Pharma Stock Rebounds As Deadline To Appeal $1.9 Billion Tax Bill Nears [Investor's Business Daily]
Perrigo Company plc Ordinary Shares (PRGO)
Last perrigo company plc ordinary shares earnings: 4/30 06:30 am
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Source: Investors Business Daily
Related news Perrigo ( PRGO ) rebounded Wednesday as the deadline to appeal a $1.86 billion Irish tax bill approached. News of that bill sent Perrigo stock tumbling nearly 30% last week. On the stock market today , Perrigo stock jumped 11.5% to 40.70 in higher-than-average volume . The pharmaceutical company has until Friday to appeal the tax bill. "Perrigo strongly disagrees with this assessment and believes that the (notice of amended assessment) is without merit and incorrect as a matter of law," Perrigo said in a filing last week with the Securities and Exchange Commission. In April 2013, a company called Elan Pharma sold its multiple sclerosis drug Tysabri to Biogen ( BIIB ). Biogen made an upfront payment and agreed to future contingent payments. These were listed as trading income in Elan Pharma's tax returns. Perrigo acquired Elan in December 2013. In October 2018, the Irish government sent an audit letter saying the Elan intellectual property was listed incorrectly in Perrig
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PRGO
News
- Here's Why Perrigo Company PLC (PRGO) Stock Slumped in Q1 [Yahoo! Finance]Yahoo! Finance
- Perrigo Company plc (NYSE: PRGO) had its "buy" rating re-affirmed by analysts at Canaccord Genuity Group Inc.. They now have a $42.00 price target on the stock.MarketBeat
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- The WNBA has partnered with Glossier and Skims—now it's added Opill, the new over-the-counter birth control [Fortune]Fortune
- Opill and WNBA Team Up for Groundbreaking Partnership [Yahoo! Finance]Yahoo! Finance
PRGO
Earnings
- 2/27/24 - Beat
PRGO
Sec Filings
- 4/9/24 - Form 4
- 4/9/24 - Form 4
- 4/9/24 - Form 4
- PRGO's page on the SEC website