Hedge fund manager Dan Loeb gave the investment rationales for two stocks and commentary on the market in a investor letter to clients.» Read More
Cramer’s convinced the best way to for this health care company to maximize shareholder value is to break up.
Take a look at some of Tuesday's midday movers:
Weekly jobless claims will be more important than usual for markets Thursday, after an uneven series of claims reports this month and a surprisingly weak March employment report.
While the S&P 500 has climbed 11.75 percent in the past three months, the health care sector has only managed to muster a 2.3 percent climb over the same time period. But underperformance tends to be cyclical.
Amid all the bullishness about stocks this year, the swine flu play may be getting lost. Yes, one of the most effective strategies has been betting on shares of companies that benefit from the higher-than-expected flu cases.
A flood of earnings reports, including major technology and industrial companies, could make or break the stock market’s surprise January rally in the week ahead.
CNBC Contributor Barbara Ryan is taking the pulse of health care stocks at this year's "Woodstock" of health care.
Stocks finished slightly lower across the board Tuesday after wavering in a narrow range for most of the session as investors remained cautious amid the ongoing "fiscal cliff" discussions in Washington.
Drug maker Baxter International said it will buy privately held Swedish company Gambro for about $2.76 billion to broaden its dialysis product portfolio.
Take a look at some of Tuesday's morning movers.
*Biogen hemophilia A drug effective in trial. BOSTON, Oct 31- Biogen Idec Inc said on Wednesday its experimental treatment for patients with hemophilia A, a disorder that inhibits coagulation of the blood, controlled bleeding with fewer treatments in a late-stage clinical trial. Glenn Pierce, Chief Medical Officer for Biogen's hemophilia program.
Baxter International Inc. fell$. 82 or 1.3 percent, to $61.16. Bristol-Myers Squibb Co. fell$. 68 or 2.0 percent, to $33.36. Johnson& Johnson fell$. 82 or 1.1 percent, to $70.96.
Among the earnings stories for Thursday, Oct. 18, from AP Business News:. _ Morgan Stanley reported higher revenue and net income for its third quarter thanks to gains in its bonds and asset management businesses.
DEERFIELD, Ill.-- Drug and medical device maker Baxter International reported third-quarter results Thursday that edged 1 percent higher as the company trimmed expenses, meeting Wall Street expectations. The company's profit rose slightly to $583 million, or $1.06 per share, from $576 million, or $1.01 per share, in the prior-year period.
Oct 11- Baxter International Inc:. *PiperJaffray raises Baxter International price target to $73 from. Reuters Station users, click. 1568.
Oct 10- Baxter International Inc:. *Barclays raises Baxter International Inc price target to $63 from. Reuters Station users, click. 1568.
Oct 9- Baxter International Inc:. *Says expects to increase sales approximately 5 percent over its five-year long-range plan. *Sees generating cash flow from operations of approximately $4.5 billion by the year 2017.
Detailed results were revealed for the first time Monday at an American Neurological Association conference in Boston. "It's certainly not the home run we all wanted, but we're very encouraged by these results," said Maria Carillo, chief science officer for the Alzheimer's Association, which had no role in the research.
Take a look at some of Tuesday’s morning movers:
Cramer makes the call on viewers' favorite stocks.