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AstraZeneca stock holds 26% upside on 'multitude of pipeline catalysts', says Jefferies

AstraZeneca stock has the potential to push above $61 per share, aided in part by the drug maker's …

Carla Mozée   


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Alexion Pharmaceuticals soars 35% after AstraZeneca agrees to $39 billion takeover

The deal has clear gains for both sides, but AstraZeneca's shares slid 6% after news of the UK firm…

Shalini Nagarajan   


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AstraZeneca is acquiring Alexion Pharmaceuticals in a $39 billion pharmaceutical deal

AstraZeneca on Saturday announced it was acquiring Alexion Pharmaceuticals in a $39 billion deal, a…

Kevin Shalvey   


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The CEO and CFO of rare disease drugmaker Alexion just left the company

The departures come at a moment of "great corporate strength and momentum," Alexion chairman Dr. Le…

Lydia Ramsey,Reuters   


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Moderna spikes 11% to record highs after it is selected to be added to S&P 500

Alexion Therapeutics, which is set to be acquired by AstraZeneca, will be replaced by Moderna in th…

Matthew Fox   


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US stocks gain as jump in retail sales in June points to steady pace of economic recovery

US stocks gained on Friday after a day of market declines as investor concerns about rising inflati…

Matthew Fox   


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Dow slides 300 points to cap off first weekly decline in a month amid inflation worries

If inflation doesn't cool off soon, the Fed could be forced to change course sooner than it has bee…

Matthew Fox   


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Emma Court   


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7 mins read

10 surprises that could rock biotech stocks in 2020, from a Regeneron acquisition, to big sales for key drugs on the cusp of launching

One approach that has caught attention is the link between responses to treatments and the microbio…

Lydia Ramsey   


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Dow climbs 215 points as investors find hope in latest stimulus negotiations

A bipartisan $908 billion stimulus measure is expected to be formally introduced on Monday. Congres…

Ben Winck   


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Emma Court   


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The latest big biotech merger is sending this stock up 125%

"Synageva is an ideal strategic and operational fit for Alexion that aligns with what we know well …

Akin Oyedele   


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5 mins read

Investors should be watching these 12 promising drugs in 2019 - but there's one key argument against buying shares in their drugmakers

Triple-negative breast cancer is an aggressive form of the disease, quicker to recur and spread. Im…

Emma Court   


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Morgan Stanley has pinpointed 3 strategies for stock traders to use as they decide what to buy in 2020. Here's what they are - and which stocks fit into each.

He's recommending companies with strong returns on invested capital since the Global Financial Cris…

Marley Jay   


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US stocks waver as investors weigh vaccine distribution against new lockdown measures

New York City Mayor Bill de Blasio warned that the city should prepare for another full shutdown as…

Ben Winck   


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Stocks close mixed as the US and China resume deputy-level trade talks

Microsoft climbed to a record intraday high after announcing a $40 billion share buyback program an…

Daniel Strauss   


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Stocks rise as traders are reassured the Fed will cut rates in September

Shares of Facebook tumbled as much as 2.4% after New York Attorney General Letitia James announced …

Daniel Strauss   


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Stocks whipsaw after weak consumer-confidence reading rattles investors

The early gains were reversed after the University of Michigan said its consumer-sentiment index re…

Daniel Strauss   


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Stocks plunge as weak manufacturing data highlights the pain of the trade war

Analysts from UBS predict Hurricane Dorian could cost insurance companies more than $25 billion as …

Daniel Strauss   


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Stocks finish mixed as traders weigh weak economic data ahead of Fed speech

A gauge for American manufacturing posted a contraction in August for the first time in almost a de…

Daniel Strauss  Â