Watson Pharmaceuticals Inc. (WPI) announced after the bell Wednesday that it agreed to acquire privately held Actavis Group for EUR4.25 billion. The stock is now up 3.81 on 675K shares.
Watson Pharmaceuticals posted early gains Wednesday morning and advanced further in the early portion of the afternoon. Shares finished up by 1.09 at $69.69.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.