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Actionable news in SHPG: Shire plc,

Shire Beats Consensus With Strong Set of First-Quarter Numbers

Shire (SHPG - Get Report) stock received a boost on Friday afternoon in London after the group released a strong set of first quarter results, with above consensus revenue growth led by sales of prescription medications Vyvanse, Lialda and Cinryze.

Total group sales grew by 14% to $1.6 billion while, on a constant exchange rate basis, revenue growth came in higher at 16%. Earnings were up 12% on both a GAAP basis and on a constant exchange rate...