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Healthcare ETF (VHT) Hits New 52-Week High
Article By: Zacks Investment Research
Friday, October 20, 2017 8:03 PM EDT
Investors seeking momentum may have Vanguard Healthcare ETF on their radar now. The fund recently hit a new 52-week high. Shares of VHT are up approximately 29.2% from the 52-week low of $120.38/share.
In this article: JNJ, PFE, UNH, VHT
Ask Slim Market Week - Friday, Oct 20
Video By: Steve Miller
Friday, October 20, 2017 6:15 PM EDT
The stock market kept rocking all week as IBM and the financials helped push the Dow over 23,000 although Apple made the market nervous later in the week with iPhone 8 sales. The tax reform deal also helped lift stocks higher and push bonds lower.
Seattle Genetics Upgraded To Overweight From Equal Weight At Barclays
Article By: The Fly
Friday, October 20, 2017 8:02 AM EDT
Barclays analyst Geoff Meacham upgraded Seattle Genetics to Overweight and raised his price target for the shares to $70 from $60.
In this article: SGEN Also: REGN
Ignyta Announces Pricing Of Public Offering Of Common Stock
Article By: Business Wire
Friday, October 20, 2017 2:00 AM EDT
Ignyta anticipates using the net proceeds from the offering to fund R&D activities for its development programs, including the clinical development and pre-commercialization activities of entrectinib, and ongoing development of other pipeline assets.
In this article: RXDX
Abbott (ABT) Beats Earnings And Sales In Q3, Tweaks View
Article By: Zacks Investment Research
Wednesday, October 18, 2017 10:57 AM EDT
Abbott Labs posted third quarter revenues of $6.82 billion surpassing the Zacks Consensus Estimate for revenues of $6.71 billion.
In this article: ABT
Amgen May Pull Back Before The Next Surge
Article By: Bob Lang
Wednesday, October 18, 2017 9:38 AM EDT
Will Amgen provide another ideal entry point? The chart says yes.
In this article: AMGN
Merck Upgraded To Buy From Neutral At Citi
Article By: The Fly
Wednesday, October 18, 2017 6:53 AM EDT
The analyst revised his initial PDx market estimates of $35bn to at least $50bn and increased his 2025 Keytruda forecasts from $9B to$15B.
In this article: MRK Also: LLY, RHHBY
Your Stake In The $22 Billion Dollar Cannabis Industry
Article By: Modest Money
Wednesday, October 18, 2017 4:54 AM EDT
Is now the right time to invest in the Cannabis Industry? The Cannabis Stock Index is up 26.4% month-to-date.
In this article: SMG, VRX, ABBV, INSY
You Gotta Be In It To Win It
Article By: Bespoke Investment Group
Tuesday, October 17, 2017 10:15 PM EDT
The last four months have been a very good time to be long the biotech group.
In this article: IBB
3 Market-Beating Stocks For Your 2018 Radar (With Extreme Upside Potential)
Article By: TipRanks
Monday, October 16, 2017 8:47 AM EDT
This little-known biotech stock has only received three buy ratings from top analysts in the last three months. However, these three analysts are all confident on one thing: that Gemphire has serious upside potential.
In this article: MCRB, LITE, GEMP
The Final Straw For Mallinckrodt?
Article By: Shock Exchange
Sunday, October 15, 2017 10:55 PM EDT
JAMA questioned the effectiveness of MNK's Acthar. AMA's research could be the catalyst for lawmakers to reduce Medicare/Medicaid purchases of Acthar, which is MNK's biggest seller.
In this article: MNK
Week In Review: Shanghai Pharma Bids In Cardinal China's $1.5 Billion Auction
Article By: ChinaBio® Today
Saturday, October 14, 2017 5:29 PM EDT
Shanghai Pharma (SHA: 601607) and FountainVest Partners, a China private equity fund, have submitted second-round bids for Cardinal China's (NYSE: CAH​) drug distribution operations.
In this article: CAH, CASI, CBPO, BIIB
Aurora Cannabis Inc. Vs. Aphria Inc.: Which One Is A Better Buy?
Article By: Lorimer Wilson
Saturday, October 14, 2017 2:38 PM EDT
Each company produces marijuana differently and in different parts of Canada, enabling them to better focus on gaining market share in their respective locations.
In this article: ACBFF, APHQF Also: TWMJF
How To Get Involved In The Drug Trade (It’s Not What You Think)
Article By: David Zarling
Saturday, October 14, 2017 11:58 AM EDT
Eli Lilly & Co. (LLY), one of the world’s largest drug manufacturers, has seen its stock go nowhere for 2 years. This after Lilly was up over 350% from the bottom in 2009 through September 2015. Last week, it broke out of the 2-year base.
In this article: LLY
Concern Over Valeant's Financial Controls 'Likely Just Noise,' Says Cantor
Article By: The Fly
Friday, October 13, 2017 8:17 PM EDT
Cantor Fitzgerald analyst Louise Chen says after speaking with the company, she believes the concerns are "likely just noise and cannot be strung together into an argument" that Valeant has issues with financial controls.
In this article: VRX Also: DEPO
Teva Maneuvers To Match 30% Discounts For Generic Copaxone
Article By: Shock Exchange
Friday, October 13, 2017 12:09 PM EDT
Market chatter suggests Mylan is offering 25%-30% discounts on generic Copaxone, and Teva is scrambling to match the discounts. If Teva has to lower Q4 earnings guidance investors could punish the stock.
In this article: TEVA, MYL
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