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Medivation Drops 12% After Congress Asks To Examine Xtandi Drug Price
Tuesday, March 29, 2016 - 10:18am | 189Shares of Medivation Inc (NASDAQ: MDVN) were trading lower by more than 6 percent heading into Tuesday's market open as the company's drug pricing have come under scrutiny by the U.S. Congress. According to ABC News, a group of U.S. lawmakers initiated a campaign to potentially lower the price of...
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How To Ignore The Global Market Noise
Friday, October 25, 2013 - 2:53pm | 880When investors run their attention to global investing the noise levels tends to grow exponentially. It is bad enough to hear all the churn and chatter surrounding domestic politics and events but now you add all the other nations and corporations to the din. It is not just the US Congress that...
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Benzinga Weekly Preview: US Government Shutdown Looks Set To Continue
Friday, October 4, 2013 - 4:12pm | 2000After four days with no resolution in sight, Democrats and Republicans in Washington are still locked in a heated debate over the terms of a negotiation that will restart Federal government operations. The fact that congress can’t make any progress on an emergency spending bill doesn’t bode well...
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Geithner: Economy Still Climbing Out of a Ditch
Wednesday, July 18, 2012 - 9:30am | 293U.S. Secretary of Treasury Timothy Geithner agrees the economy is "definitely slower." In an interview that headlined CNBC-organized Delivering Alpha in New York on Wednesday, Mr. Geithner told Larry Kudlow that the reason for the slowdown is the enormous size of the ditch the economy has been...
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10 Year Yield Record Lows: How to Play It (SPY, IEF, TLH, FXY, GLD)
Wednesday, May 30, 2012 - 9:38am | 480This morning, the benchmark 10-year US treasury yield hit an all-time low of 1.65% and investors are clamoring to understand what this low of a yield means for their portfolio. What is more interesting is the increasing divergence of credit and equity markets in this respect. As shown by the chart...