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Monday, July 2, 2012

BMY: Bristol-Myers Agrees To Expensive Buyout Of Amylin: Stay Away

Bristol-Myers Agrees To Expensive Buyout Of Amylin: Stay Away
by Stone Fox Capital

Last week, Bristol-Myers Squibb (BMY) announced an additional $3B buyback program (see article here on avoiding stock) that signaled to investors to be cautious. While the amount sounded significant, the details suggested the buyback wouldn't amount to much more than 1.5% of the outstanding stock each year. read more »

More on BMY:
Bristol-Myers: A Strong Value Buy Now by Investment Underground

Other articles that mention BMY:
Amylin Bows Out Gracefully by Stephen Simpson


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