US stocks advanced on Wednesday on better than expected economic data. Shares also rose as US mortgage rates fell to the lowest in more than three decades.[More...]
US stocks finished with gains on Tuesday as investors greeted Treasury's move to provide $5 billion in rescue package to GMAC, the financing arm of troubled automaker General Motors.[More...]
Looking back through 2008, the Healthcare sector has hit some huge hurdles. Patent concerns and expirations were worries for all major firms, the Department of Justice hit Med Tech with fines, Big Pharma made thousands of job cuts, Managed Care got demolished with enrollment cuts, and investors struggled to find much, ...
Looking back through 2008, the Healthcare sector has hit some huge hurdles. Patent concerns and expirations were worries for all major firms, the Department of Justice hit Med Tech with fines, Big Pharma made thousands of job cuts, Managed Care got demolished with enrollment cuts, and investors struggled to find much, if any safety in the whole sector. Going forward, 2009 will be quite an interesting year in the markets and the ever-so struggling economy. More M&A activity and consolidation will not only be seen within the Financials sector, but will also spread across other sectors. We have seen this ramp up quite a bit in Due to lofty predictions by some analysts regarding unforeseen buyouts of large Biotech firms by Big Pharma, heated debates on the Street will be prevalent. Some names that have been thrown out are Merck buying Gilead and Pfizer purchasing Amgen. Although those are pretty big bets, nonetheless, it will[More...]
Companies featured in this segment: Arrow Energy Limited (ASX:AOE), ExxonMobil (NYSE:XOM), Chevron (NYSE:CVX), CF Industries Holdings Incorporated (NYSE:CF), Merck & Company Incorporated (NYSE:MRK), National Semiconductor Corporation (NYSE:NSM), Transneft AK OAO (RTC:TRNFP), Gazprom OAO (RTD:GAZP), ENI SpA (NYSE:E), FPL Group Incorporated (NYSE:FPL), Progress Energy Incorporated (NYSE:PGN), and General Motors Corporation (NYSE:GM).