Shire lifts guidance; silent on M&A buzz - Shares in Shire - TopicsExpress

Shire lifts guidance; silent on M&A buzz - Shares in Shire (LON:SHP) were given a shot in the arm after the drugmaker lifted its profit guidance and unveiled the acquisition of Australian biotech Fibrotech. First quarter revenues were up 18% at US$1.35bn, with non-GAAP earnings per share up 38% at $2.36, well ahead of analysts estimates. Shire said it now expects percentage growth for its 2014 earnings in the mid-to-high twenties, reflecting the contribution from Vir... ow.ly/2Gdga1

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