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Stock Market & Financial Investment News

News Breaks
February 26, 2013
06:24 EDTMRK, BMYMerck, Bristol-Myers diabetes drugs tied to pancreatitis risk, Bloomberg says
Diabetes drugs sold by Merck & Co. (MRK) and Bristol-Myers Squibb Co. (BMY) may double a user’s risk of developing an inflammation of the pancreas linked to cancer and kidney failure, according to the analysis today in the journal JAMA Internal Medicine, reports Bloomberg. Both drugs increase GLP-1, a hormone that stimulates insulin production from the pancreas. Reference Link
News For MRK;BMY From The Last 14 Days
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May 22, 2013
16:16 EDTMRKFDA panel votes 13-3 that Merck insomnia drug safe in low doses, Bloomberg says
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16:00 EDTBMY, MRKOptions Update; May 22, 2013
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14:52 EDTMRKFDA panel says Merck insomnia drug effective as sleep aid, Bloomberg reports
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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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09:39 EDTMRKActive equity option families trading
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07:45 EDTMRKFDA Peripheral & Central Nervous System Drugs Advisory Committee holds a meeting
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06:05 EDTBMYBristol-Myers upgraded to Buy from Neutral at Citigroup
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May 21, 2013
18:56 EDTMRKOn The Fly: After Hours Movers
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17:03 EDTMRKMerck announces $5B share repurchase
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17:01 EDTMRKMerck announces $5B accelerated share repurchase
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07:44 EDTMRKSachs Associates to host a forum
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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
17:49 EDTMRKMerck sleep drug effective, dosages questioned, WSJ reports
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10:03 EDTBMYShire advances after report renews takeover speculation
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07:32 EDTMRKSociety for Information Display / IHS to host a conference
Display Week 2013 is being held in Vancouver, British Columbia on May 19-24.
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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