According to Reuters, Nikon is seeing a sharp increase in demand from LCD makers. Reuters writes that the housing slump will last through 2009 and some home prices will drop 30%. Reuters…
Bristol-Myers (BMY) showed the world its equivalent of the old Soviet "Five Year Plan" today. All of the talk up front was about becoming "a next-generation BioPharma company that pairs the scale…
Douglas A. McIntyre Plavix from Bristol-Myers (BMY) is the medical drug-thinner of choice. According to CNN Money, sales of the drug "totaled $3.4 billion in sales during the first nine months" Now Eli Lilly (LLY)…
Medarex (NASDAQ:MEDX) is seeing shares being hit by a research note where Banc of America initiated coverage with a "SELL" rating. This is a fairly thin volume stock in pre-market trading, but…
We were screening options activity today and something came up that where bets had significantly grown from our prior coverage. Earlier this year we covered some strange biotech options activity after noting…
According to Reuters, Morgan Stanley (MS) plans to start a wealth management business in India. Reuters writes that Alan Greenspan said that US economic growth is slowing. Reuters writes that SAP (SAP)…
According to Reuters, Microsoft (MSFT) launched its Halo 3 game which is essential to driving Xbox sales. Reuters writes that the UAW struck GM (GM) as contract negotiations failed. Reuters reportst that…
Shares of Imclone Systems Inc. (NASDAQ:IMCL) are screaming higher this morning on it meeting its primary endpoint of increasing survival in its Phase III lung cancer studies. Imclone and partner Bristol-Myers Squibb…
Douglas A. McIntyre A new medical study shows that people who take statins, cholesterol-lowering drugs, appear to be less likely to develope Alzheimer’s, one of the most damaging and fastest growing diseases. Pfizer’s (PFE) Lipitor…
ADNEXUS THERAPEUTICS, INC. has filed to come public via an IPO with the filed amount to sell up to $86,250,000 in common stock. Adnexus has taken the proposed ADNX ticker on NASDAQ. …
Douglas A. McIntyre Stock Tickers: ABI, BBSI, BMY, CAP, CLUB, CVX, FCBP, GM, IPG, OMC, MIG, PER, PIR, SKH, SMSI, TRLG ABI raised to Outperform at Baird.BBSI raised to Strong Buy at JMP Securities.BMY raised…
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 increase, but…
According to Reuters, Microsoft (MSFT) will alter its Vista operating system so that it works better with Google (GOOG) and other companies that have search functions for the desktop. Reuters writes that…
(ALTH) Allos Therapeutics trading down 20% after its Phase III study of Efaproxyn failed to meet primary endpoint of improvement in overall survival.(BAY) Bayer raised guidance on Schering integration.(BMY) Bristol-Myers: FDA Grants…
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. Below is…