With Bill Ackman backing Valeant Pharmaceuticals $45 billion hostile takeover attempt for Botox maker Allergan, it appears as though activism has entered a new phase.
04/23/14 - 11:50 AM EDT
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Gilead delivered healthy earnings thanks to huge sales of its hepatitis C drug Solvaldi, even though insurers are pushing back about the price of the treatment.
04/23/14 - 10:18 AM EDT
U.S. stock futures are mixed; Apple and Facebook to report earnings after the closing bell on Wednesday; AT&T adds more than 1 million subscribers; JetBlue pilots vote to unionize.
04/23/14 - 07:50 AM EDT
Obamacare could significantly impact on the ability of pharma giants to sustain their pace of curative and life-saving innovations.
04/23/14 - 06:00 AM EDT
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Approximately one-quarter or your retirement expenses will be spent on healthcare so individuals need to save and invest accordingly, says Douglas Wolford, President of Convergent Wealth Advisors. Wolford says one idea is to start shopping early for a concierge doctor or an Accountable Care Organization (ACO). He also suggests procuring long term care insurance well before you need it. Finally, Wolford advocates keeping up with changes in health laws and practicing preventive medicine.
04/22/14 - 02:25 PM EDT
Cree, Discover, Gilead Sciences, Intuitive Surgical, Juniper Networks, Skyworks Solutions and VMWare also report earnings after the closing bell today.
04/22/14 - 08:51 AM EDT
U.S. stock futures are lower; Valeant is teaming up with activist investor Bill Ackman in a bid for Allergan; Novartis to buy GlaxoSmithKline's cancer-drug business for $14.5 billion; Netflix posts mixed first-quarter earnings.
04/22/14 - 08:01 AM EDT
Swiss pharmaceutical giant Novartis NVS announces a series of multibillion-dollar deals Tuesday.
04/22/14 - 06:32 AM EDT
Antibiotic-resistant 'superbugs' are spreading, and drug companies and their investors should take notice.
04/21/14 - 12:23 PM EDT
Nike's decision to scrap its Fuelband wearable device comes as a shock to all tech enthusiasts. In case you missed it, Nike has apparently fired the majority of the team responsible for Fuelband development, a total of 70 out of the 200 that make up the larger Digital Sports division. We share three surprising things that were learned from this shocking decision.
04/21/14 - 10:52 AM EDT
The recent large intra-week swings are having investors scratching their heads.
04/21/14 - 10:07 AM EDT
U.S. stock futures are rising; Pfizer reportedly hold informal talks about a merger with AstraZeneca; Kraft Foods recalls 96,000 pounds of hot dogs; Netflix to report earnings; GM boosts production in China.
04/21/14 - 06:47 AM EDT