-
Biotech In The Earnings Spotlight: Amgen, Celgene, Gilead Sciences
Sunday, July 24, 2016 - 4:03pm | 873Three leading biotech companies will step into the earnings spotlight this week. Consensus forecasts from Wall Street analysts call for earnings growth from just two of them. And only one of them has topped estimates by double-digits in recent quarters. While the biotechnology industry has had a...
-
Short Interest In Abbott Labs And Baxter International Doubles
Thursday, May 26, 2016 - 8:24am | 563Short interest in a number of stocks surged in the most recent settlement period. Two health care stocks were among those leading that trend in the first weeks of May. The number of shares short in one of them doubled for the second period in a row. It does not appear that short sellers have "...
-
Short Interest In Baxter International And Celator Pharmaceuticals Doubles
Thursday, May 12, 2016 - 8:52am | 747Short interest in a number of stocks surged in the most recent settlement period. Two healthcare stocks were among those leading that trend in the final weeks of April. Shares of both rose in the period, but only one held on to that gain. With the markets surging last month and the S&P 500...
-
Big Biotech In The Earnings Spotlight
Tuesday, April 26, 2016 - 8:08am | 735The three largest biotechs are set to share their latest quarterly results this week. Wall Street analysts are looking for solid to strong growth from all three. However, expectations are lower for many other biotech and pharmaceutical companies reporting this week. The three largest public...
-
Mixed Earnings Expectations For Merck And Pfizer
Sunday, January 31, 2016 - 8:21pm | 549Pharmaceutical giants Merck & Co., Inc. (NYSE: MRK) and Pfizer Inc. (NYSE: PFE) are expected to post quarterly results this week. Analysts are looking for different top and bottom line results from each. A few other pharmaceutical and biotech companies are on deck this week as well. Two of...
-
Market Wrap For March 27: Markets Lower Following Mixed Economic Data
Thursday, March 27, 2014 - 5:39pm | 2145U.S. stocks were slightly lower as positive labor market data clashed with fourth quarter GDP estimates that showed the economic expanded less than economists had expected. Major indices finished slightly lower as the Nasdaq index continues to see its losses fall sharper compared to the Dow and...
-
Market Wrap For March 17: Investors Focused On Economic Data Instead Of Crimea Concerns
Monday, March 17, 2014 - 4:45pm | 2393U.S. stocks rose as investors focused on positive economic data rather than the tense situation in Ukraine. Economic reports showed that U.S. industrial production rose in February. President Obama imposed sanctions against Russian and Crimea officials following an election on Sunday which...
-
Alexion, Pharmacyclics Buck Trend in Biotech Short Interest (ALXN, CELG, PCYC)
Saturday, September 14, 2013 - 11:47am | 910Declining short interest in Alexion Pharmaceuticals (NASDAQ: ALXN) and Pharmacyclics (NASDAQ: PCYC) bucked the trend among leading biotech and emerging pharmaceutical companies between the August 15 and August 30 settlement dates. The number of shares sold short in Amgen (NASDAQ: AMGN), Biogen...
-
Moves in Smaller Health Care Stocks (ANAC, HALO, PBYI, QCOR)
Saturday, March 23, 2013 - 11:33am | 835Some smaller health care companies saw unusual movement in their stocks on Friday. And not just in Anacor Pharmaceuticals (NASDAQ: ANAC), Halozyme Therapeutics (NASDAQ: HALO), Puma Biotechnology (NYSE: PBYI) and Questcor Pharmaceuticals (NASDAQ: QCOR), which are discussed below. But also ACADIA...
-
Short Interest Swings in Biotech Stocks (ALXN, AMGN, CELG)
Thursday, February 28, 2013 - 4:13pm | 841The short interest in biotech and emerging pharmaceutical companies was mixed again in the first two weeks of February. The number of shares sold short in Arena Pharmaceuticals (NASDAQ: ARNA), Illumina (NASDAQ: ILMN) and Vertex Pharmaceuticals (NASDAQ: VRTX) grew somewhat between the January 31...
-
Top Performing Dividend Payers in Health Care with the Most Upside Potential (TRIB, STE, CMN)
Tuesday, October 23, 2012 - 5:42pm | 591It is not unusual for stocks on a tear to the overrun their mean price targets, which is a signal of how far analysts on average expect the share price to climb. Many of the top performing dividend payers in the health care sector over the past six months, such as Eli Lilly (NYSE: LLY) and PDL...
-
St. Jude, Novo Nordisk and Other Health Care Stocks Worth a Look Now
Wednesday, March 21, 2012 - 7:20am | 1030While the fate of the 2010 health care reform law may rest in the hands of the Supreme Court, the nation's focus on health care has returned for the moment. For investors, the following health care picks all pay a dividend and have seen double-digit percentage growth in their share price since the...
-
Caterpillar, Discover Financial and Other Illinois Primary Stock Picks
Tuesday, March 20, 2012 - 6:42am | 1149Today, Illinois holds its Republican Primary, as the candidates hope to add to their delegate counts. Polls show a close race between frontrunners Mitt Romney and Rick Santorum. While the focus is on Illinois, let's have a look at the stocks of some of the many corporations headquartered in the...
-
Top Performing Health Care Stocks in January
Wednesday, February 1, 2012 - 7:32am | 981Here's a quick look at some of the top performing health care stocks, year to date. These stocks all have a market cap of more than $1 billion and all pay a dividend. Baxter International (NYSE: BAX) is more than 11% higher than a month ago, and more than 17% higher than a year ago. The company...
-
UPDATE: Morgan Stanley Raises PT on Baxter International from $58 to $63
Friday, July 22, 2011 - 7:34am | 234Morgan Stanley has published a report on Baxter International (NYSE: BAX) raising the price target from $58.00 to $63.00. In the report, Morgan Stanley wrote, "Another strong quarter with improving margins and EPS growth increases visibility on upside to 2H11 and 2012 estimates. Baxter's guidance...