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Stock Market & Financial Investment News

News Breaks
October 16, 2012
06:06 EDTACHN, ABT, BMYAchillion price target raised to $17 from $12 at Deutsche Bank
Deutsche Bank believes liver abstracts from Bristol-Myers (BMY) and Abbott (ABT) bode well for the future success of Achillion's (ACHN) two drug combo regimens for the treatment of hepatitus C virus. The firm raised its price target for Achillion shares and keeps a Buy rating on the stock.
News For ACHN;BMY;ABT From The Last 14 Days
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May 21, 2013
08:03 EDTABTAbbott announces CE Mark for coronary drug eluting stent
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07:34 EDTBMYUBS to host a conference
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07:24 EDTBMYGlobal Health Care to host a conference
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May 20, 2013
10:11 EDTABTOn The Fly: Analyst Upgrade Summary
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10:03 EDTBMYShire advances after report renews takeover speculation
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06:30 EDTBMYLeerink estimates Shire takeout value at least $110 per share
Leerink says a takeover price for Shire (SHPG) would need to be at least $110 per share in order to get the company's board to consider a sale. The firm notes a Daily Mail report last night said Bristol-Myers (BMY) has engaged advisors to study an acquisition of Shire and that Shire's CEO has contacted bankers to consider anti-takeover measures. Leerink believes a Bristol-Myers takeover of Shire would make sense and keeps an Outperform rating on Shire.
06:25 EDTBMYShire may return cash to thwart takeover, Daily Mail reports
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06:01 EDTABTAbbott upgraded to Buy from Neutral at Goldman
Goldman upgraded Abbott to reflect accelerating growth driven by emerging markets, better growth and product mix, new product launches, and market share gains. Price target raised to $44 from $38.
May 17, 2013
13:21 EDTBMYOptions with increasing implied volatility: CPRT BMY GDI HNZ
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May 16, 2013
16:32 EDTBMYBristol-Myers announces intention to voluntarily delist preferred stock
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13:20 EDTBMYFollow-up: Bristol-Myers upgraded to Outperform from Market Perform at Leerink
Leerink upgraded Bristol-Myers citing the company's multi-billion dollar immuno-oncology prospects. The firm says there were additional responses reported in the press briefing with combination nivolumab and Yervoy. Leerink has a $51 price target for shares.
13:14 EDTBMYBristol-Myers upgraded to Outperform from Market Perform at Leerink
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10:30 EDTACHNAchillion management to meet with Maxim
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08:55 EDTBMYBofA/Merrill's pharmaceuticals analysts hold analyst/industry conference call
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08:38 EDTBMYBristol-Myers shares likely to give back recent gains, says Leerink
Leerink expects shares of Bristol-Myers to give back recent gains after ASCO published abstracts last night. The firm found the abstracts as in-line with, but not above, its expectations for nivolumab alone or immuno-oncology combination therapy and keeps a Market Perform rating on Bristol-Myers.
05:52 EDTBMYStocks with implied volatility movement; BMY SLV
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May 15, 2013
11:28 EDTBMYOptions with increasing implied volatility: BMY AGNC EBIX IAU
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09:43 EDTBMYActive equity option families trading on open
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06:06 EDTACHNAchillion appoints Dr. David Apelian as Chief Medical Officer
Achillion (ACHN) appointed David Apelian, M.D., Ph.D., MBA, to the position of Executive VP and Chief Medical Officer, effective May 28. Dr. Apelian wll assume responsibility for the clinical development of Achillion's portfolio of compounds to treat HCV. In addition, Achillion also expanded its clinical operations group with the recent addition of Kevin Kucharski, formerly head of clinical operations at Pharmasset (VRUS), who will serve as Senior VP of Clinical Operations.
May 14, 2013
07:24 EDTBMYEBD Group to host a conference
BioTrinity 2013 is being held in Newbury, England on May 14-16.
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