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Stock Market & Financial Investment News

News Breaks
October 15, 2012
12:13 EDTBMYBristol-Myers HCV combo treatment clears virus in 94% of patients in study
In an abstract of a phase 2a, open-label study conducted with a regimen including a Bristol-Myers drug, researchers stated that a 12-week regimen of daclatasvir, asunaprevir, and BMS-791325 yielded "SVR4" of 94% in treatment-naive patients with genotype 1 Chronic Hepatitis C Virus, or HCV, infection. SVR4 is defined as no detectable hepatitis C virus four weeks after stopping therapy. The study's authors concluded: "Twelve weeks of the interferon- and ribavirin-free regimen of DCV + ASV + BMS-791325 was well tolerated and achieved a high rate of SVR4 in chronic HCV GT1-infected patients who were mainly GT1a and IL28B non-CC genotype. Further investigation of this regimen in the treatment of HCV is warranted." The abstract of the study was posted to the website of The American Association for the Study of Liver Diseases ahead of the organization's November annual meeting.
News For BMY From The Last 14 Days
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May 20, 2013
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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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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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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May 14, 2013
07:24 EDTBMYEBD Group to host a conference
BioTrinity 2013 is being held in Newbury, England on May 14-16.
May 10, 2013
11:48 EDTBMYDrugmakers to face pressure on U.S. prices, Reuters says
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May 9, 2013
10:17 EDTBMYShire trades higher in London amid takeover chatter, Guardian says
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May 8, 2013
10:33 EDTBMYBristol-Myers, Pfizer announced results from ARISTOTLE trial subanalysis
Bristol-Myers (BMY) and Pfizer (PFE) announced yesterday that results from a prespecified subanalysis of the ARISTOTLE trial were published in Circulation, the peer-reviewed journal of the American Heart Association. Results from the subanalysis showed that the reductions in stroke or systemic embolism, number of major bleeding events and mortality demonstrated with Eliquis compared to warfarin in the ARISTOTLE trial were consistent across subgroups defined based on levels of International Normalized Ratio control in patients with nonvalvular atrial fibrillation. This story corrects a headline from yesterday.
May 6, 2013
17:03 EDTBMYBristol-Myers, Pfizer announce publication of ARISTOTLE trial
Bristol-Myers Squibb (BMY) and Pfizer (PFE) announced that results from a prespecified subanalysis of the ARISTOTLE trial were published in Circulation, the peer-reviewed journal of the American Heart Association. Results from this subanalysis showed that the reductions in stroke or systemic embolism, number of major bleeding events and mortality demonstrated with Eliquis compared to warfarin in the ARISTOTLE trial were consistent across subgroups defined based on levels of International Normalized Ratio control in patients with nonvalvular atrial fibrillation. Based on the results of the subanalysis, the benefits of Eliquis compared with warfarin for stroke or systemic embolism, bleeding, and mortality appear similar across the range of centers' and patients' quality of INR control.
08:53 EDTBMYBofA/Merrill's major pharma analysts hold an analyst/industry conference call
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07:27 EDTBMYBristol-Myers, AstraZeneca announces results of metreleptin study
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