Tagged: PMCS

Market Update After Hours February 1

Market Summary Dow Jones 14,009.79 149.21 -1.08% S&P 500 1,513.17 15.06 -1.01% Nasdaq 3,179.10 36.97 -1.18% Gainers PMC-Sierra, Inc. (NASDAQ:PMCS) 6.53 +0.75 (12.98%) PMCS reported results for the fourth quarter and full year ended...

PharMerica Investors Take Legal Action

A lawsuit filied on Monday by a pension fund alleges that PharMerica Corp.’s (NYSE:PMC) rejection of a $440.8 million bid from Omnicare Inc. (NYSE:OCR) unfairly shortchanged investors. In a suit filed in Wilmington Delaware...

Unrest in Egypt Pushes Market Lower

The U.S. equity market plunged in trading today as concerns over the unrest in Egypt mounted. Thousands of Egyptians marched on the streets the Cairo today, protesting against the government. The concerns in Egypt...