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Reuters first with Caraco drug bust; shares plunge 50 percent 06.25.2009 Shares of Caraco Pharmaceuticals fell 50 percent on June 25 after Reuters reported U.S. authorities had seized generic drugs from the company’s plants. Reuters headlines saying the seizure followed serious manufacturing violations documented by the Food and Drug Administration were six minutes ahead of Bloomberg and 14 minutes ahead of Dow Jones. CNBC credited Reuters and read the Reuters headlines on the air. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

Reuters first with Caraco drug bust; shares plunge 50 percent

06.25.2009

Shares of Caraco Pharmaceuticals fell 50 percent on June 25 after Reuters reported U.S. authorities had seized generic drugs from the company’s plants. Reuters headlines saying the seizure followed serious manufacturing violations documented by the Food and Drug Administration were six minutes ahead of Bloomberg and 14 minutes ahead of Dow Jones. CNBC credited Reuters and read the Reuters headlines on the air.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here