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Stock Market & Financial Investment News

News Breaks
March 14, 2014
11:59 EDTCELGCelgene weakness an overreactions, says Wells Fargo
Wells Fargo said Celgene weakness related to the upcoming Markman hearing and the UK's The National Institute for Health and Care Excellence guidance that thalidomide vs. Revlimid should be considered in most second line MM patients is an overreaction. The firm said the Markman hearing has been an overhang but there are many steps needed before a final outcome and that the UK's decision is not meaningful given current reimbursement is only for 3rd+ line anyway. The firm would use weakness in Celgene as a buying opportunity and reiterates its Outperform rating.
News For CELG From The Last 14 Days
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October 1, 2014
07:39 EDTCELGCelgene reinstated with a Buy at BofA/Merrill
Target $112.
September 29, 2014
08:55 EDTCELGCelgene price target raised to $115 from $100 at RBC Capital
RBC Capital increased its price target on Celgene (CELG) as the firm now estimates that the company's new oral Crohn's disease drug GED-0301 will generate $1B in sales. The firm expects Celgene's stock to rise further as it predicts that Phase II data for the company's Crohn's treatment will be much better than the data for AbbVie's (ABBV) Crohn's treatment, Humira. RBC predicts that Celgene's long-term 2020 guidance will beat expectations if the company is able to reach a legal settlement with Actavis (ACT.). RBC Capital keeps an Outperform rating on Celgene.
07:26 EDTCELGInforma Business Information to hold a conference
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September 25, 2014
09:36 EDTCELGActive equity options trading on open
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September 24, 2014
13:17 EDTCELGCelgene continues rally after FDA approval of psoriasis drug
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07:01 EDTCELGCelgene OTEZLA to become important revenue generator, says Cantor
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September 23, 2014
15:21 EDTCELGCelgene announces FDA approves Otezla for treating plaque psoriasis
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September 22, 2014
07:21 EDTCELGEBD Group to hold a conference
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September 17, 2014
07:00 EDTCELGConcert Pharmaceuticals announces initiation of CTP-730 Phase 1 trial
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