Best Buy Gains

Mylan sets stock buyback and hikes dividend; InfoUSA gets buyout offer; plus more of Tuesday's stocks in the news

Mylan Labs (MYL ) sees 92 cents to $1.15 fiscal 2006 earnings per share (adjusted), and $1.20 to $1.74 fiscal 2007 earnings per share. It announces a $1.25 billion stock buyback and doubles annual dividend to 24 cents. The company plans to out-license nebivolol, its highly anticipated next-generation beta blocker.

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