Weekly Top Biotech and Medical Business Articles
From BioHealth Investor by H.S. AyoubBioHealth Investor.com The following articles were the most popular at BioHealth Investor for the week of March 17 – March 23. This list can also be found on the…
All Work
Douglas A. McIntyre
Kasriel Recession-Warning Indicators Flashing Red
From Investment Intelligencer With the exception of Messrs. Roubini and Roach, the vast majority of Wall Street economists are still whistling Dixie. Another exception, previously noted here, is Northern Trust’s Paul Kasriel. Kasriel hasn’t…
According to Asha Bangalore, new home sales declined again in February and are now running at a pace not seen since June 2000 (see March 26 Daily Global Commentary) The supply of new homes, meanwhile, rose to 8.1 months, a level not seen since 1991. And
According to Asha Bangalore, new home sales declined again in February and are now running at a pace not seen since June 2000 (see March 26 Daily Global Commentary) The supply of new homes,…
So…YouTube’s Toast?
From Internet Oursider Some traditional content companies finally got their act together and announced a communal video distribution site. So is YouTube toast? No. How is it not toast? Let us count the ways.…
BlueLine Capital Books Some Profits in Sonic Innovations (SNCI)
From 13D Tracker In an amended 13D filing after the close Friday on Sonic Innovations Inc. (Nasdaq: SNCI), BlueLine Capital disclosed a 4.6% stake (1.2 million shares) in the company. This is down from…
EDGAR (EDGR) Holder Regan Partners To Drop Plans for a Proxy Fight
From 13D Tracker In an amended 13D filing on EDGAR Online Inc. (Nasdaq: EDGR), 8.52% holder Regan Partners said it has determined not to proceed with a proxy fight to nominate new directors in…
Octavian Management Discloses 5% Stake in Midwest Air Group (MEH), Would Support Higher Offer from AirTran (AAI)
From 13D Tracker In a 13D filing on Midwest Air Group Inc. (AMEX: MEH), Octavian Management, LLC disclosed a 5% stake (1.2 million shares). The firm also letter to management of the company relating…
What to Make of CMGI at $2.50
There is a new sheriff in town as fas as widely held stocks and most actively traded stocks. It is CMGI (CMGI). CMGI has been a baffling case and a great turnaround story at…
CombinatoRx, Maybe Not As Bad As It Looked
CombinatoRx (CRXX) is still down in after-hours trading, but nowhere near the levels that it looked like the stock was trading at. The stock was initially down more than 20% after the news came…
Cramer Pick: Activist Investors & Underperforming Management
Cramer also has a pick of underperforming management and activist activity. This pick is PDL BioPharma (PDLI-NASDAQ). The company gets royalties from Avastin and Herceptin from Genentech, but the company has made many bad…
PC Makers Off Suicide Watch As Vista Sales Rise?
Microsoft (MSFT) has already sold 20 million copies of Vista. That is much faster than sales of Windows XP sales in it first month. The news is good for two parties. The first is…
Cramer Names VF Corp to a Trusted CEO List
Cramer said that he is also a cynical and skeptical man, but sometimes you need to trust people to make you many. Some CEO’s can make you more money if you take what they…
Cramer’s Next Biosite Type Pick
On CNBC’s MAD MONEY tonight, Cramer showed where his Biosite (BSTE) that he recommended one month ago has been given a buyout and is up 50%. But what he wants to do is look…
Biotech Implosion: CombinatoRx (CRXX)
If having a difficult to say and spell name wasn’t bad enough, issuing poor study results will do it. CombinatoRx, Inc. (CRXX-NASDAQ) just announced preliminary results of a Phase II clinical trial studying CRx-139…
52-Week Low Club (MAR 26, 2007)
Amgen (AMGN) $57.14 (-1.5%)As the FDA keeps talking up generic biotech drugs, Amgen is the first at risk. It actually closed up 3% from the $57.11 low so it avoided the lows intraday but…
Two Less Followed Stent-Related Companies At Risk
There are two companies that are not as frequently referred to in stent-land, and depending on how you interpret today’s news that stents don’t improve lives any better than dugs alone could really bite…
Cramer Picks on Stop Trading (MAR 26, 2007)
On CNBC’s STOP TRADING segment, Cramer said that the looting at Tyco (TYC) was real and that is why "Big Koz" went to jail. Freeport-McMoRan (FCX) was a stock that was giving away free…
Big 3 & Bush Make No Impact on Stocks
President Bush today met again with the top executives of the US Auto Industry. The common goals of "helping" the US auto industry is still a bit odd because the industry doesn’t want to…
Cramer on High Oil & Gold
In today’s Wall Street Confidential video on TheStreet.com, Cramer said the standoff in Iran should keep oil prices higher. The higher oil prices may reignite the earnings in the sector. Cramer thinks that Iran…
Citigroup’s Chuck Prince Won’t Take a Hint
Citigroup (C-NYSE) needs to make it 15,001. Chuck Prince told Reuters that he wouldn’t comment on the reports of layoffs. What is ironic here is that Citigroup is down today. Sure you can blame…