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Warner Chilcott Completes Debt Offering

WCRX logoWarner Chilcott (WCRX - option chain) shares are rising today after the company said Friday evening that it has completed a loan and debt offering needed to pay a special $8.50 per share dividend it announced last month. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on WCRX.

WCRX opened this morning at $29.00. So far today the stock has hit a low of $28.72 and a high of $29.81. As of 12:15, WCRX is trading at $29.53 up $1.41 (5.0%). The chart for WCRX looks neutral and S&P gives WCRX a neutral 3 STARS (out of 5) hold ranking.

Continue reading Warner Chilcott Completes Debt Offering

Market highlights for next week: Verizon, Boeing and Google reporting

Monday, January 28
Tuesday, January 29
Wednesday, January 30
Thursday, January 31
Friday, February 1
  • Exxon Mobil Corporation (NYSE: XOM) to report Q4 earnings; conference call at 11:00am.
  • PDUFA date for Axcan Pharma Inc. (NASDAQ: AXCA)'s for Ultrase/Ultrase MT (Pancrelipase) enzyme replacement therapy for treatment of chronic Pancreatitis and Pancreatic Deficiency related to Cystic Fibrosis.

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IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 05:11 AM

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