-
Biotechnology Stocks Swing On Major News: Gilead Sciences, HCA Holdings, Tenet Healthcare, Spectrum Pharmaceuticals, MannKind, Sequenom, ACADIA Pharmaceuticals, Dendreon, Community Health Systems
Gilead Sciences, Inc. (NASDAQ:GILD) expected to hold European Society of Cardiology Congress 2013 on Aug 31, 2013. The has the market capitalization of $87.16 billion, enterprise value of $93.52 billion. The company has the price over sales value of $8.76 whereas its price over book value of $8.58 for the most recent quarter. HCA Holdings…
-
Biotechnology Volume Gainer: Dendreon Corporation (NASDAQ:DNDN) Trading Stops
Dendreon Corporation (NASDAQ:DNDN) tumbled around 16% in previous session, as triggering a trading bring to a close, following the biotechnology firm announced lower than anticipated sales for its centerpiece cancer drug, Provenge. Dendreon’s stocks trading were stop and constraints on short sales for the stock were triggered in an attempt to maintain shares from drop…
-
The growth of biotech industry is being driven by two major factors – (VVUS, ARNA, SQNM, DNDN)
The Biotech Industry has rallied this year as the higher number of new drug approvals has raised investor confidence within the industry. The iShares NASDAQ Biotechnology Index (ETF) (NASDAQ:IBB) and SPDR S&P Biotech (ETF) (NYSEARCA:XBI) have both risen over 25 percent so far in 2012. There was another key factor behind the Biotech Industry’s success…
-
The Biotechnology Industry Strives to Attract Investors with Strong Gains – (PPHM, DNDN, QCOR, ARNA)
The Biotechnology Industry has gained greater investor attention this year as it strives to impress with solid rally. The iShares NASDAQ Biotechnology Index ETF (IBB) has shown an advance of more than 35 percent in 2012, more than double as compared to the S&P 500 Index’s gain of 15 percent. The factors contributed the industry’s…
-
The BIO Sponsored Three-Day Convention Opening Today – (ARNA, GILD, PPHM, DNDN)
Livestock biotechnology meeting, a three-day convention, is set to take place in Kansas City this week with a focus on discussion over global issues through genetically engineered animals. The Biotechnology Industry Organization has sponsored the meeting opening on Wednesday. The event will have presentations on the use of genetically engineered animals for animal health, human…
-
Biotech M&A Acitivity Stands At Its Best – (ARNA, DNDN, SRPT, GILD)
Companies in the biotechnology industry continue to be some of the best gainers in the markets as encouraging legislation, such as the FAST and TREAT acts, have helped increase investor confidence within the industry. The iShares Nasdaq Biotechnology Index Fund moved up more than 27 percent in this year, handedly outperforming the Dow Jones industrial…
-
Biotech Stocks Manage To Resist The Broad Market Weakness And Rough Trading Acitivty – (ARNA, DNDN, ZLCS)
Despite a change in the broad market which appeared during March of current year, companies in the biotechnology industry have managed to resist the general market weakness and generally rough trading environment that caused confusion among investors. Many believe bio-tech is a part of contrarian strength in a weak economic situation because the cure for…
-
Encouraging Economic Reports Unable To Support Stocks’ Rally; Apple Inc. (NASDAQ:AAPL) Sharply Up and Facebook Inc (NASDAQ:FB) Hits Another Low
U.S. stocks are trading mixed today while European equity markets ended a three-day gaining streak and oil slipped on concern central banks may not deliver adequate measures this week to reduce worries about a global slowdown. While there appeared a handful of encouraging economic reports, investors were mostly cautious and keeping an eye central bank…
-
Top Gainers For 2012 Among Biotech Stocks – (SPPI, ARNA, GILD, CELG, BDSI, THLD, SRPT, DNDN)
Biotechnology industry, which features companies such as Gilead Sciences, Inc. (NASDAQ:GILD) and Celgene Corporation (NASDAQ:CELG), is turning out to be a favorite among investors trying to raise their alternatives. The indsutry gains so far this year are led by BioDelivery Sciences International, Inc. (NASDAQ:BDSI) and Threshold Pharmaceuticals, Inc. (NASDAQ:THLD). Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) shares…