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RPT-UPDATE 1-Allergan settles Alzheimer's therapy lawsuit for $750 million

Allergan Plc would pay $750 million to settle a class action lawsuit from a group of direct purchasers of Alzheimer’s disease therapy Namenda, the drugmaker said, in a resolution to the litigation that was set to face trial on Monday. The lawsuit alleged that Allergan’s Forest units worked to delay generic competition for Namenda, including entering an illegal agreement with its competitor Mylan NV. Forest, the original maker of Namenda, discontinued the tablets taken twice daily in February 2014 and replaced it with a version taken once daily before the launch of a generic version in July 2015. …read more […]

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Were Hedge Funds Right About Selling STAAR Surgical Company (STAA)?

Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out […] …read more […]

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3 ‘Strong Buy’ Canadian Stocks With 50% Upside and More

When it comes to Canada’s $2.2 trillion stock market, you would think that foreign investors would be lining up to get a piece of the action. However, this is not the case. Despite seeing a record breaking performance this year, investors are looking to the U.S. as a safe haven.“At times of risk — macro, geopolitics or trade — investors sell assets from other areas and focus on the safety of U.S. equities. Canada, being a small weight in many global benchmarks, is easy to ignore and from an equity point of view is thought of as acting closer to …read more […]

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Hedge Funds Have Never Been This Bullish On Goosehead Insurance, Inc. (GSHD)

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have gone over 730 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […] …read more […]

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Portola Pharmaceuticals Inc (PTLA): Are Hedge Funds Right About This Stock?

The financial regulations require hedge funds and wealthy investors that crossed the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […] …read more […]

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6 Best Stock Market Books

The stock market is a complex system. But you don’t need to understand every working piece to make gobs of money. The six stock market books below boil down some of the most useful investing ideas. And it’s good to note that these aren’t dry textbooks either.
Whether you’re a beginner or advanced investor, you’ll find useful tips. These books cover value investing, investor psychology, and many other topics. Let’s dive in…

6 Stock Market Books for Investors
The Intelligent Investor
This book is a must-read for value investors. The author, Benjamin Graham, was one of Warren Buffett’s mentors. He’s considered the “father of …read more […]