We’re in the thick of earnings season, which means some of the most prominent industry leaders are set to report their quarterly results. Tomorrow morning, Israel-based drug developer Teva Pharmaceutical Industries (NYSE:TEVA) is set to join the crowd and release its first-quarter financial results.
Teva’s had a bumpy ride
Teva, which offers both brand-name and generic....More>>>
Make way for some waves. CVS Health (CVS) and Express Scripts (ESRX) have released their formulary exclusion list for 2017, which details which prescription drugs will not be covered by health plans.
Why do we care? Commercial payors have been showing signs of pushing back against high drugs costs, which is a huge concern for drug companies and their investors. The coverage list determines....More>>>
Westport, CT, based Investment company Westport Asset Management Inc buys IPG Photonics, Darden Restaurants, Synopsys, Time Warner, Anadarko Petroleum, EOG Resources, CVS Health, General Electric Co, Ross Stores, Check Point Software Technologies, sells Universal Health Services, TJX, National Western Life Group, Rogers, MGIC Investment during the 3-months ended 2016-12-31, according to the most....More>>>
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Each week Forcerank administers a handful of contests designed to answer one simple question: will stock ABC perform better than stock XYZ this week? After extensive testing, we confirmed that the consensus rankings delivered a high persistence of accuracy. Using a market neutral strategy the data produced 19% annualized returns with a resounding 2.75 Sharpe Ratio. By looking at changes in the data,....More>>>
Volkswagen AG (VLKAY) shares were under pressure Wednesday after prosecutors searched the headquarters of its Audi Group division as part of an ongoing probe into the use of ‘cheat devices’ in diesel emissions engines.
The probe overshadowed the luxury brand’s full-year earnings, which showed operating profits had fallen by some 40% last year to just over 3 billion.....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins