Exelixis, Inc. (NASDAQ:EXEL) CEO Michael Morrissey sold 40,000 shares of Exelixis stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $24.64, for a total value of $985,600.00. The transaction was disclosed in a filing with the Securities & Exchange Comm
Last week, I examined mid-cap stocks and talked about why they’re a happy hunting ground for investors today. To summarize, investors have poured money back into U.S. stocks after the January swoon, as economic indicators are confirming that the U.S. economy remains on a growth path, with positive trends for employment and consumer spending, with low inflation and interest rates.
During his lifetime, Prince amassed a fortune worth over $300 million. His death might prove to be even more of a windfall.
According to reports, the mysterious singer left behind a trove of unreleased songs in his vault.The release of these songs could translate into substantial sales and revenue for his estate in the future.
The presence of a vault of unreleased Prince songs has....More>>>
BMO Capital Markets analyst M. IanSomaiya and team take a look at the “clinical readouts through the end of 2016″ and find upside catalysts for Celgene (CELG), Amgen (AMGN), Biogen (BIIB), and Gilead Sciences (GILD) They explain:
Paulo Fridman/Bloomberg News
Celgene: We believe positive data from the mongersen Phase 2 endoscopy study should move shares higher if....More>>>
Deutsche Bank’s John Inch and Karen Lau argue that Honeywell International (HON) is “achieving Asian critical mass.” They explain:
After over a decade of aggressive and earnest Asian investment including seed planting and cultivation of local Asian talent, we believe Honeywell has emerged from behind other western countries in China and the rest of Asia to leading position....More>>>
Related HPQ Should Investors Shift Away From 'Old Tech' Legacy Stocks Into Cloud-Based Platforms? Will Investors Care If HP Cuts Guidance? After Hours: HP Spinoff To Spin Off; Bayer Upbeat On Monsanto (Investor’s Business Daily) Related TIF Nomura Previews Tiffany's Q1 Earnings: 'The Value....More>>>
Related InterCloud Systems Wins Contracts Worth Over $3.6M InterCloud Gains 27%, Company Announces Sale Of Certain Assets For $24 Million Related NTIC Stocks Hitting 52-Week Highs Earnings Scheduled For January 7, 2015
Rite Aid Corporation (NYSE: RAD) is estimated to report its....More>>>
The crowd piled into investment-grade bonds last week as economic worries triggered an exodus out of risky assets. Reviewing the major asset classes for the week just passed through an ETF lens reveals sharply divided results. The safe-haven trade generated handsome gains for several ETFs representing broad measures of the global fixed-income realm for the five trading days through Feb. 5. Even....More>>>
Regeneron Pharmaceuticals (REGN) lost a patent case with Amgen (AMGN) and now a judge will have to make a decision regarding an injunction on sales of Praluent. Citigroup’s Robyn Karnauskas and Mohit Bansal provide and update:
We spoke to Regeneron regarding the timelines of the injunction decision in the PCSK9 patent case and the company noted that the Judges opinion could come in....More>>>
Shares of oil stocks plunged again as the price of West Texas Intermediate wiped out nearly half of its late-January rebound. Sluggish demand growth and stubbornly high supply has had investors whipsawed for months.
In all the confusion, it is difficult not to look at the long-term picture and be positive on oil and shares of energy companies. The dramatic cut in the North American rig....More>>>
If you’re looking for a graduation gift that will make a lasting statement, consider giving a portfolio of high-quality, dividend-paying stocks. This gift can result in a value of hundreds of thousands (or possibly millions) of dollars, over the long term. But yes, you can afford it!
See Also: 9 Best Income Investments Other Than Dividend Stocks
This past Monday, March 11, President Trump unveiled his fiscal 2020 budget proposal for the federal government. As a reminder, fiscal years for the federal government end on Sept. 30 and begin on Oct. 1. Unveiling a budget months in advance of the actual implementation is supposed to allow Cong