The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksShire Share News (SHP)

  • There is currently no data for SHP

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Shire posts 4 pct rise in Q2 earnings ahead of sale to Takeda

Tue, 31st Jul 2018 12:12

LONDON, July 31 (Reuters) - Shire, the London-listedpharmaceutical group being bought by Japan's Takeda,reported a 4 percent rise in second-quarter earnings as revenuerose 5 percent to $3.92 billion, just ahead of marketexpectations.

It said its outlook for the year, including its oncologyfranchise which it has separately agreed to sell, was unchanged.

Earlier on Tuesday, Takeda said its first-quarter operatingprofit had halved from a year ago, when it had booked gains fromasset sales. It is buying Shire to broaden its drugs portfolioand plug a gap in its late-stage pipeline.(Reporting by Paul Sandle; editing by Kate Holton)

More News
17 May 2018 17:09

UPDATE 1-EXCLUSIVE-CVC puts $9 bln Recordati bid on hold as political uncertainty weighs -sources

* Talks between CVC and Recordati started in late 2017 -sources * Bid plan dropped before Italy's elections on March 4 -sources * High price, political uncertainty among main no

Read more
17 May 2018 13:10

FOCUS-Takeda CEO prescribes surgical R&D cuts after $62 bln Shire deal

* Takeda boss to raise bar for pipeline drugs after Shire deal * Will consider biotech spin-offs for dropped projects * Firm starting search for long-term, strategic Ben May 17 - For

Read more
17 May 2018 12:03

EXCLUSIVE-CVC puts $9 bln Recordati bid on hold as political uncertainty weighs -sources

* Talks between CVC and Recordati started in late 2017 -sources * Bid plan dropped before Italy's elections on March 4 -sources * High price, political uncertainty among main and

Read more
16 May 2018 17:22

EXCLUSIVE-CVC puts $9 bln Recordati bid on hold as political uncertainty weighs -sources

* Talks between CVC and Recordati started in late 2017 -sources * Bid plan dropped before Italy's elections on March 4 -sources * High price, political uncertainty among main and

Read more
14 May 2018 02:02

Takeda smashes Asian loan record

* Loans: JP Morgan leads US$30.85bn bridge for Shire acquisition By Wakako Sato and Alasdair Reilly TOKYO, May 14 (TRLPC) - Takeda Pharmaceutical's £46bn (US$62bn) of Shire

Read more
11 May 2018 18:45

UPDATE 1-Britain's IWG receives takeover approaches from three suitors

By Ben Martin LONDON, May 11 (Reuters) - British serviced office provider IWG has attracted takeover approaches from three rival suitors, potentially plunging the $3.1 billion company into

Read more
9 May 2018 18:07

Moody's Puts Shire Under Upgrade Review Following Takeda Deal

LONDON (Alliance News) - Moody's Investor Service on Wednesday placed its Baa3 rating of FTSE 100-listed pharmaceutical firm Shire PLC under review for a potential upgrade.This follows

Read more
9 May 2018 14:31

Moody's Downgrades Shire Bidder Takeda Pharmaceutical To A2 From A1

LONDON (Alliance News) - Moody's Investor Service said Wednesday it has downgraded Takeda Pharmaceutical Co to A2 from A1 and has placed its ratings on review for further downgrade following a

Read more
8 May 2018 19:39

Reuters Business News Schedule at 1830 GMT/2:30 PM ET

Editor: Steve Orlofsky +1 646 223 6200 Global Picture Desk: +65 6870 3775 Global Graphics Desk: + 65 6870 3595 (All times GMT / ET) Receive this schedule by Takeda $62

Read more
8 May 2018 16:23

Reuters Business News Schedule at 1500/11 AM ET

Editor: Steve Orlofsky +1 646 223 6200 Global Picture Desk: +65 6870 3775 Global Graphics Desk: + 65 6870 3595 (All times GMT / ET) Receive this schedule by Takeda $62

Read more
8 May 2018 16:01

Reuters Business News Schedule at 1500/11 AM ET

Editor: Steve Orlofsky +1 646 223 6200 Global Picture Desk: +65 6870 3775 Global Graphics Desk: + 65 6870 3595 (All times GMT / ET) Receive this schedule by Takeda $62

Read more
8 May 2018 13:58

MARKET ANALYSIS: Looming Trump Decision On Iran Deal May Weigh On Wall Street

WASHINGTON (Alliance News) - The major US index futures are pointing to a lower opening on Tuesday, with stocks likely to give back ground after ending the previous session mostly concerns may on

Read more
8 May 2018 13:34

Reuters Business News Schedule at 1230 GMT/830AM ET

Editor: Louise Heavens, +44 20 7542 1897 Global Picture Desk: +65 6870 3775 Global Graphics Desk: + 65 6870 3595 (All times GMT / ET) Receive this schedule by Takeda to

Read more
8 May 2018 11:24

European Shares Mostly Lower At Midday Ahead Of Trump's Iran Decision

BRUSSELS/FRANKFURT/PARIS (Alliance News) - European stocks were mostly lower on Tuesday even as UK markets held somewhat steady, helped by a weakening pound and M&A news.Amid few an by

Read more
8 May 2018 11:10

WINNERS & LOSERS SUMMARY: Virgin Money Gains On CYBG Takeover Offer

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - up 4.1%. The Irish drugmaker said it has agreed

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.