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Tuesday, September 30, 2014

Takeover Digest- New York Times business news - Sept 30, (NYSE: ABBV), (NASDAQ: GILD), (NASDAQ: NFLX), (NYSE: PFE)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * In a first deal of its kind, Netflix Inc and the Weinstein Company said Monday that they planned to release next year's sequel to the movie "Crouching Tiger, Hidden Dragon" simultaneously across the globe on Netflix and a select number of Imax theaters. (nyti.ms/1pn3ua3)* As the Obama administration tries to stop companies from avoiding taxes by moving their headquarters overseas, pharmaceutical companies such as Gilead Sciences Inc, Pfizer Inc and AbbVie Inc are using another tactic to reduce their payments to the government. (nyti.ms/1sLpzWG)

AbbVie Inc. (AbbVie) is a research-based pharmaceuticals company. Shares of ABBV fell by 1.13% or $-0.67/share to $58.52. In the past year, the shares have traded as low as $44.32 and as high as $60.02. On average, 12163900 shares of ABBV exchange hands on a given day and today's volume is recorded at 7640357.

Gilead Sciences, Inc. (Gilead) is a research-based biopharmaceutical company that discovers, develops and commercializes medicines. Shares of GILD fell by 0.8% or $-0.87/share to $107.51. In the past year, the shares have traded as low as $58.81 and as high as $110.64. On average, 13675000 shares of GILD exchange hands on a given day and today's volume is recorded at 8072107.

Netflix, Inc. is an Internet television network with more than 44 million members in over 40 countries. Shares of NFLX traded higher by 0.18% or $0.81/share to $449.56. In the past year, the shares have traded as low as $282.80 and as high as $489.29. On average, 2166460 shares of NFLX exchange hands on a given day and today's volume is recorded at 1359647.

Pfizer Inc. (Pfizer) is a research-based, global biopharmaceutical company. Shares of PFE traded higher by 0.17% or $0.05/share to $29.77. In the past year, the shares have traded as low as $27.87 and as high as $32.96. On average, 22829100 shares of PFE exchange hands on a given day and today's volume is recorded at 19969776.



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