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Allergan plc News

Glaxo Rises as Elliott Takes Hefty Stake in Drugmaker

The size of Elliott's stake in Glaxo wasn't disclosed. Elliott is headed by iconic investor Paul Singer. Glaxo's shares rose.

AbbVie Reportedly Plans to Sell $5 Billion Women's Drugs Unit

AbbVie is in talks to sell its women's drug business, which makes the Lo Loestrin Fe birth control pill, in an auction, according to Reuters.

Amazon Is Clearly What Hedge Funds Are Betting On These Days

Amazon is perhaps the ultimate all-weather company, and hedge funds have poured into the stock.

AbbVie Is a Buy as Allergan Deal Closes - A Look at the Charts

AbbVie is rallying now that the company has closed its mega-deal with Allergan. The stock is looking to possibly test 2020 highs.

Stock Market Today With Jim Cramer: Oil Prices Go Negative

Jim Cramer discusses the stock market today including the collapse of the oil market, the cannabis stock sector and AbbVie potentially trending up.

Breaking News

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Summers, Others Cite Growing Chance of Recession

GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.