Perrigo to split prescription drugs from consumer business
Perrigo Co plans to separate its prescription pharmaceutical unit from its consumer business. The move, approved by the board during Q2 2018 results, aims to give Rx its own leadership and resources and could include a tax efficient separation or sale. Net sales for the quarter were 1.2 billion with 36 million net income. Rx sales were 209 million.
MENTIONED IN THIS ARTICLE
Uwe Roehrhoff
Perrigo
Roehrhoff
Perrigo Co
Ireland
Allegan
Manafort bank fraud trial shifts to loan deception details
Prosecutors focus on Manafort bank loan schemes as evidence shows discrepancies in loan applications. Witnesses including Melinda James and Darin Evenson testified about properties listed differently than claimed and rental properties affecting loan amounts and caps. Judge Ellis acknowledged overreach in confrontations with prosecutors as the trial proceeds with the bank fraud case.
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Alexandria
Paul Manafort
Trump
Robert Mueller
U.S
T.S. Ellis
Manafort
New York City
Melinda James
Citizens Bank Mortgage
James
New York
Airbnb
Darin Evenson
Rick Gates
IRS
Ellis
Sinclair Tribune buyout collapses rights and lawsuits follow
The 3.9 billion Sinclair Tribune Media merger is canceled after Tribune files a breach of contract suit seeking at least 1 billion in damages. FCC scrutiny and DOJ concerns over required station divestitures stalled approval while Trump criticized regulators.
MENTIONED IN THIS ARTICLE
Sinclair
Tribune Media
New York
Fox News
Tribune Media Co
Department of Justice
Federal Communications Commission
Chicago
Sinclair Broadcast Group
FCC
Media Company
Donald Trump
U.S
Ajit Pai
Trump
Sinclair Broadcast
Tribune
Chris Ripley
Public Knowledge
Pai
Commission
Phillip Berenbrokck
Organization
Sinclair Broadcast Group, Inc
Hunt Valley
Steve Ruark
Puerto Rico counts Maria deaths well over 1400
San Juan reports to Congress that Hurricane Maria killed more than 1,400 people though an island official says the confirmed toll remains 64 amid an ongoing investigation and a planned GWU Milken study. The effort aims to reassess indirect deaths across the 2017 disaster.
MENTIONED IN THIS ARTICLE
Puerto Rico
San Juan
Ramon Espinosa
Congress
Ricardo Rossello
Public Safety Department
Hector Pesquera
Pesquera
George Washington University
Milken Institute of Public Health
New York Times
New York
Nydia Velazquez
Irma
Maria
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