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Shares of Shire (SHPG) moved higher early Thursday as the Irish drugmaker’s better-than-expected quarterly revenue and upbeat 2015 outlook offset an earnings miss. Reporting before the open, Shire logged fourth-quarter earnings of $2.63 per American depositary share, up 19% from the year-earlier period but a nickel below consensus estimates of analysts polled by Thomson Reuters. Revenue climbed 19% to $1.58 billion, topping views. It was Shire’s Scalper1 News
Scalper1 News