Once patent protection expires on a prescription drug, the drug’s maker can take a serious beating in revenue and profitability. One way to make up for the loss is to get US…
Hitachi and Mitsubishi may merge (Reuters) Japan intervened in the yen (Reuters) Spain will offer bonds and the European Central Bank meets to examine option to help the country’s debt problems (Reuters)…
Merck & Co. Inc. (NYSE: MRK) released second-quarter results last Friday and Pfizer Inc. (NYSE: PFE) reported this morning. The results of both drug behemoths are largely in line with analysts estimates…
We have another very busy earnings week ahead for the second quarter reporting season. Some are DJIA components and some are sector-movers or market-movers. We are tracking earnings and giving previews for…
Some of the best known publicly traded companies in the world have stocks that will never reach their all-time highs again. Many of them are not troubled firms. In a number of…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Icagen, Inc. (NASDAQ: ICGN), Interdigital, Inc. (NASDAQ: IDCC), News Corporation (NASDAQ: NWSA),…
The balance between a potential downgrade of US debt and strong bank results left the market without conviction. That leaves open the issue of whether the American debt cap and the flood…
This is the Twitter-24/7 Wall St. market report for July 7, 2011.These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
Nothing compared to the negative press News Corp (NYSE: NWS) has gotten in the last three days as its The News of The World is accused of tapping the phone of a…
Congress and the Administration are closer to a conclusion of negotiations on the debt cap (Reuters) The finance minister of Greece said its viability is essential to the euro zone (Reuters) Canon…
There are several ways in which companies can return money to shareholders, but the two most common methods of returning cash to shareholders are dividends and stock buybacks. Dividends are rarely controversial…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Icagen, Inc. (NASDAQ: ICGN), Pfizer, Inc. (NYSE: PFE), Pain Therapeutics, Inc. (NASDAQ:…
Douglas A. McIntyre The FDA is about to give some serious warning labels on cigarette labels. Altria Group Inc. (NYSE: MO), Reynolds American Inc. (NYSE: RAI), Lorillard, Inc. (NYSE: LO) and Vector Group Ltd. (NYSE:…
Many drug companies face a what is called a patent cliff ahead, where the Big Pharma players will have key drugs go off-patent and there will be new generic competition. While this…
A blue ribbon jobs council told Obama to put fewer restrictions on construction and make it easier for tourists to visit the US. (Reuters) Indonesia backed LeGarde for IMF chief. (Reuters) Trouble…
