Actionable news
0
All posts from Actionable news
Actionable news in AGN: ALLERGAN Inc,

Allergan: Cramer's Top Takeaways

Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.

For an "Executive Decision" segment, Cramer sat down with Brent Saunders, chairman and CEO of Allergan (AGN) , the drugmaker that last week posted a 10-cents-a-share earnings beat with revenues that rose 8.8%. Allergan is another Action Alerts PLUS holding.

Saunders explained that when Allergan took a 10% stake in Teva Pharmaceuticals (TEVA) last year, they indicated that there were no plans to become long-term holders of the stock. The lock-up period on those shares, which have performed poorly since their purchase, has now expired.

Turning to Allergan's sizable drug pipeline...


More