NEW YORK, October 14, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Auxilium Pharmaceuticals Inc. (NASDAQ: AUXL), Lakeland Industries Inc. (NASDAQ: LAKE), Endo International plc (NASDAQ: ENDP), Actavis plc (NYSE: ACT) and Celgene Corporation (NASDAQ: CELG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7148-100free.
Auxilium Pharmaceuticals Inc. Research Reports
On October 9, 2014, Auxilium Pharmaceuticals Inc. (Auxilium) and Endo International plc (Endo) jointly announced a definitive agreement under which Endo will acquire all of the outstanding shares of common stock of Auxilium for a total consideration of around $2.6 billion. As per the deal, Endo will pay $33.25 per share, and Auxilium shareholders will have option to choose cash and stock, all-stock or all-cash consideration. The per share consideration represents a premium of 55% to Auxilium's closing price on September 16, 2014, the day Endo made public its proposal for Auxilium. Auxilium also informed that it terminated its proposed merger agreement with QLT, Inc., immediately before signing agreement with Endo. Following the announcement, shares of Auxilium gained 9.01% to close at $32.44. The full research reports on Auxilium are available to download free of charge at:
Lakeland Industries Inc. Research Reports
On October 9, 2014, the stock of Lakeland Industries Inc. (Lakeland) climbed 52.50% to end the trading session at $17.72 amid significantly high trading volumes. Shares in Lakeland opened the session at $12.30 and hit an intra-day high of $19.79, with 47.92 million shares changing hands. Moreover, the stock has rallied 183.52% in the last one month. According to a NASDAQ report, the steep rise in Lakeland's stock has come after the death of the first patient diagnosed with the Ebola virus in the U.S. As per the report, rising Ebola fears in the U.S. could translate into strong demand for Lakeland's hazmat suits that healthcare providers wear while treating patients detected with infectious diseases such as Ebola. The full research reports on Lakeland are available to download free of charge at:
Endo International plc Research Reports
On October 9, 2014, Endo International plc (Endo) announced an agreement to acquire Pennsylvania-based Auxilium Pharmaceuticals, Inc. (Auxilium) for $33.25 per share in a cash and stock transaction, for a total consideration of $2.6 billion. Through this acquisition, Endo expects to expand its pharmaceutical products portfolio and achieve significant cost synergies which will boost the Company's operating margin. Rajiv De Silva, President and CEO of Endo, commented, "We are pleased to have reached this agreement with Auxilium, which we believe will create value for both Endo and Auxilium shareholders, as well as for patients, customers and employees. We intend to leverage Auxilium's leading presence in men's health, as well as our R&D capabilities and financial resources to accelerate the growth of XIAFLEX® and Auxilium's other products." The transaction is expected to close in H1 2015, subject to various approvals. Endo's stock fell 5.94% to close at $66.78. The full research reports on Endo are available to download free of charge at:
Actavis plc Research Reports
On October 9, 2014, Actavis plc (Actavis) and Ironwood Pharmaceuticals (Ironwood) jointly announced that the linaclotide-related data will be presented during the American College of Gastroenterology 2014 Annual Scientific Meeting in Philadelphia, October 17 through October 22, 2014. The data will be presented via oral and poster presentations. The Company informed that Linaclotide, marketed under the trade name Linzess® in U.S. by the two companies, is a guanylate cyclase‐C (GC‐C) agonist and is indicated for treatment of adults with irritable bowel syndrome (IBS) or chronic idiopathic constipation. The full research reports on Actavis are available to download free of charge at:
Celgene Corporation Research Reports
On October 1, 2014, Celgene Corporation (Celgene) announced that it will host its Q3 2014 earnings conference call on October 23, 2014 at 9 a.m. ET to discuss financial and operational results. The webcast of the call can be accessed via the Company website. On average, analysts polled by Bloomberg Businessweek expect Celgene to report Q3 2014 EPS (pre-exceptional) of $0.95. The full research reports on Celgene are available to download free of charge at:
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