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And Valeant Pharmaceuticals teaming up for allergan. Well explain. Novartis unveiling a Restructuring Plan amid a flurry of deals involving glaxo and lily totalling 28. 5 billion. Netflix says it will raise prices for subscribers as the jump in earnings pushes the shares in premarket and slew of dow components reporting, mcdonalds, United Technologies, we have it covered. Shares of allergan are surging as we said bill ackman backing pharmaceutical bid to acquire the maker of botox, valeant offering 38. 40 a share in cash. Since february, Ackmans Pershing Square amassed a 9. 7 stake in allergan, but all the discussion guys, today, is about the role of the activist investorer. The times calls it the boldest move yet from an activist. Absolut ....
Blasted constantly by that get out now contingent continued. Dow climbing 65 points, s p gaining 4. 1 , nasdaq vaulting a full 4 . Despite this marks relentless assault, there have been whole sectors falling by the wayside, barely involved in the remarkable rally, including much of highgrowth tech,s well as the retailers, airlines, and worst of all, the bioteching. Whoa. These left for dead sectors burst back into the plus column today. Bolstered at last by true leaders, generals that took up the man tell. As theyve suffered that i beatdown. Perhaps most important these leaders demonstrated the hedge funds who had been shorting these stocks endlessly may have overstayed that i welcome. Yes, these groups that have been behaving lie virtual annuities have finally become hazardous to the short sellers health. They need to be covered. Who are these new leaders . Lets start with the most obvious battlefield promotion today. Netflix. Heres a stock that peaked in march. Since then its had a m ....