Archive for Tag: Bayer AG trade Ideas

Bayer Stock Price

Breaking up is not for us, Bayer CEO says

Bayer (OTC:BAYRY) is trading down 0.59% at 49.60 German drugs and pesticides maker Bayer (OTC:BAYRY)has no plans to split its three main businesses into separately traded companies, Chief Executive Werner Baumann said, amid a flurry of conglomerates moving to break themselves up. “We are going to continue the course,...

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Bayer AG

Bayer buys biopharma firm Vividion Therapeutics for up to $2 billion

Bayer AGis trading down 5.09% at 47.29 Bayer AG on Thursday said it acquired U.S.-based biopharmaceutical company Vividion Therapeutics for up to $2 billion to boost its ability to discover new treatments and lift the value of its drug pipeline. The deal, expected to close during the third quarter,...

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Bayer Stock Price

Bayer says to appeal U.S. court ruling on PCBs if necessary

Bayer (OTC:BAYRY) is trading down 0.24% at 50.42 German chemicals maker Bayer (OTC:BAYRY)said on Wednesday it may appeal an order in a U.S. legal case to pay $185 million to four staff members of a school in the state of Washington over exposure to polychlorinated biphenyls, or PCBs, made...

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Bayer hit by failure to cap risk from weedkiller cases

Bayer (OTC:BAYRY) is trading down 3.69% at 52.93 Bayer shares dropped as much as 5% on Thursday after a U.S. judge rejected its plan to try and limit the cost of future class action claims that its Roundup weedkiller causes cancer. The German group called into question the future...

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Judge suggests warning label as part of $2 billion plan to limit Roundup claims

Bayer AG (DE:BAYGN) DOWN 1.05% AT 16.95 A U.S. judge suggested on Wednesday that Bayer AG (DE:BAYGN) include a warning label on Roundup as part of a proposed $2 billion settlement to resolve future claims that the top-selling weedkiller causes cancer. Bayer (OTC:BAYRY) asked U.S. District Judge Vince Chhabria in...

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