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"Significant action" needed to steady company - Teva

Published 11/27/2017, 07:39 AM
© Reuters.  "Significant action" needed to steady company - Teva
TEVA
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  • In a letter to the Israeli parliament, Teva Pharmaceutical Industries (NYSE:TEVA) said it needs to take "significant and comprehensive actions" to secure its future.
  • A government committee called an emergency meeting to discuss media reports that the company was planning major job cuts to shore up its finances.
  • Shares are up a fraction premarket.
  • Source: Reuters
  • Now read: Teva Layoffs Will Bring More Pain To An Already Fragile Company


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