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Bristol-Myers' HIV-1 Drug Approved In Europe
Thursday, July 16, 2015 - 12:07pm | 329Shares of Bristol-Myers Squibb Co (NYSE: BMY) were boosted higher on Thursday after the company announced the European Commission approved its Evotaz for the treatment of HIV-1 in adults. Evotaz (atazanayir 300 mg and cobicistat 150 mg) is a daily tablet to be taken with other antiretroviral...
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Markets Debut Week On Negative Note; S&P 500 Falls Through Key Level
Monday, October 13, 2014 - 4:57pm | 1971U.S. markets began the week on a negative note after markets sold off in the final two hours of trading on no major news catalyst. The S&P 500 fell through its 200-day moving average of 1,905, a key technical level for fundamental investors and traders. The last time the index broke its 200...
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Goldman Sachs Reiterates Neutral on Bristol Myers Squibb and AstraZeneca
Monday, June 27, 2011 - 8:12am | 75Goldman Sachs reiterated its Neutral rating on Bristol Myers Squibb (NYSE: BMY) and AstraZeneca (NYSE: AZN). On Friday, AstraZeneca added 0.22% to its value to close the week at $49. Its shares lost all of Friday's gains in today's pre-market trading, however, falling 1.24% to $48.29. At the same...
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Morgan Stanley Upgrades Bristol Myers Squibb to Overweight, Raises PT to $34
Thursday, June 23, 2011 - 8:19am | 158Morgan Stanley upgraded its rating on Bristol Myers Squibb (NYSE: BMY) from Equal-weight to Overweight. At the same time, Morgan Stanley raised its price target on the company's stock from $28 to $34. In a research report published today, Morgan Stanley stressed the company's new product apixaban...
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BMY to Acquire ZGEN for $9.75/Share
Wednesday, September 8, 2010 - 11:32am | 89ZymoGenetics, Inc. (NASDAQ: ZGEN) has announced that the company will be acquired by Bristol Myers Squibb Company (NYSE: BMY) for $9.75/share (or ~$885M), and is believed by Oppenheimer to be attractively priced to investors at a ~77% premium to ZGEN's $5.51 closing price. Oppenheimer has suspended...
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Bristol-Myers Has PT Raised By Jefferies Int'l
Thursday, August 12, 2010 - 9:54am | 83Bristol Myers Squibb Company (NYSE: BMY) reported 2Q results allude to potential for revenues in the future, according to Jefferies International, who believes that the shares are priced for perfect execution of the late-stage pipeline. Jefferies has raised the price target for BMY to $28.80 from $...
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Big Pharma Will Trade On the Following Fundamentals: Morningstar Says Big Pharma Well Positioned
Friday, January 22, 2010 - 2:14pm | 407In a research report dated 1/21/10, Morningstar healthcare analyst Damien Conover CFA says big pharma is poised to win, no matter what the outcome of health reform in Congress is. That’s because a single payer, or governmentt run insurance plan is unlikely. Big Pharma should trade on the following...