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Stock Market & Financial Investment News

News Breaks
September 28, 2012
06:39 EDTABT, ILMN, RHHBY, LIFEIllumina, Life Technologies seek acquisiitons in DNA market, Bloomberg reports
The two major makers of DNA sequencing equipment, Illumina (ILMN) and Life Technologies's (LIFE), are moving to buy smaller firms in a strategy that will stake out a market expected to reach $8B by 2014 and $25B within 10 years, reports Bloomberg. Reference Link
News For ILMN;LIFE;RHHBY;ABT From The Last 14 Days
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May 21, 2013
10:00 EDTLIFEOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Acquity Group (AQ) downgraded to Neutral from Buy at Roth Capital... Beazer Homes (BZH) downgraded to Neutral from Buy at Sterne Agee... CME Group (CME) downgraded to Neutral from Outperform at Macquarie... Carnival (CCL) downgraded to Neutral from Buy at UBS... Coach (COH) downgraded to Equal Weight from Overweight at Morgan Stanley... Deutsche Bank (DB) downgraded to Neutral from Overweight at JPMorgan... First Republic Bank (FRC) downgraded to Hold from Buy at Jefferies... Franklin Resources (BEN) downgraded to Neutral from Outperform at Macquarie... Life Technologies (LIFE) downgraded to Underperform from Outperform at CLSA... Oil States (OIS) downgraded to Neutral from Buy at Sterne Agee... Raymond James (RJF) downgraded to Market Perform from Outperform at Wells Fargo... VF Corp. (VFC) downgraded to Market Perform from Outperform at Wells Fargo... WellCare (WCG) downgraded to Neutral from Buy at Goldman... Huaneng Power (HNP) downgraded to Neutral from Buy at Citigroup... Comerica (CMA) downgraded to Neutral from Buy at DA Davidson... Beazer Homes (BZH) downgraded at Sterne Agee... Oil States (OIS) downgraded at Sterne Agee... eHealth (EHTH) downgraded to Neutral from Buy at Lazard Capital... Carnival (CCL) downgraded to Market Perform from Outperform at Wells Fargo... Warner Chilcott (WCRX) downgraded to Neutral from Positive at Susquehanna.
08:03 EDTABTAbbott announces CE Mark for coronary drug eluting stent
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06:26 EDTLIFELife Technologies downgraded to Underperform from Outperform at CLSA
CLSA downgraded Life Technologies citing the takeout bid by Thermo Fisher. Price target is $76.
May 20, 2013
17:26 EDTRHHBYRegeneron, Genentech, Sanofi enter into 'Zaltrap agreement'
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17:20 EDTRHHBYRegeneron,, Bayer, Genentech resolve certain patent disputes
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14:06 EDTILMNIllumina says Verinata reimbursements exceeding expectations
At the UBS Healthcare Conference earlier today, Illumina (ILMN) CFO Marc Stapley said adoption for the company's Verinata prenatal test has met expectations, while reimbursement for the test has exceeded expectations, adding that its relationship with PerkinElmer (PKI) has allowed the company to obtain significant coverage decisions. In afternoon trading, shares of Illumina are up $1.48, or 2.06%, to $73.48.
10:11 EDTABTOn The Fly: Analyst Upgrade Summary
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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
11:59 EDTILMNOptions with decreasing implied volatility: ILMN LO A HES INFY CSCO
11:39 EDTILMNHigh option volume stocks: GNK VNDA BYI ARUN BYI ILMN
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May 15, 2013
17:36 EDTLIFEPaulson gives quarterly update on stakes
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17:26 EDTILMNThird Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN).
15:59 EDTRHHBYRoche exploring sale of blood glucose meters unit, Reuters says
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12:13 EDTRHHBYRoche management to meet with Jefferies
Meeting to be held in London on May 17 hosted by Jefferies.
11:38 EDTRHHBYRoche says FDA approves Tarceva tablets for specific lung cancer situation
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06:36 EDTILMNIllumina to partner for automation of sample preparation kits
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May 14, 2013
16:55 EDTRHHBYFDA approves Roche's cobas EGFR mutation test with Tarceva
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10:24 EDTILMNIllumina management to meet with JPMorgan
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05:44 EDTLIFEBanks work deals from both sides of the field, WSJ reports
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May 13, 2013
08:55 EDTRHHBYBiosimiliar drug bill to be taken up in Senate, LA Times reports
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