1 May, 2014 by The TZ Newswire Staff Comments Off on Up 50%: Merrimack Pharmaceuticals’ Groundbreaking News
Up 50%: Merrimack Pharmaceuticals’ Groundbreaking News
1 May, 2014 by The TZ Newswire Staff Comments Off on Are Investors Putting Too Much Faith In Novo Nordisk?
Are Investors Putting Too Much Faith In Novo Nordisk?
Novo Nordisk carries a steep multiple, but also an uncommonly strong franchise in biopharmaceuticals
1 May, 2014 by The TZ Newswire Staff Comments Off on Pharma M&A: It’s Back
Pharma M&A: It’s Back
Novartis, GlaxoSmithKline, and Eli Lilly do a three-way trade, while Merck is reportedly offloading its consumer health-care unit.
1 May, 2014 by The TZ Newswire Staff Comments Off on Why This Company Isn’t Joining the Merger Blitz
Why This Company Isn’t Joining the Merger Blitz
1 May, 2014 by The TZ Newswire Staff Comments Off on S&P ends flat ahead of jobs report; Internet names gain
S&P ends flat ahead of jobs report; Internet names gain
The S&P 500 ended nearly flat on Thursday as investors paused ahead of Friday’s jobs report, though gains in Internet shares helped lift the Nasdaq. The Dow eased back into negative territory for the year, …
1 May, 2014 by The TZ Newswire Staff Comments Off on LinkedIn’s sales outlook again falls short
LinkedIn’s sales outlook again falls short
LinkedIn Corp (LNKD) forecast 2014 revenue below Wall Street’s expectations on Thursday, underscoring concerns about its ability to sustain its rapid growth and helping to drag its shares more than 3 percent lower. The social networking company, which is geared toward connecting professionals with prospective employers, foresees revenue of $500 million to $505 million this quarter, compared with an average Wall Street forecast of $505.1 million.
1 May, 2014 by The TZ Newswire Staff Comments Off on Strong consumer spending, factory data buoy U.S. growth outlook
Strong consumer spending, factory data buoy U.S. growth outlook
U.S. consumer spending recorded its largest gain in more than 4-1/2 years in March and factory activity accelerated last month, reinforcing views the economy was regaining steam. Consumer spending increased 0.9 percent in March after rising by 0.5 percent in February, the Commerce Department said. That was also the largest gain since August 2009 and put consumer spending on a strong upward trajectory heading into the second quarter.