Allergan Rises Most in Year as Botox Sales Lift Profit
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Allergan Inc. climbed the most in almost a year after second-quarter earnings beat analyst estimates and the company raised the lower end of its full-year forecast.
Allergan rose 4.3 percent to close at $85.62 in New York, the biggest increase since Aug. 23, 2011. Earnings excluding some items of $1.07 a share beat by 1 cent the average of 22 analyst estimates compiled by Bloomberg.