5 March, 2015 by The TZ Newswire Staff Comments Off on AbbVie Makes Cancer Therapy Push
AbbVie Makes Cancer Therapy Push
The price is 39 percent higher than Pharmacyclics’s closing price on Feb. 24, the day before Bloomberg News reported that the company was considering a deal. The purchase would help AbbVie reduce its reliance on Humira, its best-selling rheumatoid arthritis treatment while expanding into cancer therapy, one of the most promising areas of drug development. It would gain control of Imbruvica, an easy-to-use pill that costs about $100,000 a year, avoids certain serious side effects of chemotherapy, and is already approved for four different blood cancer uses.
5 March, 2015 by The TZ Newswire Staff Comments Off on German factory orders down more than expected in January
German factory orders down more than expected in January
German factory orders, a key indicator for Europe’s biggest economy, dropped much further than expected in January, led by a big drop in demand from other eurozone countries. Orders were down 3.9 percent …
5 March, 2015 by The TZ Newswire Staff Comments Off on Need to Know: Mark Cuban: This tech bubble is ‘far worse’ than back in 2000
Need to Know: Mark Cuban: This tech bubble is ‘far worse’ than back in 2000
What a week for Mark Cuban.
5 March, 2015 by The TZ Newswire Staff Comments Off on This is what investors need to see: Strategist
This is what investors need to see: Strategist
Markets are fully valued and investors are getting mixed signals, resulting in a pause after the Nasdaq hit 5,000, strategists tell CNBC.
5 March, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Hillary Clinton’s emails trouble some Democrats
The Wall Street Journal: Hillary Clinton’s emails trouble some Democrats
Some Democrats are uneasy about the reports involving Hillary Clinton’s use of a private email account during her time as secretary of state and her foundation’s fundraising practices, calling on her to break her silence and personally address the two controversies.
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5 March, 2015 by The TZ Newswire Staff Comments Off on Expect more volatility in oil: Exxon CEO
Expect more volatility in oil: Exxon CEO
Expect more volatility in oil, with prices to staying around current levels, Exxon Mobil CEO Rex Tillerson told CNBC.
5 March, 2015 by The TZ Newswire Staff Comments Off on Costco’s profit tops estimates on tax benefit
Costco’s profit tops estimates on tax benefit
Costco Wholesale Corp reported a better-than-expected quarterly profit, helped by a tax benefit related to its special cash dividend last month.