Gilead Sciences sees Stock Rise After Beating Expectations
During after-hours trading on July 26, biotechnology pharmaceutical company Gilead Sciences Inc.’s (NASDAQ:$GILD) stock went up by 2.6% to reach $76.10. The rise was largely due to Gilead Sciences’ release of its second quarter earnings …
Bristol-Myers Reported Q2 Profit Match and Revenue Beat, But Shares Still Fell 6.2%
On July 27, Bristol-Myers Squibb Co. (NYSE:$BMY) reported a Q2 profit match and revenue beat. However, shares fell 6.2% in pre-market trade after AstraZeneca’s late-stage clinical trial failed. Why did this affect the company’s stock? …
Tetraphase Pharmaceuticals Saw an Increase in Shares Today, Here’s Why!
Tetraphase Pharmaceuticals (NASDAQ:$TTPH) saw an increase in shares today. And when I say increase, I mean a whopping 27% increase. It all started after the Watertown, Massachusetts-based company disclosed positive top-line results for a phase …
HCA Healthcare’s Q2 Earnings Report Suggests The Company Has Had a Weak Quarter
Are you looking to invest in healthcare? If so, it’s important for you to know that HCA Healthcare Inc. (NYSE:$HCA), an American operator of healthcare facilities, has had a weak quarter. On Tuesday, in a …
After Reporting Q2 Profit and Revenue Beats, Biogen’s Shares Climbed 5.8%
Biogen Inc. (NASDAQ:$BIIB) reported Q2 profit and revenue beats on Tuesday, which caused Biogen’s shares to climb 5.8% in premarket trade.
Let’s dive into the numbers:
Earnings for the latest quarter …
Eli Lilly Releases Q2 Earnings Report, Beats Profit and Sales Expectations
On July 25, Eli Lilly & Company (NYSE:$LLY) reported a Q2 net profit that increased to $1.01 billion (95 cents a share) from $747.7 million (71 cents a share), in the same time frame in …
Private Equity KKR To Purchase Health Site WebMD and Health Supplement Company Nature’s Bounty Co.
It looks like private equity firm KKR (NYSE:$KKR) is on a bit of a health kick. On the morning of July 24, KKR announced that they will be buying a health supplement company named The …
The Latest Creation From the Cannabis Sector is a Cannabis-Infused Keurig Cup Line
Now that support for cannabis has grown to a majority, the question of national legalization is not so much a matter of “if” but “when.”
Until this point, the cannabis sector in California …
Shares of Sarepta Therapeutics Are Increasing By More Than 20%
On Wednesday, July 19, Sarepta Therapeutics Inc. (NASDAQ:$SRPT) brought in revenues that were much higher than expected in its Q2 earnings report. As a result, the stock increased by more than 20%.
According …
Vertex Pharmaceuticals Shares Increased 24% Today
On July 18, Vertex Pharmaceuticals Inc. (NASDAQ:$VRTX) shares skyrocketed in an after hours trading session. This added about $8 billion to the Boston-based company’s value. What caused the increase? Shares of the company soared after …