Month: December 2017

Bristol-Myers Squibb Company BMY announced that its late-stage study evaluating Opdivo versus docetaxel was stopped earlier than expected as it met the primary endpoint. The CheckMate-078 study was being conducted on mainly Chinese patients, who were previously treated for advanced or metastatic non-small cell lung cancer (NSCLC). […]

American Airlines Group AAL is one of the most well-known names in the airline industry. However, the company has been in the news for wrong reasons of late. […]

The fate of Lotus valve issue seems to be in limbo for some more time for Boston Scientific BSX . Recently, the company announces a delay to its earlier-reported timelines for the commercial return of the LOTUS Edge Aortic Valve System in Europe and the United States, following the product’s voluntary recall that took place back in February 2017. Following this sudden announcement, share price of the company dropped 8.4% over the last three days to reach $26.28 before closing the session on Nov 30. […]

Rumors are rife that CVS Health Corp. CVS is in advanced stages to acquire the health insurer Aetna Inc. AET for $66 billion. […]

Celldex Therapeutics, Inc. CLDX announced that it has started patient enrollment in a phase I study, evaluating its new candidate, CDX-1140, for treatment of patients with advanced solid tumors. Notably, CDX-1140 is a fully human antibody that targets CD40, an immune response activator. […]

CNX Resources Corporation CNX came into existence post the spin-off of CONSOL Energy (CONSOL). Natural gas has become the preferred choice for energy due to its clean burning nature. Let us find out whether this natural gas focused company has the necessary fire power to gain from the increasing demand for natural gas and share benefits with investors. […]

Every year, World Aids Day is celebrated on Dec 1 to raise public awareness about Acquired Immuno Deficiency Syndrome, popularly known as AIDS. The day is observed to make people aware about proper cure and prevention of the disease. In this regard, this year, the theme for the day this year is "Right to Health." This day also commemorates those who have died from an AIDS-related illness. […]

The fourth quarter of 2017 seems to escape the furies of Mother Nature after massive devastation caused by a series of catastrophe events occurred in the preceding quarter. However, the current had to initially bear the brunt of Californian wildfires. […]

Despite challenges like rising competition, pipeline setbacks, slowdown in growth of mature products and a generic competition for certain key drugs, the pharma and biotech industry has strengthened this year except for a small correction recently. A lot of factors were responsible for the recovery of the sector this year. […]

AVANGRID, Inc.’s AGR subsidiary — Avangrid Renewables — signed a contract with Google, a subsidiary of Alphabet Inc. GOOGL , to supply 196 megawatt (MW) of clean energy from new South Dakota wind farms. Per the agreement, the power produced from Avangrid Renewables’ Coyote Ridge and Tatanka Ridge Wind Farms in Brookings and Deuel counties will be sold to Google. […]

Standing on the first day of the last month of 2017, we can say that this year has been a blissful one for investors with markets attaining new highs. Evidently, the market has been on a roll, buoyed by an improving U.S. economy, favorable earnings reports and a supportive monetary policy […]

The fertilizer industry is showing signs of stability of late, taking succour from improved pricing and demand dynamics for certain major crop nutrients and a firming farm economy. While still-weak agricultural commodity prices remain a roadblock, strong usage in major consumer markets is driving demand for primary crop nutrients. […]

After being trapped in a narrow range between $45 and $55 per barrel for 12 months, oil prices finally broke out in November to hit their highest levels in more than two years. The commodity was supported by a variety of catalysts, including the OPEC-led production cut extension, lower inventory overhang and the temporary shutdown of a key pipeline connecting Canada to the United States. What’s encouraging is that the price appreciation extends an upbeat tone in crude trade into December following the third monthly gain in a row by the futures contracts, the longest such streak since early 2016. […]

The diversified transportation sector, which includes airline companies, railroads, truckers and shippers, to name a few, recovered in 2017 after struggling for most of 2016. An improving U.S. economy, substantial surge in manufactured and retail goods, and a sharp rebound in a number of end markets are expected to fuel growth of the transportation sector […]