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Health Care Stocks Post Modest Gains

Health Care Stocks Post Modest Gains

Health care stocks still were edging higher this afternoon, including a nearly 0.4% gain for the NYSE Health Care Index while shares of health care companies in the S&P 500 also were up just over 0.5% as a group. The Nasdaq Biotechnology index was climbing almost 0.6%. Among health care […]

by × July 1, 2019 × 0 comments

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Bristol-Myers Squibb Plans Sale of Celgene’s Otezla

Bristol-Myers Squibb Plans Sale of Celgene’s Otezla

Bristol-Myers Squibb (BMY) said on Monday that Celgene (CELG) will sell its psoriasis treatment Otezla, one of the biopharmaceutical’s top selling drugs that’s expected to bring in almost $2 billion in revenue this year, in a bid to win approval for the companies’ merger plans. Bristol-Myers Squibb is planning the […]

by × June 24, 2019 × 0 comments

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Amazon to Lease 15 Boeing 737 Cargo Aircraft to Expand Amazon Air Network

Amazon to Lease 15 Boeing 737 Cargo Aircraft to Expand Amazon Air Network

Amazon.com (AMZN) said Tuesday it will lease 15 Boeing 737-800 cargo aircraft as the e-commerce giant moves to increase its capacity at its Amazon Air cargo operation. The eCommerce company said that it would lease the aircraft from GE Capital Aviation Services. Amazon earlier this year announced it would lease […]

by × June 18, 2019 × 0 comments