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Market Wrap For May 1: Markets Mixed To Start The New Month
Thursday, May 1, 2014 - 4:35pm | 2905Read More...U.S. stocks were little moved to start off the month of May as investors and traders are cautious before April's nonfarm payrolls report are released on Friday. The consensus estimate for Friday's figure stands at 215,000 which would trump March's 192,000 number. “This is a really important...
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Pfizer Courts AstraZeneca (Again) With $100 Billion Offer
Monday, April 28, 2014 - 10:39am | 628Read More...The “on-again-off-again” courtship of British pharma AstraZeneca (NYSE: AZN) by U.S. drugmaker, Pfizer (NYSE: PFE), was on again, according to a statement from Pfizer. The renewed offer of almost $100 billion may, according to analysts, go over that amount. AstraZeneca rebuffed Pfizer’s $98.9...
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Barron's Recap: The Tired Bull
Sunday, April 27, 2014 - 12:00pm | 786Read More...This weekend in Barron's online: the Barron's Big Money poll, as well as the prospects for AIG, Pfizer, Tullow, Trinity Biotech and more. Cover Story "U.S. Money Managers Are Cautiously Optimistic" by Jack Willoughby. Barron's Big Money poll reveals that fewer money managers are bullish. But...
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3 Ways To Profit From Merger Activity In The Pharmaceutical Sector
Friday, April 25, 2014 - 10:20am | 535Read More...Like Big Oil, Big Pharma has entered a period of consolidation. There are many factors contributing to this. First, it can be cheaper to buy a company with a promising product rather than undergo the costs of developing a drug. Add in low interest rates that make it cheap to borrow money to...
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Market Wrap For April 24: Apple's Smashing Earnings Overshadowed By Ukraine Concerns
Thursday, April 24, 2014 - 4:41pm | 3104Read More...U.S. stocks inched higher as Apple's strong earnings reported on Wednesday proved to be not enough to ease fears over an escalating tension between Russia and Ukraine. Reports surfaced of escalated troop movements in Ukraine while Russia began military drills near the Ukraine border. After...
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Market Wrap For April 21: S&P 500 Extends Winning Streak To Five Days, Dow & Nasdaq Also Positive
Monday, April 21, 2014 - 4:37pm | 2987Read More...U.S. stocks rose as investors felt that earnings season is positive enough so far to reverse weakness the markets have seen in recent weeks. "Investors were braced for poor results, and at least so far, the numbers have been better than feared. We'll have a little more information to act on...
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Rumor: Pfizer Planning $100 Billion Bid For AstraZeneca
Monday, April 21, 2014 - 9:03am | 515Read More...According to Reuters, big pharma giant, Pfizer (NYSE: PFE) is considering a $100 billion bid for overseas rival AstraZeneca (NYSE: AZN). Reuters gives credit to Britain’s Sunday Times that cited senior investment bankers who said that conversations between the two companies had taken place...
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Market Wrap For April 14: Markets Surge on Positive Retail Data, Citi Earnings
Monday, April 14, 2014 - 4:36pm | 2450Read More...U.S. stocks rose to start off the holiday-filled shortened trading week on a positive note as investors found plenty of reason to be optimistic on retail sales which jumped the most since 2012. Investors were also encouraged by Citigroup's better than expected earnings which eased investor...
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Market Wrap For April 7: Bears In Complete Control As Markets Get Hammered Yet Again
Monday, April 7, 2014 - 4:41pm | 1842Read More...U.S. stocks declined for the third straight day in another trading session in which Internet, social media, biotechnology and momentum stocks sold off. The Dow suffered another triple-digit point loss while the three major indices each saw declines greater than one percent. The timing of the...
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Market Wrap For March 14: Ukraine Tension Drag Markets Lower
Friday, March 14, 2014 - 5:17pm | 2348Read More...U.S. stocks declined as concerns escalated over Ukraine, two days before its citizens will vote in a referendum to split from Ukraine and become part of Russia. Russian President Vladimir Putin is gearing up to “invade eastern Ukraine” as a six hour talk between U.S. Secretary of State John...
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Pfizer's Blockbuster Drug Celebrex To Lose Patent Protection
Thursday, March 13, 2014 - 11:21am | 474Read More...In the pharmaceutical and biotech space, giant moves in a company’s stock isn’t exactly news and in this case a decline of 1.4 percent shouldn’t be much of a story...but when the company is Pfizer (NYSE: PFE), a 1.4 percent loss means something big probably happened. And it did. Wednesday, a U....
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Market Wrap For March 12: Nasdaq Ends Losing Streak, Dow Mildly Lower
Wednesday, March 12, 2014 - 4:51pm | 2142Read More...U.S. stocks were little changed as investors found no new positive (or negative) developments from Ukraine and no new economic reports from China. Stanley Fischer, the nominee for Federal Reserve vice chairman will deliver a prepared testimony ahead of his confirmation at the Senate Banking...
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BioMarin, Medivation Buck Biotech Short Interest Trend (BIIB, BMRN, MDVN)
Wednesday, March 12, 2014 - 10:01am | 808Read More...Short interest in most of the leading biotech and emerging pharmaceutical companies declined between the February 14 and February 28 settlement dates. But Biogen Idec (NASDAQ: BIIB), BioMarin Pharmaceutical (NASDAQ: BMRN) and Medivation (NASDAQ: MDVN) bucked that trend. Short interest in Gilead...
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The Top Five Dow Stocks In February
Monday, March 3, 2014 - 11:39am | 749Read More...The new year has proved to be a volatile one on the stock markets. After seeing a sizable correction in January, the S&P 500 and Dow Jones Industrial Average (DJIA) are again hitting or near all-time highs. Here is a quick look at the five top-performing Dow stocks in the past month. Note...
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Amgen, BioMarin Lead Biotech Short Interest Trend (AMGN, BIIB, BMRN)
Thursday, February 27, 2014 - 1:26pm | 788Read More...Among the leading biotech and emerging pharmaceutical companies, Amgen (NASDAQ: AMGN), Biogen Idec (NASDAQ: BIIB) and BioMarin Pharmaceutical (NASDAQ: BMRN) saw the largest percentage increases in short interest between the January 31 and February 15 settlement dates. Alexion Pharmaceuticals,...
















