Teva falls short on Q3 profit, slashes 2017 estimates again

On the ratings front, TEVA stock has been the subject of a number of recent research reports. Greylin Investment Mangement Inc. now owns 294,495 shares of the company's stock worth $9,783,000 after acquiring an additional 79,300 shares during the last quarter.

COPYRIGHT VIOLATION WARNING: "Heritage Investors Management Corp Sells 13,018 Shares of Teva Pharmaceutical Industries Limited (TEVA)" was first published by StockNewsTimes and is the sole property of of StockNewsTimes. Exane Derivatives acquired a new stake in shares of Teva Pharmaceutical Industries Limited in the third quarter worth approximately $571,000. Finally, GAM Holding AG boosted its stake in shares of Teva Pharmaceutical Industries Limited by 23.2% in the second quarter. GAM Holding AG now owns 41,900 shares of the company's stock worth $1,392,000 after acquiring an additional 7,900 shares during the last quarter. In a report issued on October 30, RBC analyst Randall Stanicky reiterated a Sell rating on TEVA, with a price target of $13, which represents a slight downside potential from current levels. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of U.S. & global copyright & trademark law. BidaskClub upgraded Teva Pharmaceutical Industries Limited from a hold rating to a buy rating in a research note on Wednesday, July 5th. Oppenheimer Holdings Inc. reduced their price objective on shares of Teva Pharmaceutical Industries from $77.00 to $72.00 and set an outperform rating for the company in a research report on Thursday, July 14th. Separately, on the same day, Mizuho's Irina Rivkind Koffler reiterated a Hold rating on the stock and has a price target of $15. Out of 20 analysts who cover the stock, 14 suggest a Hold rating, 3 suggest a Sell and 3 recommend to Buy the stock. The stock presently has a consensus rating of "Hold" and a consensus target price of $27.83. The original version of this piece of content can be accessed at Teva's share price is down 6.5% in premarket trading on Wall Street. The company's 50-day moving average price is $16.13 and its 200-day moving average price is $24.54. Teva Pharmaceutical Industries has a 1-year low of $43.80 and a 1-year high of $66.55.

Teva Pharmaceutical Industries Limited (NYSE:TEVA) last released its earnings results on Thursday, August 3rd. Teva Pharmaceutical Industries Limited had a positive return on equity of 15.96% and a negative net margin of 25.18%. Revenue rose 1 percent to $5.6 billion. Expected Non-GAAP EPS in the fourth quarter is $0.70-0.80 per share.

GAAP net profit and GAAP earnings per share were $530 million and $0.52, respectively, in the third quarter of 2017, compared with $348 million and $0.35, respectively, in the third quarter of 2016. The firm's quarterly revenue was up 12.9% on a year-over-year basis. Analysts had been expecting EPS of $4.19 on revenue of $22.6 billion.

Teva Pharmaceutical Industries Limited is a global pharmaceutical company. The latest results included a 8% decline in generic medicines revenue, which includes a 9% decline in USA revenue "mainly due to challenging market dynamics including pricing declines resulting from customer consolidation into larger buying groups and accelerated FDA approvals for additional generic versions of competing off-patent medicines", Teva said. The Generic Medicines segment includes chemical and therapeutic equivalents of originator medicines in a variety of dosage forms, including tablets, capsules, injectables, inhalants, liquids, ointments and creams.

Like this



02 November 2017
Dhanush's first look in The Extraordinary Journey of the Fakir is out
This movie is a screen adaptation of French Novel " The Extraordinary Journey of the Fakir " who is trapped in an Ikea Wardrobe. Apart from Dhanush, the film also has other stars like Pulp Fiction and Kill Bill actress Uma Thurman and Percy Jackson.

02 November 2017
Kevin Spacey seeking "evaluation and treatment" in wake of sexual misconduct allegation
Since then, several claims have been made against Hollywood actors and directors, including Jeremy Piven and Dustin Hoffman. He added that the story had made him "address" other personal matters and that he chooses "now to live as a gay man".

02 November 2017
Global Smart Ticketing Market Research Report 2017 - Cubic, HID, Xerox, Gemalto NV
Next part of the Smart Electronic Cipher Locks market analysis report talks about the manufacturing process. In prolongation with this data sale price for various types, applications and region is also included.

02 November 2017
PICS ALERT! Aishwarya Rai Bachchan Visits Siddhivinayak Temple On Her Birthday
Why No Party Was Organised This Year? But for her beau Abhishek Bachchan, she is much more than just being an ageless beauty. We spotted Aishwarya visiting the famous Siddhivinayak temple with her daughter Aaradhya and her mom Vrinda Rai.

02 November 2017
SBI cuts interest rates for home, auto loans by 5 basis points
The internal study group had observed that the MCLR-based rate system had failed to effectively transmit monetary policy changes. Despite a 25 basis points cut in August that reduced policy rate to 6 per cent from 6.25 per cent, banks didn't cut down MCLR.

02 November 2017
Four Weddings And A Funeral could become a TV show
MGM Television, which owns the rights to the movie, is set to produce with Universal Television, where Kaling is already placed. Just as long as we never have to hear Love Is All Around ever, ever again haha.!

02 November 2017
Janus Henderson Group PLC Buys Shares of 5810 Highwoods Properties, Inc. (HIW)
Nuveen Asset Management LLC owned about 0.80% of Highwoods Properties worth $41,568,000 as of its most recent filing with the SEC. Wedbush maintained it with "Outperform" rating and $79 target in Thursday, February 25 report. (HIW) opened at 50.98 on Tuesday.

02 November 2017
Utah Jazz vs. Portland Trail Blazers
Thabo (Sefalosha) hit some big shots. "When you have guys that want to go to battle, it definitely helps to have that chemistry". A late addition to the team last season, Jusuf Nurkic, has also played well and gives the Blazers a strong interior presence.

02 November 2017
After a decade, Pakistani sisters released from Amritsar jail
Fatima, who was pregnant at the time of her arrest, gave birth to Hina in jail. Fatima said her biggest loss in all these years was the death of her parents.

02 November 2017
Sena hits back with booklet on 'graft in BJP'
Be it demonetisation, the launch of bullet train or the election campaign in Gujarat, the Shiv Sena has openly slammed the BJP. Uddhav had asked for a report card on how the preparation of next general election is happening in all the district.