The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. ** International Business Machines Corp and Lenovo Group Ltd are grappling with ways to resolve U.S. security concerns over IBM's proposed $2.3 billion sale of its computer-servers business to the Chinese company. (on.wsj.com/TyLkso)** John Paulson's hedge-fund firm Paulson & Co has built a $1 billion stake in Allergan Inc and supports a takeover of the Botox maker by Valeant Pharmaceuticals International Inc , according to a person familiar with the matter. (on.wsj.com/1rASEQ9)
Allergan, Inc. is a multi-specialty health care Company focused on developing and commercializing pharmaceuticals, biologics, medical devices and over-the-counter products. Shares of AGN traded higher by 2.25% or $3.72/share to $169.07. In the past year, the shares have traded as low as $82.56 and as high as $172.48. On average, 4612760 shares of AGN exchange hands on a given day and today's volume is recorded at 4473701.
International Business Machines Corporation (IBM) is an information technology (IT) company. Shares of IBM fell by 0.09% or $-0.16/share to $180.72. In the past year, the shares have traded as low as $172.19 and as high as $200.94. On average, 4410320 shares of IBM exchange hands on a given day and today's volume is recorded at 2763020.
Valeant Pharmaceuticals International, Inc., formerly Biovail Corporation, is a multinational, specialty pharmaceutical company that develops, manufactures and markets a range of pharmaceutical products. Shares of VRX traded higher by 4.5% or $5.42/share to $125.94. In the past year, the shares have traded as low as $84.86 and as high as $153.10. On average, 3688640 shares of VRX exchange hands on a given day and today's volume is recorded at 4677100.
Valeant Pharmaceuticals International, Inc., formerly Biovail Corporation, is a multinational, specialty pharmaceutical company that develops, manufactures and markets a range of pharmaceutical products. Shares of VRX traded higher by 4.27% or $5.52/share to $134.93. In the past year, the shares have traded as low as $88.91 and as high as $170.45. On average, 400133 shares of VRX.TO exchange hands on a given day and today's volume is recorded at 359817.
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