If there wasn’t enough already wrong with the FDA drug approval process, diabetes drug Byetta, created for patients by Elli Lilly (LLY) and Amylin Pharmaceuticals (AMLN) is killing more people. The news…
Douglas A. McIntyre These are not all of the analyst upgrades or positive calls, but these are some of the calls we are seeing with a possible impact on shares early Monday morning: Beacon Roofing…
According to Reuters, large Yahoo! (YHOO) holder Capital Research want to know whether vote counts from the company’s annula meeting were accurate. Reuters writes that the Fed is seen as holding rates…
According to Reuters, Robert Steel was named the new CEO of Wachovia (WB) and the bank said it would have a quarter loss of $2.6 to $2.8 billion. Reuters writes that the…
Last night was a novel release from the American Society of Clinical Oncology (or ASCO) as the society decided to publish all of the findings to the public at once. Keep in…
According to Reuters, Carl Ichan will fight to get Yahoo! (YHOO) to accept Microsoft’s (MSFT) bid. Reuters writes that the Senate has reached an agreement on a housing rescue. Reuters reports that…
Chelsea Therapeutics International, Ltd. (NASDAQ: CHTP) falling today after first quarter earnings showed wider losses than first quarter 2007. Net loss was $8.7 million compared to a loss of $3.8 million in…
Amylin Pharmaceuticals (NASDAQ: AMLN) reported first quarter losses of $68.8 million, or $0.51 EPS, wider than the $49.4 million in the first quarter of 2007. Losses are credited to a drop in…
Douglas A. McIntyre Transition Therapeutics Inc. (NASDAQ: TTHI) is seeing shares surge in after-hours activity. It has signed a pact with Eli Lilly and Co. (NYSE: ELY) where Lilly will acquire exclusive rights to its…
Douglas A. McIntyre At least once a year, and probably more often, a big drug company makes a settlement or faces suits over not disclosing the bad effects of one or more of its products.…
Douglas A. McIntyre We are right in the thick of earnings season and below is a snapshot of some of the key earnings reports with price changes if available: Air Tran (NYSE: AAI) -$0.02 EPS…
Below is the top news that 247WallSt.com is focusing on that is impacting stocks in pre-market trading activity: Adobe Systems (ADBE) traded down 2% after beating earnings and slightly raised guidance. ATS…
Below is some of the top pre-market news affecting individual shares that 247WallSt.com is reviewing: AMERCO (NASDAQ: UHAL) announce a $50 million share buyback plan. Children’s Place Retail Stores (NASDAQ: PLCE) NOV…
ACA cut to Underperform at Credit Suisse.ACW raised to Neutral at UBS.AMSC started as Buy at Jefferies.ATPG cut to Underperform at RBC.BSC cut to Equal Weight at Lehman.BSY cut to Neutral at…
According to Reuters, Chuck Prince stepped down at CEO of Citigroup (C) and the bank indicated it may have to write off as much as another $11 billion. Reuters writes that shares…