Sector Update: Health Care

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Health-care shares were generally flat in pre-market trade Thursday.

In health-care stocks news, Valeant Pharmaceuticals (VRX, VRX.TO) Thursday reported stronger results for Q2 ended June 30, highlighted by an overall organic growth of 4%. Excluding the impact of generics, same store sales organic product sales growth was 10%.

And, Teva Pharmaceutical Industries ( TEVA ) reported Q2 earnings that were ahead of analysts' expectations while sales were below.


TEVA edged higher 0.1% in recent pre-market trade, near the top end of the 52-week range between $36.26 and $55.70.

Finally, NuVasive ( NUVA ) was higher in after hours trading after the company posted better-than-expected financial results for Q2, or the quarter ended June 30, 2014, and raised its guidance for fiscal 2014.

Shares were up 5.55% at $37 with a 52-week range of $22.44 - $39.89.



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This article appears in: Investing , Commodities

Referenced Stocks: TEVA , NUVA

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