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Stock Market & Financial Investment News

News For MRK;PFE;GSK;JNJ;BMY;NVS;SHPG;ABT;CELG;SNY From The Last 14 Days
Check below for free stories on MRK;PFE;GSK;JNJ;BMY;NVS;SHPG;ABT;CELG;SNY the last two weeks.
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May 20, 2013
10:03 EDTSHPG, BMYShire advances after report renews takeover speculation
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09:51 EDTCELGCelgene management to meet with JPMorgan
Meetings to be held in Boston on May 22-23 hosted by JPMorgan.
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.
07:29 EDTNVSDeutsche Bank to host a conference
dbAccess Asia Conference 2013 is being held in Singapore on May 20-22.
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 EDTSHPG, BMYLeerink 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 EDTSHPG, BMYShire may return cash to thwart takeover, Daily Mail reports
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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
16:20 EDTNVSNovartis drug Afinitor extended time without disease progression in women
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13:21 EDTBMYOptions with increasing implied volatility: CPRT BMY GDI HNZ
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08:03 EDTSNYSanofi reports positive topline results from pivotal Phase III Jakarta study
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06:19 EDTJNJJ&J to end sales of of metal-on-metal hip replacements, Bloomberg reports
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05:51 EDTCELGStocks with implied volatility movement; CBST CELG
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05:18 EDTSNYSanofi says JAK2 inhibitor for myelofibrosis met primary endpoint
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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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11:50 EDTCELGCelgene, Gilead lower after new data published at ASCO
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08:55 EDTBMY, MRK, PFEBofA/Merrill's pharmaceuticals analysts hold analyst/industry conference call
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