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Abbvie Inc

What’s likely to move the market in the next trading session

by Adrian Jhonsan
What’s likely to move the market in the next trading session

U.S. Federal Reserve Chair Jerome Powell speaks at a news conference on interest rates, the economy and monetary policy actions on June 15, 2022. Olivier Douliery- | Afp | Getty …

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Categories World

Drugmakers on new negotiated prices with Medicare

by Shawn Butlere
Drugmakers on new negotiated prices with Medicare

President Joe Biden speaks during an event at the National Institutes of Health in Bethesda, Maryland, Dec. 14, 2023. Chris Kleponis | Bloomberg | Getty Images Think a friend or …

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Categories Health

Tech stocks tank as profit-taking persists. Here’s why Abbott stands out among the wreckage

by Adrian Jhonsan
Tech stocks tank as profit-taking persists. Here’s why Abbott stands out among the wreckage

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets …

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Categories World

Humira sales are falling, but AbbVie has successors

by Shawn Butlere
Humira sales are falling, but AbbVie has successors

Humira, the injectable rheumatoid arthritis treatment is pictured in a pharmacy in Cambridge, Massachusetts. JB Reed | Bloomberg | Getty Images Think a friend or colleague should be getting this …

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Categories Health

Can a new batch of tech earnings rescue the market? Here are the factors at play

by Adrian Jhonsan
Can a new batch of tech earnings rescue the market? Here are the factors at play

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re …

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Categories World

Big pharma Merck, Bristol Myers, J&J prepare to lose revenue

by Adrian Jhonsan
Big pharma Merck, Bristol Myers, J&J prepare to lose revenue

The New York Stock Exchange welcomes Johnson & Johnson (NYSE: JNJ) to the podium.  NYSE Big pharmaceutical companies such as Bristol Myers Squibb, Merck and Johnson & Johnson face a …

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Categories World

J&J to acquire Ambrx Biopharma, a cancer drug developer, for $2B

by Shawn Butlere
J&J to acquire Ambrx Biopharma, a cancer drug developer, for B

An entry sign to the Johnson & Johnson campus shows their logo in Irvine, California on August 28, 2019. Mark Ralston | AFP | Getty Images Johnson & Johnson on …

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Categories Health

Cramer names biopharma companies as industry mergers start to accrue

by Adrian Jhonsan
Cramer names biopharma companies as industry mergers start to accrue

CNBC’s Jim Cramer on Friday pointed out the number of biopharma mergers and acquisitions that have closed or been announced over the last few months. He told investors to keep …

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Categories World

The top 10 things to watch in the stock market Monday

by Milton Acorn
The top 10 things to watch in the stock market Monday

The top 10 things to watch Monday, Dec. 11 1. U.S. stocks are muted Monday following last week’s push to a new 52-week high in the S & P 500 …

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Categories Science

AbbVie to acquire Cerevel Therapeutics for $8.7 billion

by Shawn Butlere
AbbVie to acquire Cerevel Therapeutics for .7 billion

A sign stands outside a Abbvie facility in Cambridge, Massachusetts, May 20, 2021. Brian Snyder | Reuters AbbVie on Wednesday said it will acquire neuroscience drugmaker Cerevel Therapeutics for roughly …

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