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AbbVie’s Acquisition of Pharmacyclics with Its Leukemia Drug Imbruvica, Could Boost its Revenue by U.S. $5.8 Billion by 2020

Thu Mar 5, 2015

AbbVie Inc [NYSE:ABBV] said on Thursday that the company will acquire Pharmacyclics Inc [NASDAQ:PCYC] for about ...

EUR/USD is Turning Bearish as the U.S. Dollar Index is Ready to Breakout

Tue Mar 3, 2015

The U.S. dollar index (DXY) shrugged off weaker-than-expected U.S. economic data on Monday and rose slightly to close at 95.462. The Bureau of Economic ...

Hedge Funds Could Head to the Exits if Crude Oil Prices Continue to Fall

Sun Mar 1, 2015

The Thailand SET closed at 1587.01, down 1.03% for the week, despite the fact that the EU accepted Greek proposals for a 4-month extension on Monday. The put-call option ...

S&P 500 Shrugs Off Weak U.S. Economic Data as Fed’s Yellen Tells Congress There Are No Imminent Rate Hikes

Fri Feb 27, 2015

The S&P 500 closed down slightly for the week at 2104.50 despite a downward-revised U.S. GDP, weak existing ...

Novo Nordisk Announces Positive Results for Phase II Trial with Oral Semaglutide, Stock Surges … What’s Next?

Fri Feb 27, 2015

Novo Nordisk [NYSE:NVO] said last Friday that it has successfully completed its Phase II trial for OG217SC, an ...

Weak Corporate Earnings Begin to Make a Dent in Thailand SET P/E Multiple

Fri Feb 27, 2015

The Thailand SET closed at 1587.01, down 1.03% for the week, despite the fact that the EU accepted Greek proposals for a 4-month extension on Monday. The put-call option ...

Actavis Reports Fourth-Quarter GAAP Revenue and EPS that Topped Analysts’ Expectations, Raises Guidance for 2015

Tue Feb 24, 2015

In the fourth-quarter ended December 2014, Actavis Plc [NYSE:ACT] reported revenues of $4.06 billion, up 46% ...

S&P 500 Closed at a Record High as Markets Shifted to the Healthcare Sector and Turned Away the Energy Sector

Fri Feb 20, 2015

The S&P 500 closed at a record high of 2110.30 on Friday as Greek and European creditors agreed to a four month loan ...

Thailand SET Double Top Pattern Emerges as Policy Interest Rate Cut Bets Increase

Fri Feb 20, 2015

The Thailand SET closed at 1603.45, down 0.77% for the week after headline news triggered a roller coaster ride for the markets. The put-call option ratio, calculated using open ...

USD/JPY Could Turn Bearish if More Signs of a Weak U.S. Economy Emerge

Fri Feb 20, 2015

The dollar-yen exchange rate didn’t react much after the two-day Bank of Japan (BOJ) policy meeting turned out to be a non-event. BOJ Governor Haruhiko Kuroda said on ...

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