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Reuters David Tepper’s Appaloosa went big on pharma stocks in the fourth quarter. The fund took big new positions in Teva ($ 183 million), Pfizer ($ 156 million), and Mylan ($ 125 million) in the final three months of the year, according to a 13F filing. They were the fund’s biggest new positions in the period. In addition, […]
Reuters/Mohammad Ismail Here is what you need to know. China’s FX reserves fall below $ 3 trillion. China’s foreign exchange reserves slumped to $ 2.998 trillion in January, hitting their lowest level in almost six years, Reuters reports, citing People’s Bank of China data. The IMF’s annual review of Greece has concluded. The International Monetary […]
Thomson Reuters Feb 6 (Reuters) – Israel-based generic drugmaker Teva Pharmaceutical Industries Ltd said on Monday that Chief Executive Erez Vigodman was stepping down effective immediately and would be replaced on an interim basis by Yitzhak Peterburg, who has been chairman of Teva’s board of directors. Because Israeli company law calls for separation of the […]
