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Medicines Company News

Dow, S&P 500 and Nasdaq End at Record Highs on Trade-Deal Hopes, Merger Activity

Stocks finished strong Monday as all three major indexes ended at records, boosted by trade optimism and a wave of merger deals.

Novartis Reaches $9.7 Billion Deal to Buy Cholesterol Drug Maker Medicines Co.

Medicines Co. shares hit a record high Monday after the cholesterol drug maker reached a $10 billion takeover deal with Swiss pharmaceutical giant Novartis AG.

Tiffany, Schwab, Novartis, 'Frozen 2,' Jerome Powell - 5 Things You Must Know

U.S. stock futures rise as trade optimism and a mini-wave of merger deals boosts market sentiment; France's LVMH agrees to buy the U.S. jeweler Tiffany for $16.2 billion; Novartis reaches a deal to buy cholesterol drugmaker Medicines Co. for $9.7 billion; Disney's 'Frozen 2' makes $127 million domestically in its weekend debut.

Dow Futures Extend Gains, Global Stocks Bounce as Trade Optimism Lifts Sentiment

U.S. equity futures jumped higher Monday, pulling all three major benchmarks back towards all-time peaks, as investors added to bets of a near-term trade pact between Washington and Beijing and reacted to a mini-wave of merger deals that boosted market sentiment around the world.

Novartis to Swallow Up The Medicines Company for $9.7 Billion

Novartis said its main target in the buy was The Medicines Company's specialty cholesterol drug inclisiran that performed well in late-stage clinical trials.

Breaking News

Elon Musk Says Only Two Things Could Make Him Leave Tesla

Tesla CEO Musk discusses succession plans and Twitter with shareholders.

Caesars Inches Closer to Huge Las Vegas Strip Move

The company has made clear what it plans on the Las Vegas Strip, but it has a fast-approaching deadline.

Elon Musk Has Bad News About Tesla's Cybertruck

Long-delayed futuristic looking electric vehicle will be in production by the middle of 2023