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Stock Market & Financial Investment News

News For VVUS;JNJ;AZN;PFE From The Last 14 Days
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March 23, 2015
08:05 EDTPFEPfizer, Eli Lilly to resume Phase 3 chronic pain program for Tanezumab
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07:36 EDTAZN, PFEPfizer should rise 'significantly' over next two years, says Jefferies
Jefferies analyst Jeffrey Holford told investors this morning that he expects shares of Pfizer (PFE) to appreciate "significantly" over the next two years. A survey of U.S. oncologists indicated the company's Ibrance drug will be used in 50% of first line hormonal therapy within one year, with off-label use in all lines of therapy including adjuvant, Holford noted. He thinks peak sales of the drug could top $13B, which is well above consensus. In addition, the analyst views Pfizer's Global Established Pharmaceutical business as being underappreciated by the market. Potential value creating options for the pharmaceutical giant include spinning off its GEP unit by 2017 and accretive acquisitions, with possible takeover targets being Shire (SHPG), Actavis (ACT), AstraZeneca (AZN) and GlaxoSmithKline (GSK), in the eyes of Holford. He added the stock to the firm's Franchise Picks list, which encompasses its best ideas. He also raised his price target for Pfizer to $45 from $42. The stock closed Friday up 10c to $34.25.
March 20, 2015
13:03 EDTPFEPfizer says oral tofacitinib meets primary endpoint in Phase 3 trials
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07:55 EDTPFE, AZNAstraZeneca seen as potential target again if oncology drugs lag, Bloomberg says
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07:41 EDTPFEAmerican Academy of Dermatology to hold annual meeting
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March 19, 2015
11:00 EDTPFEPfizer participates in a conference call with Bernstein
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08:37 EDTAZNNektar and Daiichi Sankyo to commercialize Movantik in the U.S.
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March 18, 2015
17:09 EDTPFEPfizer CAPiTA published in New England Journal of Medicine
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March 17, 2015
14:10 EDTAZNIGI Laboratories recent sell-off a buying opportunity, says Craig-Hallum
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05:35 EDTJNJJohnson & Johnson to invest $10M in UK government fund to fight dementia
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March 16, 2015
15:04 EDTJNJPharmacyclics says committee recommends unblinding after primary endpoint met
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07:30 EDTAZNAmerican College of Cardiology to hold an expo
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06:40 EDTPFEPCSK9 studies show potential improvement in heart health, WSJ says
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