Celgene Gets OncoMed Cancer Pipeline, Maybe Dirt Cheap
OncoMed Pharmaceuticals just went from being an obscure biotech to one on the map with more security than it had. The company can thank Celgene for this development.
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 26Activist Investor Demands New Abercrombie CEO
ThinkstockJoining what should be a large chorus calling for replacing Abercrombie & Fitch Co. (NYSE: ANF) CEO Michael Jeffries, activist investor Engaged Capital, headed by Glenn Welling, has sent a letter to the A&F’s…
Virtual Currency vs. Metal: Will Bitcoin Outperform Gold Again in 2014?
Wikimedia CommonsThe craze behind Bitcoin has been monumental. Some might even call it silly. In some ways, Bitcoin is acting just like gold did, but on steroids. Investors and speculators wanting an alternative currency…
Why Unemployment and Payrolls Could Wreck Stocks on Friday
Jon OggThis Friday will bring the Employment Situation report from the U.S. Labor Department. Ben Bernanke and team at the Federal Reserve have only had to worry about their employment target, since inflation has…
QEP Resources Yields to Activist Investor
ThinkstockWithout ever speaking the name of its antagonist, QEP Resources Inc. (NYSE: QEP) announced Tuesday morning that it will pursue a separation of QEP Field Services Company and its interest in QEP Midstream Partners…
October Home Price Gains Show Expected Slowdown
ThinkstockHome prices rose 11% in October, compared with the same month a year ago, for a 20th consecutive monthly year-over-year gain, according to research firm CoreLogic Inc. (NYSE: CLGX). Home prices rose 0.2% from…
Top Analyst Upgrades and Downgrades: Apple, 3D Systems, Micron, Tesla and More
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Tuesday, December 3, 2013. They include Apple, 3D Systems, Micron Technology and Tesla Motors.
Jefferies Top Merger and LBO Stock Picks for 2014
thinkstockLeveraged buyout (LBO) activity within the specialty retail space has heated up over the past year and a half, with the completion of the Rue 21 takeout in October the most recent deal. The…
Happy Holidays: Potash Corp. Slashes Jobs
thinkstock‘Tis the season for companies to try to cut the last little bit out of expenses so they can show investors that they can make the tough decisions and get that stock price back…
Cyber Monday Success: Online Sales Set New Record
ThinkstockOnline shopping on Cyber Monday lived up to its billing, topping Black Friday’s online sales of around $2 billion with a new record of $2.29 billion. That is very close to an estimate of…
Six Tech Stocks for 2014 Under Activist Investor Pressure
ThinkstockActivist investing firms have been raising the pressure on companies that either have underperformed or that are sitting on a mountain of cash that is returning very little value to shareholders. We have taken a…
Rio Tinto Announces Debt Reduction Plans
London-based mining giant Rio Tinto said Tuesday that it plans slash its capital expenditure budget from around $14 billion this year to $11 billion in 2014 and $8 billion in 2015.
SAAB Gets Ready for Another Crushing Failure
courtesy of National Electric Vehicle SwedenFor some reason, the latest owner of the SAAB car business believes it can resurrect an auto brand that is among the most thoroughly destroyed in the past several years. Saab…
Eight States With the Highest Minimum Wages
ThinkstockThe White House recently announced President Barack Obama’s support for a Senate bill that would increase the federal minimum wage to $10.10 an hour. While it remains to be seen whether the bill will…
Six Things That Could Cause the Market to Drop 20%
Photo by Spencer Platt/Getty ImagesRBS says stocks could rise 30% next year. A slew of other investment banks and market analysts may not be that optimistic, but there is plenty of talk about the Dow Jones…