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Shire on hold by Jefferies
Jefferies & Co., Inc. analyst Robin Campbell reiterated Shire Pharmaceuticals Group plc at hold as the companies second-quarter revenues rose 3% to $439 million, compared to Jefferies' projected $464 million. The company's product sales were up 7% at $376 million and included Adderall sales of $230 million, below the analyst's forecast of $392 million in sales including Adderall sales of $235 million. Shares of the Basingstoke, England-based pharmaceutical company were up 2p, or 0.24, at 840p on volume of 6,660,824 shares versus the three-month running average of 4,660,824 shares. (LSE: SHP)
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