Gilead, Idenix Slug it Out (GILD, IDIX)
When biotech company Gilead Sciences Inc. (NASDAQ: GILD) made a deal last month to acquire Pharmasett for $11 billion, no thought it would pay off so soon. Especially the folks at Idenix…
When biotech company Gilead Sciences Inc. (NASDAQ: GILD) made a deal last month to acquire Pharmasett for $11 billion, no thought it would pay off so soon. Especially the folks at Idenix…
Earnings season is still upon us. There are going to be many big earnings reports Thursday and we would consider Thursday as the climax for the companies reporting their normal fourth quarter…
Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN) has been on fire due to the rapid interest of hepatitis C treatments and the bidding of players in the sector. With Merck & Co. (NYSE: MRK) driving further…
The biotech sector has seen its share of ups and downs in 2011 and prior years. It is almost always the case that some of the top performing stocks each year come…
This last week had some very interesting and influential analyst calls. We compile summaries of many top analyst upgrades, downgrades, and initiations each morning from Wall Street research calls and we then…
Reported strong consumer spending over the Thanksgiving holiday weekend pushed stocks up sharply at the opening this morning and gains have been held throughout the day. New home sales figures were slightly…
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this morning. Agnico-Eagle Mines Ltd. (NYSE: AEM) Cut to Hold at Canaccord Genuity. Avalon Rare Metals…
Gilead Sciences Inc. (NASDAQ: GILD) is trading higher this Monday on a top research upgrade. The biotech was raised to the Conviction Buy List by Goldman Sachs. Its new price target is…
These are some of Wednesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Aetna, Inc. (NYSE: AET) named Bull of the Day at Zacks. Big Lots Inc. (NYSE:…
Stocks opened a bit lower this morning, but almost immediately turned around without being able to break through the opening numbers. Revised third-quarter US GDP numbers were worse than expected, falling to…
These are some of Tuesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Amgen Inc. (NASDAQ: AMGN) Cut to Market Perform at BMO. AutoNation Inc. (NYSE: AN) Raised to…
Stock prices plunged this morning and spent most of the day trading way down. The DJIA hovered around -300 points for most of the day, while the NASDAQ was off around -50…
Crude oil is at $96.43, down 1.29% Gold is at $1,766, down 0.74%. Hong Kong’s Hang Seng closed down 1.44% to 18,226. Japan’s Nikkei closed lower by 0.32% to 8,348. The U.S.…
Gilead Sciences Inc. (NASDAQ: GILD) is trading lower on news that it is spending some $11 billion to buy Pharmasset, Inc. (NASDAQ: VRUS). What is interesting is that Pharmasset was valued only…
We have compiled a detailed list of expected upside in the biotech sector. The sector has consolidated and now there is about to be a rush of earnings reports from tomorrow’s emerging…