticals (WPI): Q3 EPS of $0.47 beats by $0.01. Revenue of $641M (+7.7%) vs. $630M. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: AET, AG, AGN, ALO, ANR, BPO, BWA, CINF, CMCSA, GLW, GRMN, GW, HERO, HES, IMA, IVZ, JNY, K, KEM, KFT, LAZ, LM, MCO, MGM, MWV, NBL, NEM, NXY, NYB, OC, ODP, PG, PX, Q, SEE, SHPGY, SLAB, SNE, SPR, SPW, SU, TSO, VPHM, WEC, WPI Comment!