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HomeBusiness NewsNews Alert: KKR & Co (NYSE:KKR), Eli Lilly and Co (NYSE:LLY), Raytheon...

News Alert: KKR & Co (NYSE:KKR), Eli Lilly and Co (NYSE:LLY), Raytheon (NYSE:RTN), Halozyme Therapeutics (NASDAQ:HALO)

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U.S. private equity giant KKR & Co. L.P. (NYSE:KKR) (Full FREE Analysis of KKR And Be Sure To Notice The Intermediate Period) has decided to purchased certain oil and gas properties in Ector and Midland Counties of the Permian Basin from Linn Energy, LLC (LINE) for $350M. Share price of KKR & Co. L.P. (NYSE:KKR) climbed 0.98% to closed at $21.63 with the traded volume of 2.58 million shares as compared to the average volume of 2.34 million in last session. The 2analysts rate its stocks at “Hold,” 5 analysts rate it at “strong buy” and 8 rate it a “Buy,” according to a recent a pool of analysts rating.

The European Union said Friday that it has approved U.S. drugmaker Eli Lilly and Co (NYSE:LLY) (Where Profit in a bull market, collect dividends along the way! Read Full Report Here) projected $5.4B purchase of Swiss drug maker Novartis AG’s (NVS) animal health business, as the contract would not raise competition concerns. Eli Lilly and Co (NYSE:LLY) saw as a gainer stock in last session, rose 1.30% to finished at $65.67 with the overall traded volume of 3.61 million shares. The street professionals’ recommendation trends reflect as, stock on “Buy” rating by 4 analysts, while 10 analysts rate its shares as a “hold” security.

Raytheon Company (NYSE:RTN) (Read Experts View Here on RTN Upcoming Performance) reported a received a border security agreement from the Defense Threat Reduction Agency or DTRA on Sept. 10, 2014 potentially valued at $12.9M. The base agreement award is $6.3M with options for an additional $6.6M. Raytheon Company (NYSE:RTN) stock surged of 1.54% to closed at $99.18 with the total traded volume of 2.14 million shares. The consensus average revenue estimates are $5.61B for latest quarter, at the same time as 17 experts predict $5.92B revenues for the next three months of 2014.

Halozyme Therapeutics, Inc. (NASDAQ:HALO) (Get Visual Access about Inside Factors Trade Here) declared on Friday that it got orphan drug designation for PEGylated Recombinant Human Hyaluronidase or PEGPH20 from the U.S. Food and Drug Administration or FDA. The company is investigating PEGPH20 in a Phase 2 trial in combination with ABRAXANE in metastatic pancreatic cancer. Halozyme Therapeutics, Inc. (NASDAQ:HALO) has its total traded volume during previous session was 1.61 million shares with share price change of 0.78% to settled at $9.08. While in a recent pool of rating, stocks rated “Sell” by 1 analysts, only 2 analysts rate it at “strong buy” while 5 analyst rate its shares to a “Buy” security.

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