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Bristol announces it will reaffirm its earnings guidance, and Glaxo acquires a 16% stake in South African firm Aspen Pharmacare.

Health Winners and Losers: AstraZeneca

05/11/09 - 05:26 PM EDT

AstraZeneca's blood-thinner outperforms Plavix in a late-stage trial, and Baxter's heparin is being investigated, according to a report.

AT&T is reportedly close to a $2.5 billion deal to buy pieces of Alltel Corp. from Verizon.

Chips Pummeled; Nvidia Swings to Loss

05/07/09 - 06:35 PM EDT

Widely held semiconductor stocks get a blistering, and Nvidia swings to a loss.

Google's CEO says he doesn't plan to resign from Apple's board despite a federal antitrust investigation.

GlaxoSmithKline is divesting its U.S. rights to Wellbutrin, sales of which have slipped 70%, as part of its strategy to reshape its U.S. business.

Genentech says the FDA has granted accelerated approval of its drug Avastin to treat a type of brain cancer.

Chip Stocks: Intel, Atmel Get Soggy

05/06/09 - 05:30 PM EDT

Investors dunk Intel in the red, and Atmel gets downgraded amid disappointing quarterly sales.

Tech Winners and Losers: Microsoft Cuts

05/05/09 - 06:17 PM EDT

Microsoft reportedly follows through on cuts announed in January.

Intel, Other Chips Lead Tech Higher

05/04/09 - 03:32 PM EDT

Chip stocks are leading the tech sector higher, with Intel and AMD among the biggest winners.

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