Health Care Distributors

The FDA approved Calliditas Therapeutics AB's (NASDAQ: CALT) Tarpeyo (budesonide) delayed-release capsules to reduce the loss of kidney function in adults with primary immunoglobulin A nephropathy (IgAN) at risk for disease progression.  Tarpeyo was first approved in...

Rite Aid Corporation (NYSE: RAD) and drug supplier McKesson Corp (NYSE: MCK) have reached a settlement, securing the continued fulfillment of customer prescriptions throughout Rite Aid's ongoing bankruptcy proceedings.  The lawsuit against McKesson alleged that the...

The Nasdaq 100 closed higher by over 1% on Monday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced. Insider sales...

Needham raised the price target for CyberArk Software Ltd. (NASDAQ: CYBR) from $185 to $190. Needham analyst Alex Henderson maintained a Buy rating. CyberArk Software shares fell 0.3% to $161.50 in pre-market trading. Stephens & Co. increased Carrols Restaurant Group, Inc. (NASDAQ: TAST)...

The Nasdaq 100 closed higher on Monday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced. Insider sales should not...

U.S. stocks closed mixed on Tuesday, as investors digested recent earnings reports and a fresh batch of economic data. Merck & Co Inc (NYSE: MRK) posted a narrower-than-expected quarterly loss, while sales topped estimates. Pfizer Inc (NYSE: PFE) reported a second-quarter adjusted EPS of $0.67...

Institutional investors have been dumping stocks for the last 12 months. You have to ask yourself some serious questions when you see this. Market Prices as of 4 pm EST, 5/15/23 Macro According to CME Group’s FedWatch Tool, markets give virtually zero (0.4%) chance that interest will remain...

Wells Fargo raised the price target for Enovis Corporation (NYSE: ENOV) from $55 to $67. Wells Fargo analyst Vik Chopra upgraded the stock from Equal-Weight to Overweight. Enovis shares rose 1.9% to $56.85 in pre-market trading. DA Davidson increased the price target for Crane Company (NYSE: CR...

U.S. stocks traded lower, with the Dow Jones dropping around 50 points on Tuesday. Here are some big stocks recording gains in today’s session. Novavax, Inc. (NASDAQ: NVAX) shares jumped 46.4% to $10.91 after the company reported mixed Q1 financial results and issued FY23 revenue guidance...

With US stock futures trading slightly lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Fox Corporation (NASDAQ: FOX) to post quarterly earnings at $0.87 per share on revenue of $4.03 billion before the opening bell. Fox...

With US stock futures trading slightly lower this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Tyson Foods, Inc. (NYSE: TSN) to post quarterly earnings at $0.80 per share on revenue of $13.62 billion before the opening bell. Tyson...

Viking Global Investors is an elite hedge fund run by former Tiger Cub Andreas Halvorsen. The Norwegian billionaire has a nearly unparalleled track record of success in the often fickle stock-picking game. Undoubtedly, much of this can be attributed to his tutelage under Julian Robertson at Tiger...

Viking Global Investors is an elite hedge fund run by former Tiger Cub Andreas Halvorsen. The Norwegian billionaire has a nearly unparalleled track record of success in the often fickle stock-picking game. Undoubtedly, much of this can be attributed to his tutelage under Julian Robertson at Tiger...

Good Morning Everyone! Especially Mark Zuckerberg who stopped hanging out in the metaverse. Cut costs and returned to cash flow positive. Stock up 20% pre-market set to gain $200 billion. Next catalyst, AI? Prices as of 4 pm EST, 2/1/23; % YTD MARKET UPDATE The U.S. Federal Reserve delivered an...