Content about New York Stock Exchange

PARSIPPANY, N.J. — Watson Pharmaceuticals has formally changed its name to Actavis and changed its New York Stock Exchange ticker symbol to ACT, the company said Thursday.

The generic drug maker, now the world's third largest, announced its plan to change the name last year after it acquired Actavis. The combined company expects combined 2012 sales to exceed $8 billion.

Watson to change brand in 2013
PARSIPPANY, N.J. — Watson Pharmaceuticals is changing its name to Actavis following its acquisition of the Swiss drug maker, Watson said. Watson, whose $5.6 billion acquisition of Actavis received approval from the Federal Trade Commission in October, said it would adopt the new name starting in 2013, with plans to start a multi-year rebranding campaign and trade under a new symbol on the New York Stock Exchange.


“It’s actually an illusion that those boxers are separate entities. The separate entities are just the way we choose to perceive them. The boxers, you, me — we’re all part of the same quantum field. Think of the two boxers as ocean waves or currents of air — two tornadoes, say. They appear to be two separate things, but they’re not. Tornadoes are just wind. The wind stirred up in different directions. The fact is nothing is separate. Everything is connected.

NORTHFIELD, Ill. — Kraft Foods announced that it has shifted its stock listing from the New York Stock Exchange to the NASDAQ global select market.

The company said its decision to shift its listing — which still will trade under the ticker symbol KFT — will yield greater cost efficiencies, while providing visibility advantages for the company's iconic brands. Kraft Foods begin trading on NASDAQ on June 26.

SALT LAKE CITY — Schiff Nutrition International is scheduled to change its NYSE ticker symbol and, effective June 11, the stock will begin trading under the symbol SHF.

“We are focused on building premium brands and leading innovation in heart health, joint care, immune support, digestive health and other key nutritional supplement conditions," Schiff CEO Tarang Amin said. "We are excited to begin trading under a new ticker symbol NYSE: SHF that more closely reflects our company name.”

HAWTHORNE, N.Y. — Taro Pharmaceutical Industries will list its shares on the New York Stock Exchange, the Israel-based generic drug maker said Monday.

Starting Thursday, shares of Taro will trade on the exchange under the ticker symbol "TARO" and will concurrently cease to trade on the over-the-counter Pink Sheet markets.

COVINGTON, Ky. — Pharmaceutical services provider Omnicare celebrated its 30th anniversary as a public company by ringing the closing bell at the New York Stock Exchange at 4 p.m. on Thursday, the company said.

CEO John Figueroa presided over the ringing of the bell to mark the occasion, the company said, as did other members of the company's senior leadership team and 30-year employee Tom Marsh.

DEERFIELD, Ill. — Walgreens’ stock was trading up 30 cents to $43.03 on the New York Stock Exchange mid-morning on Wednesday thanks to favorable same-store sales growth of 4.8% for the month of June versus an analyst consensus estimate of 2.8%.

CAMP HILL, Pa. — Rite Aid has regained compliance with the New York Stock Exchange’s share price-listing requirements, the retail pharmacy chain said Tuesday.

The 4,700-store chain regained compliance after its closing share price and average closing share price for the 30 days ended Monday were both above $1.

Companies that trade on the exchange are threatened with delisting if the average closing price of their shares falls below $1 over a consecutive 30-day trading period.

NEW YORK Rite Aid has been fighting off the delisting of its shares trading on the New York Stock Exchange since September, and although the company had the approval of its investors to execute a reverse-split in its back pocket, certainly that was a card management didn’t want to play if it could avoid it.