Health Care Distributors

Gold futures traded lower this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go...

Morgan Stanley cut Guardant Health, Inc. (NASDAQ: GH) price target from $120 to $85. Guardant Health shares rose 4.3% to $40.99 in pre-market trading. Oppenheimer cut the price target for Relmada Therapeutics, Inc. (NASDAQ: RLMD) from $75 to $64. Relmada Therapeutics shares fell 5.2% to close...

Walgreens Boots Alliance Inc (NASDAQ: WBA) has reached a $683 million settlement with Florida to resolve claims that the pharmacy chain exacerbated an opioid epidemic in the state. The settlement includes $620 million to be paid to Florida over 18 years, plus $63 million for legal...

Pre-open movers U.S. stock futures traded lower in early pre-market trade. The Dow Jones gained more than 900 points in the previous session following an interest rate hike from the Federal Reserve. Investors are awaiting earnings results from ConocoPhillips (NYSE: COP), McKesson Corporation (...

Some of the stocks that may grab investor focus today are: Wall Street expects ConocoPhillips (NYSE: COP) to report quarterly earnings at $3.00 per share on revenue of $16.50 billion before the opening bell. ConocoPhillips shares rose 0.3% to $104.14 in after-hours trading. eBay Inc. (NASDAQ:...

San Francisco will start a trial against Walgreens Boots Alliance Inc (NASDAQ: WBA) and three other companies accused of fueling an opioid crisis in the city. San Francisco has alleged that Walgreens, Teva Pharmaceutical Industries Ltd (NYSE: TEVA), AbbVie Inc's (...

Alabama reached $276 million in settlements with Johnson & Johnson (NYSE: JNJ), McKesson Corporation (NYSE: MCK), and Endo International Plc (NASDAQ: ENDP), resolving claims on the opioid addiction crisis, the state attorney general said. McKesson will...

West Virginia's attorney general urged a judge to hold Johnson & Johnson (NYSE: JNJ), Teva Pharmaceuticals Industries Ltd (NYSE: TEVA), and AbbVie Inc's (NYSE: ABBV) Allergen accountable for causing a "tsunami" of opioid addiction in the...

Distributors McKesson Corporation (NYSE: MCK), AmerisourceBergen Corp (NYSE: ABC), Cardinal Health Inc (NYSE: CAH), and Johnson & Johnson (NYSE: JNJ) have agreed to finalize a proposed $26 billion settlement resolving claims by states and local...

Keybanc raised Take-Two Interactive Software, Inc. (NASDAQ: TTWO) price target from $185 to $190. Take-Two Interactive shares fell 2.8% to $170.21 in pre-market trading. HC Wainwright & Co. cut the price target for Westport Fuel Systems Inc. (NASDAQ: WPRT) from $16 to $12. Westport Fuel...

Gainers Bon Natural Life Limited (NASDAQ: BON) rose 43.2% to $4.82 in pre-market trading following FY21 results. Bon Natural Life reported FY21 earnings of $0.68 per share on sales of $25.5 million. Syros Pharmaceuticals, Inc. (NASDAQ: SYRS) shares rose 9.8% to $2.12 in pre-market...

Pre-open movers U.S. stock futures traded mostly lower in early pre-market trade following downbeat quarterly earnings from Meta Platforms, Inc. (NASDAQ: FB). Investors are awaiting earnings results from Amazon.com, Inc. (NASDAQ: AMZN), Merck & Co., Inc. (NYSE: MRK), Ford Motor Company (...

Some of the stocks that may grab inve3stor focus today are: Wall Street expects Amazon.com, Inc. (NASDAQ: AMZN) to report quarterly earnings at $3.67 per share on revenue of $137.60 billion after the closing bell. Amazon shares fell 3.6% to $2,904.00 in after-hours trading. Analysts expect...

Johnson & Johnson (NYSE: JNJ) and the three U.S. drug distributors agreed to pay about $590 million to resolve claims from over 400 Native American tribes to settle lawsuits over the opioid epidemic. That proposed settlement, though, did not resolve lawsuits and potential claims...

A jury in Suffolk County State Supreme Court found Teva Pharmaceutical Industries Ltd (NYSE: TEVA) contributed to New York's opioid epidemic. Next, the court will hold another trial to determine how much Teva should pay. "Teva Pharmaceuticals USA and others misled the...