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Abbott Takes Action On FDA Warning Letter
Thursday, April 13, 2017 - 11:53am | 394In response to a Wednesday letter by the U.S. Food and Drug Administration, which highlighted numerous regulatory violations on the part of Abbott Laboratories (NYSE: ABT), Abbott told Benzinga that “patient safety comes first” and the firm prioritizes compliance with regulatory...
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The Biggest Mergers Currently Stuck In Regulatory Purgatory
Thursday, January 19, 2017 - 3:57pm | 483After a meeting with President-elect Donald Trump, Bayer AG (ADR) (OTC: BAYRY) generated excitement among American investors eager to finalize a long-anticipated merger with Monsanto Company (NYSE: MON). But the Federal Trade Commission is not yet on board with the deal, and the companies still...
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St. Jude Medical Received FDA Approval For MultiPoint Pacing Technology
Wednesday, February 17, 2016 - 2:02pm | 281Correction: An earlier version of this article's title stated the covered material was related to St. Jude Medical's FDA approval for treatment of chronic intractable pain of the limbs. This version has been updated. More information on St. Jude's other release is here. Shares of St...
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Stocks Lower As Earnings Season Takes Back Seat To Geopolitical Uncertainties
Tuesday, July 29, 2014 - 4:37pm | 2823U.S. stocks fell as the Dow dipped below the 17,000 marks as geopolitical concerns become a main focus. In a televised statement, President Obama said the United States will expand on sanctions meant to hurt Russia's energy, defense and financial sectors. The move follows Russia's...
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Memories Of March Return As Momentum Stocks Hit Hard
Tuesday, July 8, 2014 - 4:49pm | 1900U.S. stocks sold off hard with momentum stocks seeing larger losses with names like Twitter, Facebook, FireEye and others under-performed major indices significantly. The Fed's richmond President Jeffrey Lacker commented that U.S. inflation has bottomed and is moving towards its target...
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4 Top Performing Health Care Stocks With More Upside Potential
Wednesday, July 2, 2014 - 9:47am | 881Analysts believe that Medtronic (NYSE: MDT), Teva Pharmaceuticals (NYSE: TEVA), UnitedHealth Group (NYSE: UNH) and Zimmer Holdings (NYSE: ZMH) shares still have some headroom, though they all have handily outperformed the S&P 500 over the past six months. They are all dividend payers as well....
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Earnings Expectations For The Week Of April 14: Coca-Cola, Goldman Sachs, Google And More
Monday, April 14, 2014 - 6:33am | 999The new earnings season kicks into high gear this shortened week. Highlights will include quarterly reports from Bank of America, Citigroup and Goldman Sachs, from Intel and IBM, and from Coca-Cola, which are all expected to post earnings declines, as well as from Google and Johnson & Johnson...
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Earnings Expectations For The Week Of January 20: Microsoft, McDonald's, Netflix And More
Sunday, January 19, 2014 - 2:27pm | 953The markets are closed on Monday for Martin Luther King Day, but after that the earnings season shifts back into high gear. The consensus forecasts for eBay, McDonald's, Netflix, Starbucks and Verizon call for year-over-year growth in per-share earnings. But analysts are looking for declining...
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Earnings Expectations for the Week of July 15
Sunday, July 14, 2013 - 8:43pm | 1120The earnings season ramps up this week, providing plenty of perspective on how the financial and technology sectors fared in the second quarter. Bank of America (NYSE: BAC), Citigroup (NYSE: C), Goldman Sachs (NYSE: GS), Google (NASDAQ: GOOG), Intel (NYSE: INTC), Microsoft (NASDAQ: MSFT) and many...
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Earnings Expectations for the Week of April 15
Sunday, April 14, 2013 - 7:58pm | 1102The earnings crunch is on this week, with first-quarter results due from such iconic blue chips as Coca-Cola, General Electric, Google, Johnson & Johnson, McDonald's and Microsoft. Analysts expect to see year-over-year earnings growth from each of them, but earnings declines from Intel,...
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This Dead Money Sector is Leading the S&P This Year
Monday, March 25, 2013 - 8:21am | 540“This is where money goes to die,” has described one sector over the past decade but this year, things are different. That industry is health care and for the first time since 1988, it leads the S&P with a 12 percent gain—the most among the 10 main groups. Specifically, health insurers,...
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Earnings Expectations for the Week of January 21
Sunday, January 20, 2013 - 2:14pm | 1169The focus was on the big banks last week, with Goldman Sachs (NYSE: GS), J.P. Morgan (NYSE: JPM) and Morgan Stanley (NYSE: MS) reporting strong results, but Bank of America (NYSE: BAC) and Citigroup (NYSE: C) not so much. The spotlight is on tech earnings this week. Analysts anticipate lower per-...
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Earnings Expectations for the Week of October 15
Monday, October 15, 2012 - 6:54am | 1457The earnings crunch gets underway this week, with big names in the financial, technology, consumer goods and other sectors on tap to share their most recent quarterly results. Among those expected to post the biggest year-over-year gains in earnings are Abbott Labs (NYSE: ABT), BlackRock (NYSE: BLK...
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Medtronic, Snyder's-Lance and Other Stocks Insiders Are Buying
Tuesday, June 26, 2012 - 10:13am | 1074Insiders may buy shares of a company because they believe its stock price will move higher and want to profit from this anticipated rise. Sell-offs might provide an opportunity for insiders who have faith in a company to snatch up shares. Below are some stocks that have recently seen insider buying...
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Earnings Expectations for the Week of April 16 (GS, MSFT, MCD)
Sunday, April 15, 2012 - 10:45am | 1425The earnings crunch is on this week. Among the scheduled quarterly reports from the financial sector are those from American Express, Bank of America, Bank of New York, Citigroup, Goldman Sachs, and Morgan Stanley. The tech sector will be represented by earnings reports from IBM, Intel, Microsoft,...