MarkWest OFFERS 6M Units to Offset Debt and 1 Morning Hot Stock to Notice

After a $750 million debt offering, MarkWest Energy Partners (NYSE:MWE) follows up with a public offer of 6 million common units the proceeds of which will be utilized to buy additional common units for capital spending and for general corporate purposes. Shares are down 4.49 percent.

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According to the FTC’s remarks in a case involving CVS (NYSE:CVS) and Rite Aid (NYSE:RAD), which have sued Pfizer (NYSE:PFE) and TEVA (NASDAQ:TEVA) for collaborating to keep generic versions of Effexor XR, an anti-depressant out of stores, pharma companies are warding off the threat of generic competition by mutual patent agreements not to sell generic versions of their own medicines.

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