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Teva to buy U.S. drug developer Auspex Pharma for $3.5 billion

2015-03-30 18:34:10| Biotech - Topix.net

Israel's Teva Pharmaceutical Industries said it would buy U.S. neurology drug company Auspex Pharmaceuticals Inc for an equity value of $3.5 billion to boost its portfolio of treatments for the central nervous system. Teva, the world's largest maker of generic drugs, will offer $101 per share in cash, representing a premium of 42.4 percent to Auspex's Friday closing price, the companies said on Monday.

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Signed contracts to buy US homes climb to 20-month high

2015-03-30 16:39:12| Real Estate - Topix.net

More Americans signed contracts to buy homes in February, evidence that the spring buying season could open strong after sluggish sales for much of the winter. The National Association of Realtors said Monday that its seasonally adjusted pending home sales index climbed 3.1 percent to 106.9 last month, the highest reading since June 2013.

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UnitedHealth to buy pharmacy benefits manager Catamaran

2015-03-30 14:20:56| Beverages - Topix.net

The nation's largest health insurer, UnitedHealth, will muscle up in its fight against rising specialty drug costs by spending more than $12 billion to buy pharmacy benefits manager Catamaran Corp. Pharmacy benefits managers, or PBMs, help negotiate the prices that customers pay for prescription drugs.

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Don't Wait: Rush To Buy Starbucks

2015-03-30 12:31:33| Air Courier - Topix.net

The coming split, combined with automation, menu changes, and expansion into China will drive SBUX higher for years to come. In a previous piece we talked about the limited number of stocks that we feel we could confidently buy today and forget about for the next 5-10 year period.

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It's time to buy Warren Buffett's second-favorite stock

2015-03-30 12:13:31| Beverages - Topix.net

Warren Buffett, head of Berkshire Hathaway, sips a Cherry Coke at his company's shareholders meeting. Berkshire has a $16.2 billion stake in Coca-Cola.

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