Shire

The 2022 year has started quietly for SPACs, with no deals announced in the first five trading days of the year. Although two new SPAC rumors have popped up since the market closed on Friday and both involve a well-known name in the SPAC space. Akili Interactive: A company that specializes in...

This weekend's Barron's believes a popular e-commerce giant is poised to outrun the market. The prospects for an Irish biotech, an auto replacement parts maker and a Korean tech giant are also examined. This issue also includes the latest Barron's Mutual Fund Quarterly. "EBay Shares Could Rise...

Short interest in many of the leading biotech stocks shrank in the most recent period. Two stocks in particular stood out as leaders of that trend in those two weeks. Shares of one of those two stocks rose while the other slumped during the period. Short sellers moved on only a few of the leading...

Short interest in many leading biotech stocks declined in the most recent period. Bucking that trend is a biotech company that soon will be acquired by an overseas peer. Short sellers retreated most sharply from a biotech that some analysts now see as a value stock. Between the March 31 and April...

The three largest biotechs are set to share their latest quarterly results this week. Wall Street analysts are looking for solid to strong growth from all three. However, expectations are lower for many other biotech and pharmaceutical companies reporting this week. The three largest public...

Shares of Shire PLC (ADR) (NASDAQ: SHPG) were trading higher by 1.80 percent at $189.34 early Monday morning while shares of Baxalta Inc (NYSE: BXLT) spiked higher by more than 5 percent at $42.20 after the companies confirmed a merger agreement. Shire and Baxalta announced on Monday morning that...

Baxalta Inc (NYSE: BXLT) shares are up 3.4 percent on Thursday afternoon on the back of a newly issued Reuters report that calls for a merger with Shire PLC (ADR) (NASDAQ: SHPG) to be announced as soon as Monday. According to the outlet, Shire is preparing to unveil a $32.5 billion offer for...

Short interest moves in leading biotech stocks were mixed in the most recent period. However, Illumina, Inc. (NASDAQ: ILMN) and Baxalta Inc (NYSE: BXLT) saw sharp increases in their short interest in late November. Short sellers appeared to lose interest in Juno Lighting LLC (NASDAQ: JUNO) late in...

Short interest changes in biotech stocks were mixed during the most recent period. Baxalta Inc (NYSE: BXLT) and Juno Therapeutics Inc (NASDAQ: JUNO) saw short interest surges in late September. Short interest in Medivation Inc (NASDAQ: MDVN) plunged during that time. With the ongoing market...

Shire PLC (ADR) (NASDAQ: SHPG) on Tuesday proposed a combination with Baxalta Inc (NYSE: BXLT) in a $30 billion all-stock deal, implying a potential value of $45.23 per Baxalta share. Here is a roundup of what Wall Street's top analysts are saying. Berenberg: Deal EPS Accretive...

U.S. stocks were mostly lower on Monday, as the holiday shopping season may have disappointed some. The National Retail Federation reported that spending over the four-day Thanksgiving weekend declined 11 percent to $50.9 billion. However, ComScore estimated e-commerce spending rose 32...