The nation's largest pharmacy benefit manager plans to control costs from new cholesterol drugs through discounts and restricting use.» Read More
It's all in the attitude today: Stocks rose after an improvement in consumer confidence. Stocks were already pointing higher as oil prices receded but that little shot of confidence pushed the Dow up to a triple-digit gain.
Two strategists, Stephen Wood at Russell Investments and John Manley at Citi Smith Barney, shared their market rebound strategies with CNBC.
The Dow tumbled on Monday as more credit and housing market turmoil battered financial shares.
Amgen reported a profit and sales that climbed higher and beat analysts' forecasts as sales of two key drugs topped expectations.
Stocks declined Monday, led by financials after two more banks folded. Oil ticked higher after three straight weeks of decline, clipping consumer-discretionary stocks, including homebuilders, airlines and retailers.
Merrill Lynch, Amgen, and some medical instrument outfits are getting a lot of options action this week, according to one observer.
Pete Najarian reveals 3 biotechs he feels provide the most bang for the buck?
Stocks declined Monday, led by financials after two more banks folded. Oil ticked higher after three straight weeks of decline.
Stocks were mixed Monday as banks rallied and oil gained more than $1 a barrel.
Shares of Amgen surged after the company reported positive trial results for its osteoporosis drug candidate denosumab—which one analyst terms "a future blockbuster."
Amgen surprised the market late on a summer Friday by announcing positive test results from the big, crucial study of its experimental osteoporosis drug. The stock shot up after hours and continues to rally this morning.
In the last month healthcare has emerged as the best performing sector in the S&P. Are drug makers a cure for your portfolio in this economic downturn?
An analyst predicts that gold will head into a bull market, and Washington Mutual increases its liquidity position. The following are today's top videos:
Amgen shares leaped in late trading Friday after the company said a pivotal trial of its experimental osteoporosis drug denosumab met its goal of significantly reducing the risk of bone fracture in post-menopausal women.
To give investors an edge, CNBC asked the market experts for their best trades now.
Fearing the two largest U.S. mortgage finance companies need a government bailout, investors pushed stocks lower Friday. What's the "Word On The Street?"
Big pharma makes strange bedfellows. Pfizer, Merck and Eli Lilly this morning announced they've launched a joint venture of sorts called, "Enlight Biosciences". They're doing it with the help of the Boston-based VC firm PureTech Ventures.
The S&P closed 20% below its all-time high set in October, making it the last of the three major U.S. stock indexes to fall into a bear market. What's the "Word on the Street?"
During the short holiday week, volatility ruled the markets, impacted by record oil prices, economic data, the auto industry and financials. How did the markets stack up?
Ahead of the long holiday weekend I thought this would be as good a time as any to once again go through the "Pharma's Market" mailbag. A couple of blog readers complained about my "short" story about Amgen.