Short Sellers Continue to Decrease Bets in Major Pharma
The short interest data have been released for the October 30 settlement date, and for most of the selected pharmaceutical stocks, short interest was down.
The short interest data have been released for the October 30 settlement date, and for most of the selected pharmaceutical stocks, short interest was down.
ThinkstockOctober 28, 2015: Markets opened higher on Wednesday and bounced of intra-day lows following the FOMC announcement which led investors to believe that interest rates may rise in December. Energy markets were…
Pfizer and Merck both released their third-quarter earnings on Tuesday morning. So, which drug giant is looking better after earnings?
The October 15 short interest data have been compared with the previous figures, and for most of the selected pharmaceutical stocks, short interest was mixed.
Merckis expected to report its third-quarter financial results before the markets open on Tuesday.
24/7 Wall St. has put together a preview of Apple, Exxon and some of the major Dow Jones Industrial Average companies that are reporting their quarterly results this week.
24/7 Wall St. screened the Merrill Lynch research universe for pharmaceutical stocks paying solid dividends that are rated Buy, and found four outstanding companies.
ThinkstockOctober 22, 2015: Markets opened higher on Thursday on a better-than-expected report on new claims for unemployment benefits, but the better news for investors is that European Central Bank is ready to…
ThinkstockOctober 20, 2015: Markets opened lower on again on Tuesday as investors trailed along after mixed Asian and European equities markets. In Europe prospects for further central bank easing dimmed, while in…
ThinkstockOctober 16, 2015: Markets opened higher on Friday following an expected drop of 0.2% in U.S. industrial production and a surprise jump of 2.5 points in the consumer sentiment index. Crude oil…
thinkstockOctober 13, 2015: Markets opened lower on Tuesday following disappointing economic data from China and a lack of any U.S. data, good or bad. All sectors traded in the red with about…
The September 30 short interest data have been compared with the previous figures, and for most of the selected pharmaceutical stocks, short interest was mixed.
thinkstockOctober 7, 2015: Markets opened higher on Wednesday tagging along on a rise in European equities. The upbeat start gave way to a loss of enthusiasm following the release of U.S. crude…
24/7 Wall St. has collected several big FDA decisions coming up on the calendar for the month of October and added some color.
Wikimedia CommonsIf there was ever a time when investors are thrilled to see the calendar change it could be now. With the fourth quarter just starting, many are more than relieved to…