research

Merck Acquires Rigontec for $550 Million

Merck Acquires Rigontec for $550 Million

Merck & Co. Inc. (NYSE: MRK) announced today its acquisition of German biotech start-up, Rigontec for approximately €464 million or $550 million to further advance studies and research in cancer treatment development.Merck agreed to pay &eu..

U.S. Industrial Output Expected to Show Gains

U.S. Industrial Output Expected to Show Gains

Experts believe that the U.S. Industrial output numbers could give cause for celebration. The numbers are expected to show a gain. Preliminary numbers promise to make good these expectations.As far as industrial activity goes. the numbers have shown..

The FDA Scheduled to Review Novartis’ Gene Therapy Drug on Wednesday

The FDA Scheduled to Review Novartis’ Gene Therapy Drug on Wednesday

Novartis AG (NYSE: NVS) is engaged in the research, development, manufacturing and marketing of a range of healthcare products led by pharmaceuticals. The U.S. Food and Drug Administration will ask a panel of advisers to focus on the safety of ..

Skechers USA Earning Estimates Cut

Skechers USA Earning Estimates Cut

Skechers USA (NYSE: SKX) got its anticipated earnings per share cut by Wedbrush Research analysts for the second quarter of 2017. In its report to investors and clients, the research company stated that the American textile maker will earn about $0...

Alibaba Expected to Grow Even More

Alibaba Expected to Grow Even More

New marketing data services intend to boost Alibaba Group Holding Ltd (NYSE: BABA) financial results even with shares that are already among the best in the market totaling to 62.5 percent. Analysts believe that $190 will be the 12-month price ..

Stock Market to Potentially Enter a Dead Zone

Stock Market to Potentially Enter a Dead Zone

Analysts expect Wall Street to pullback as the official start of summer is under way. Historically, stock indexes slowed down and often declined in value during the summer period. According to a report by CNBC Chris Verrone from Strategas Research P..