The Pfizer (PFE) deal to buy Wyeth (WYE) for $68 billion looks like a single M&A deal which will break the drought in investment banking activity, but only for a ... Read Full Story »
According to Reuters, The National Association of Business Economics survey found that members believe that the economy has it its worst period in 27 years.Reuters reports that Pfizer (PFE) is ... Read Full Story »
Companies, even really big ones with hundreds of thousands of employees, can only fire so many people. At some point the core functions like accounting and marketing need enough personnel ... Read Full Story »
According to Reuters, Samsung had its first ever quarterly loss.Reuters reports that Pfizer (PFE) is in takeover talks with Wyeth (WYE), a deal that would be worth $60 billion.Reuters reports ... Read Full Story »
These are some of the top pre-market analyst downgrades we have seen this Thursday morning with more than two hours until the market opens:Air Products (APD) Cut to Hold at ... Read Full Story »
There may be some speculation that drug giant Pfizer Inc. (NYSE: PFE) is looking at expansion through acquisitions. The FT reported that the world's largest pharmaceutical company is willing to ... Read Full Story »
These are some of the top analyst upgrades we have seen this Friday morning:Abercrombie & Fitch (ANF) Raised to Hold at Jefferies.Bristol-Myers Squibb (BMY) Started as Buy at Goldman Sachs.Career ... Read Full Story »
These are some of the key downgrades or negative calls we are seeing from analysts this Friday morning with more than two hours to the open:First Mercury (FMR) Cut to ... Read Full Story »
These are not the only analyst calls today, but these are the top ten analyst calls that 247WallSt.com is looking at in early pre-market trading:Ahold (NYSE: AHO) raised to Overweight ... Read Full Story »
According to Reuters, Merrill Lynch (MER) raised enough money to increase its capital by $5.7 billion.Reuters writes that US shoppers came out in strength over the "Super Saturday" weekend. Sales ... Read Full Story »
Wyeth's (WYE) shares are off 10% over the last three months, and trade near their 52-week low. The stock is about to go lower. The company disclosed the receipt of ... Read Full Story »
As you will see, the short interest changes in medical and drug stocks of the active NYSE-listed names was a bit of a mixed bag. GlaxoSmithkline (GSK) saw the lagest ... Read Full Story »
Stock Tickers: MRK, PFE, JNJ, GSK, SGP, LLY, WYE, NVS, NVOOn tonight's MAD MONEY on CNBC, Jim Cramer said he keeps getting asked about Big Pharma drug stocks. He'd rather ... Read Full Story »
Some sectors showed mixed results in the short selling, but the Big Pharma and medical instruments and related companies saw an increased activity in short selling in May versus April. ... Read Full Story »