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Stock Market & Financial Investment News

News Breaks
March 3, 2013
13:38 EDTBMY, BIIB, SHPGUnclear if pipeline alone can restore Bristol's growth, WSJ says
With Bristol-Myers' (BMY) losing Plavix patent exclusivity, the company took a 17% hit in revenues in 2012, and is now counting on new drugs like Eliquis and late-stage drugs aiming to treat cancer, diabetes and hepatitis C to restore growth, says the Wall Street Journal. However, "it remains unclear whether new drugs alone will be enough to restore growth," says WSJ, adding that in recent months Bristol has studied the possibility of Biogen Idec (BIIB) Shire (SHPG) as possible acquisition targets. Reference Link
News For BMY;SHPG;BIIB From The Last 14 Days
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May 24, 2013
07:20 EDTBIIBCelgene, Gilead, and Biogen could go much higher, says Bernstein
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May 23, 2013
08:04 EDTBIIBBiogen appoints Spyros Artavanis-Tsakonas as Chief Scientific Officer
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06:02 EDTBMYBristol-Myers implied volatility at upper end of index mean range
05:47 EDTBMYStocks with implied volatility movement; SKS BMY
Stocks with implied volatility movement; Saks (SKS), Bristol-Myers (BMY) according to IVolatility.
May 22, 2013
16:00 EDTBMYOptions Update; May 22, 2013
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10:33 EDTBMYBristol-Myers jumps after Citi ups rating on cancer potential
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10:16 EDTBMYBristol-Myers spikes higher following upgrade, levels to watch
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10:00 EDTBMYOn The Fly: Analyst Upgrade Summary
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06:05 EDTBMYBristol-Myers upgraded to Buy from Neutral at Citigroup
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May 21, 2013
07:34 EDTBMYUBS to host a conference
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07:24 EDTBIIB, BMYGlobal Health Care to host a conference
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05:44 EDTBIIBBiogen submits application to FDA for approval of Plegridy in RMS
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May 20, 2013
15:57 EDTBIIBBiogen IMS numbers should not be adjusted down at ISI Group
ISI Group confirmed with Biogen that Tecfidera is not captured by IMS and numbers should not be adjusted downward to reflect free drugs dispensed.
10:03 EDTSHPG, BMYShire advances after report renews takeover speculation
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07:39 EDTBIIBBiogen weekly MS drug scripts up 26.5%, says Citigroup
Citigroup says weekly scripts for Biogen's multiple sclerosis drug Tecfidera were up 26.5% to 1,621. Citi says the launch of Tecfidera is on track to beat Q2 estimates by a wide margin and it keeps a Buy rating on shares of Biogen.
07:27 EDTSHPGAmerican Psychiatric Association to host annual meeting
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07:01 EDTSHPGSangamo BioSciences announces positive data for Vivo Protein platform
Sangamo BioSciences (SGMO) announced the presentation of new data demonstrating the successful application of Sangamo's proprietary In Vivo Protein Replacement Platform to produce therapeutically relevant levels of Factor VIII in a mouse model. Sangamo has partnered with Shire (SHPG) to develop ZFP Therapeutics for both hemophilia A and B using this approach.
06:30 EDTBMY, SHPGLeerink 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 EDTBMY, SHPGShire may return cash to thwart takeover, Daily Mail reports
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May 17, 2013
13:21 EDTBMYOptions with increasing implied volatility: CPRT BMY GDI HNZ
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