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Teva-Allergan deal; Burger King beat; Facebook web move

Here are some of the stocks the Yahoo Finance team will be follwing for you today.

Teva Pharmaceuticals (TEVA)  U.S. shares are gaining in early trading.  The Israeli-based drugmaker is buying the generic drug unit of Allergan (AGN) for $40.5 billion. Analysts say the move frees up Allergan to focus more on its branded drug business, including wrinkle-remover Botox.  Allergan shares are also moving higher on the news.

Mylan (MYL) Meantime, Mylan shares are sinking. That's because the Teva hookup with Allergan has led Teva to drop its effort to buy the generic and specialty pharmaceutical firm.  Mylan has been resisting the takeover bid ever since Teva first made it back in April.

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McGraw-Hill Financial (MHFI) The company is buying SNL Financial for $2.225 billion.  The privately-held SNL Financial provides financial news and analysis for clients.

Restaurant Brands International (QSR) Shares are trying to buck the early selloff. The owner of Burger King and Tim Hortons chains is reporting second quarter profit and revenue that topped analysts' forecasts. The company says sales at Burger King restaurants open at least a year jumped 6.7%...while at Tim Hortons they were up 5.5%.

UBS (UBS) The big Swiss bank reports quarterly profit of about $1.25 billion, a 53% jump from last year and well above estimates. UBS credits an increase in business from high net-worth clients.  The bank released the numbers a day earlier than anticipated following a newspaper story over the weekend that included inaccurate figures.

Facebook (FB) The social media company says it will expand its effort to provide free internet access globally.  Facebook is making its "internet.org" mobile app more easily available to any phone operator.  Previously, Facebook partnered with companies in various developing countries to offer the free web service.

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