Post Tagged with: "WSJ"

Barrick Gold Stock Down 3%, Newmont up 6% on Reports Potential Merger Scrapped

April 21, 2014 at 9:19 pm

Barrick Gold Corp. (ABX, ABX.TO) shares are down 1.7% on reports that talks to purchase rival Newmont Mining Corp. (NEM, NMC) broke down. According to a Wall Street Journal article released when markets were closed Friday, the two gold miners recently held talks over a potential combination, but these talksRead More

Bill Ackman, Valeant Planning Pursuit of Allergan, Wall Street Journal Reports

April 21, 2014 at 8:16 pm

Activist investor William Ackman and Valeant Pharmaceuticals International Inc. (VRX) are teaming up to try to buy Botox-maker Allergan Inc. (AGN), the Wall Street Journal reports late Monday, citing people familiar with the matter. Ackman’s Pershing Square Capital Management has built a nearly 10% stake in Allergan, according to peopleRead More