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Posts tagged "drugs"

Cocaine is to blame

Baffled by recent stock market volatility?Don’t be.Silvio’s men have the answer. Oct. 10 (Bloomberg) — Italian Prime Minister Silvio Berlusconi’s Undersecretary...

AstraZeneca makes analyst cry

Here’s an early contender for the most amusing analyst research note of 2011.It comes from London-based Druganalyst, which was one of the top 10 independent equity research...

Chasing Value: Analysts’ Bad Advice on Arena

Filed under: Analyst Upgrades and Downgrades, Forecasts, Rants and Raves, Competitive Strategy, Chasing Value[TM]What good are analysts who are consistently wrong? For instance, take Arena Pharmaceuticals (ARNA) after FDA Panel Votes Against Arena's Di...

Looking to Play Defense? Buy Pfizer

Filed under: Earnings Reports, Pfizer (PFE)Pfizer Inc. (PFE) reported a blowout second quarter this morning prior to the opening bell. Net income attributable to the company increased to $2.475 billion compared to $2.261 billion in the year-ago quarter...

Allergan Second Quarter Earnings Preview

Filed under: Earnings Reports, Forecasts, Products and Services, Competitive Strategy, Allergan (AGN)Drug manufacturer Allergan, Inc. (AGN) will be reporting its second quarter results on Monday, with analysts expecting to see an 8% earnings increase f...

Walgreen and CVS Caremark in Benefits Row

Filed under: Rumors, Walgreen Co (WAG), CVS Corp (CVS)CVS Caremark (CVS) has received notice from Walgreen (WAG) that the latter would not participate as a provider in any new prescription drug plans awarded to CVS's pharmacy benefit manager after June...

Health Insurers Get Brief Relief on Proposed Tax

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Insurance companies just bought themselves a year. Claiming that a proposed tax on health insurance would force them to charge higher premiums, carriers were able to convince senators to defer this particular measure for a year.

This comes as a benefit to...

Madoff: Chillin’ with mobsters and spies

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Bernie Madoff is getting used to his new neighbors. Gone are the days of Montauk and Manhattan, and he isn't sharing his space with topless dancers.

Now, he says goodnight to...

Some big names setting new highs today: STAR, GG, PIR, EBAY

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Some big names setting new highs: INTC, STX, SGP

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Warner Chilcott strikes a healthy deal for P&G unit

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The dealmaking continues apace in the drug sector. Today, Warner Chilcott plc (NASDAQ: WCRX) agreed to shell out $3.1 billion for the global pharma business of Procter & Gamble (NYSE: PG). The deal...

Wyeth (WYE) shareholders approve sell to Pfizer (PFE)

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Weth Pfizer mergerThe mega pharmaceutical merger between Wyeth (NYSE: WYE) and Pfizer (NYSE: PFE) is one step closer to becoming official today after overwhelming approval by Wyeth shareholders.

The shareholder vote to sell Wyeth to Pfizer was...