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Recalls this week: booster seats, gas ranges, crossbows

A line of children's booster seats with potentially faulty safety straps are among this week's recalled consumer products. Others include several types of gas ranges with defects that can cause burn or fire hazards. FOR MORE: Call Vivint at 759-8189 from 8 a.m. to 9 p.m. EDT Monday through Friday or online at www.vivint.com and click on "Product Recall."
Source: The Associated Press | By: By The Associated Press
CVS paying $10.4B in cash for drug distributor Omnicare

CVS Health will pay more than $10 billion for pharmaceutical distributor Omnicare in a deal primed to feed its fast-growing specialty drug business and tap a lucrative and growing market: care for the elderly. Omnicare's long-term care business operates in 47 states and the District of Columbia. Cincinnati- based Omnicare's core business involves...
Source: The Associated Press
Out with the old, in with the new stock swaps  

Susan Byrne, Westwood Holdings chairman, shares her play on eBay, Abbott Labs, Honeywell, and Qualcomm.
Source: CNBC.com
Value investor: Bet on an eBay dividend

Susan Byrne, founder and chairman of Westwood Holdings, is making a bet that eBay will likely issue a dividend following the spin off of PayPal.
Source: CNBC.com | By: Giovanny Moreano
A third of Pedialyte's sales now comes from adults

The drink once reserved for young kids has made new inroads with hungover adults.
Source: CNBC.com | By: Zack Guzman
Hungover? Pedialyte wants your business

Pedialyte is going after a new market, and they don't have a bedtime...
Source: CNBC.com | By: Katie Little
AstraZeneca digs into precision medicine with lung, heart deals

*Tie-up with Montreal scientists on heart disease genes. LONDON, May 13- AstraZeneca is diving deeper into personalised healthcare with two projects that move the concept beyond cancer into respiratory disorders and heart disease. To redress the balance, AstraZeneca said on Wednesday it had signed two deals, one with Abbott Laboratories for a diagnostic test...
Source: Reuters | By: Ben Hirschler
UPDATE 2-Mylan says can close Perrigo deal by year end, reports profit

May 5- Generic drugmaker Mylan NV, at the center of a high-stakes, three-way takeover battle, said on Tuesday it is fully committed to acquiring Ireland- based Perrigo Co and believes it can complete the deal by year end. Mylan, on a conference call with analysts, said it is legally committed to take its offer directly to Perrigo shareholders under Irish takeover...
Source: Reuters | By: Bill Berkrot
UPDATE 1-Mylan maintains commitment to acquire Perrigo, reports profit

May 5- Generic drugmaker Mylan NV, at the center of a high-stakes, three-way takeover battle, said on Tuesday it is fully committed to acquiring Ireland- based Perrigo Co.. "We remain steadfast in our legally binding commitment to acquire Perrigo and have taken numerous concrete steps to lay out a clear and certain path towards completion," Mylan Chief Executive...
Source: Reuters | By: Bill Berkrot
Mylan reports profit, maintains commitment to acquire Perrigo

May 5- Generic drugmaker Mylan NV, at the center of a high-stakes, three-way takeover battle, on Tuesday reported slightly higher-than-expected first-quarter profit and said it was "steadfast" in its commitment to acquire Ireland- based Perrigo Co.. Perrigo last week rejected a sweetened $34 billion offer from Mylan. At the same time, Mylan is attempting to fend...
Source: Reuters