It is always good to remember that just because stocks trade at intraday lows, it doesn’t mean that they are going to stay that way or that they are going to roll…
(AMGN) Amgen announced 12-14% layoffs and lowered guidance for 2007.(ANX) ADVENTRX Pharma announces fast track designation granted by the FDA for CoFactor for treatment of metastatic colorectal cancer.(AUXL) Auxilium Pharma receivef FDA…
According to Reuters, China Mobile’s (CHL) net rose 28%. Reuters writes that Amgen (AMGN) will fire 14% of its sales force. Reuters reports that Hasbro (HAS) will increase inspection of products from…
Amgen Inc. (NASDAQ:AMGN) did what Wall Street thought it would in its after-the-bell conference call. The biotech giant announced layoffs to the tune 12% to 14% of its workforce, which translates to…
Douglas A. McIntyre The U.S. Centers for Medicare & Medicaid Services issued its final ruling governing use of a class of anemia drugs including Amgen’s (AMGN) Aranesp .The CMOS guided doctors to restrict the use…
Amgen (AMGN) actually rallied a bit after hours yesterday. But, revenue growth was hard to come by. Amgen reported net income of $1.02 billion, or 90 cents per share, for the quarter…
According to Reuters, Microsoft’s (MSFT) CEO defended the company’s move heyond the desktop. Reuters writes that Amgen (AMGN) turned in better than expected results as several key drugs did well. Reuters reports…
Below is the short interest for key Nasdaq stocks for July, The figures compare July 13 with June 15. 2007. Company Short…
AFL raised to Overweight at Lehman.AMGN raised to Hold at Citigroup.ASBC cut to Underweight at Lehman.BUD raised to Hold at Citigroup.CKR started as Neutral at JPMorgan.EMN raised to Buy at Citigroup.EOG cut…
(AA) Alcoa trading up 6% after Rio Tinto gave a higher rival bid over Alcoa’s buyout offer for Alcan.(AAON) AAON announced a 3 for 2 stock split.(AL) Alcan gets a rival $38.1…
Below are the major short interest positions for stocks traded on Nasdaq for the period ending June 15 compared to comparable numbers for May. Company …
ACL started as Buy at Jefferies.AMGN started as Mkt Perform at Rodman & Renshaw.B started as Outperform at CIBC.CBB started as Buy at UBS.CHE started as Buy at Jefferies.CTL raised to Neutral…
Amgen (AMGN) is paying a hefty sum to diversify its Aranesp and Epogen franchises. The company is acquiring developmental-stage Ilypsa, a biotech company based in San Francisco that focuses on kidney disease…
Douglas A. McIntyre This weekend we have the mother of all future cancer treatment conferences: ASCO, or The American Society of Clinical Oncology. Cancer stocks in the last few weeks have been seeing a muted…
Stock Tickers: DNA, AMGN, NFLD, CELG, GILD, GENZ, ONXX, DNDN Jim Cramer has a video on TheStreet.com "Wall St. Confidential" showing how the biotech sector can be looked at with blow-ups. For…
