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BUSINESS BRIEFS.(TO THE POINT)
MEDICAL
Caremark picks up AdvancePCS
Late Tuesday, the pharmacy benefit manager said it'd buy its rival for $5 bil, valuing AdvancePCS at $54.61 a share. Caremark will swap the equivalent of 2.15 shares per Advance share. 90% will be in stock, 10% in cash. Advance, which has mostly managed care clients, rose 19% to a new high of 47.45. Caremark, which focuses on employers, fell 8% to 23.30.
Lilly falls on duloxetine concerns
The FDA wants the drug maker to complete more studies and fix manufacturing problems related to duloxetine before it will approve the urinary incontinence drug. Eli Lilly said the FDA's concerns may affect plans to launch another form of the same chemical compound for depression. Lilly wilted 7% to 62.11.
Cigna, doctors reach settlement
As expected, the HMO reached a proposed settlement worth over $500 mil in a class-action suit filed by doctors alleging Cigna and other HMOs shortchanged them on payments for their services. Cigna's payout will be $135 mil and an expected $170 mil for reimbursement on claims up to 12 years old, sources ...
- GT stock scores record low as earnings get show down. (GT Interactive Software...
- Magazine article from: Crain's New York Business Temes, Judy December 9, 1996 700+ words
...acquisitions may be crimped GT Interactive Software Corp. suffered more of...Alton says. IN FOCUS GT Interactive Software Manhattan FRIDAY CLOSE...1995 sales: $204.0 mil. 1994 sales: $85.2 mil. 1995 earnings/share...
- Take-Two Interactive Software, Inc. Reports Fourth Quarter and Fiscal 2004...
- Press release article from: Business Wire December 16, 2004 700+ words
NEW YORK -- Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today announced financial results for its fourth quarter and fiscal...fiscal 2005, beginning with Midnight Club 3: DUB Edition, the third installment in the multi-mil
- Take-Two Interactive Software.(Brief Article)
- Newspaper article from: Bank Loan Report February 14, 2000 700+ words
LOCATION: New York, N.Y. PACKAGE AMOUNT: $75 mil. ADMINISTRATIVE AGENT: BankAmerica BOOK MANAGER: BankAmerica OTHER...FEE: 50 bps BUSINESS: Develops, designs, publishes and markets interactive software games RATING: NR
- Interactive Software Systems Incorporates UDMS Into Safari Product Line
- Press release article from: PR Newswire December 10, 1997 700+ words
...DENVER, Dec. 10 /PRNewswire/ -- Interactive Software Systems, Inc., today announced...and security. Earlier this year, Interactive Software introduced Safari InfoTOOLS(TM...enterprise. As a part of this effort, Interactive Software brings its existing products, including...
- Red Storm Entertainment Selects Take 2 Interactive Software Inc. as European...
- Press release article from: Business Wire July 6, 1998 700+ words
...distributor agreement with Take 2 Interactive Software Europe Ltd., a leading European...effective immediately, makes Take 2 Interactive Software Europe the exclusive distributor...world's leading retailers, Take 2 Interactive Software Europe is the best company to help...
- Achtung! Interactive Software Opens Office in Hanover, Germany
- Press release article from: PR Newswire August 26, 1997 700+ words
...expansion in European markets, Interactive Software Systems, Inc. today announced...office represents an element of Interactive Software's continuing efforts to expand...throughout Europe, the growth of Interactive Software's European operation has been...
- Revenues From Interactive Software's European Division Quadruple
- Press release article from: PR Newswire July 30, 1997 700+ words
...on a successful first quarter, Interactive Software Systems, Inc. today announced...Based in Utrecht, The Netherlands, Interactive Software's European headquarters were opened...capabilities," concluded Mr. de Wit. Interactive Software develops and markets information...
- Shareholders alert for Take-Two Interactive Software Inc.
- Press release article from: M2 Presswire June 12, 2007 700+ words
...Shareholders alert for Take-Two Interactive Software Inc(C)1994-2007 M2 COMMUNICATIONS...Shareholders alert for Take-Two Interactive Software Inc (NASDAQ:TTWO) Take-Two Interactive Software, Inc. engages in the development...
