Healthcare & Biotech

Planet Fitness (NYSE: PLNT) Jumps After Sales Beat Expectations

Healthcare & Biotechs0 Comments Planet Fitness, Inc. (NYSE: PLNT) stock jumped about 10% after the franchisee and operator of fitness centers reported financial results for its third quarter ended September 30, 2019.  Third Quarter Fiscal...

J&J Says 15 Tests Indicate No Asbestos in Baby Powder

Healthcare & Biotechs0 Comments Shares of Johnson & Johnson (NYSE: JNJ) opened more than 3% higher on Wednesday after the company reported that 15 new tests from the same bottle of Johnson’s Baby Powder previously tested by the U.S. Food...

Shares of Procter & Gamble Rise on Earnings

Healthcare & Biotechs0 Comments Shares of Procter & Gamble Co. (NYSE: PG) opened 4% higher on Tuesday after the company reported better-than-expected first quarter 2020 earnings and revenue. The maker of Bounty paper towels and Tide...

Aphria Shares Pop on Q1 Earnings

Healthcare & Biotechs0 Comments Shares of Aphria Inc. (TSX: APHA) (NYSE: APHA) are up over 22% on Tuesday after the cannabis producer posted a first-quarter profit of CAD 16.4 Million, its second straight quarter of profitable growth. The...

CannTrust Takes Steps Towards Full Regulatory Compliance

Healthcare & Biotechs0 Comments CannTrust Holdings Inc. (TSX: TRST) (NYSE: CTST) on Monday announced its continued progress on taking all actions to bring the company back into full compliance and reinstatement of its licenses.  Previously on...

Walmart to Test New Healthcare Services for Workers

Healthcare & Biotechs0 Comments In an effort to curb healthcare spending, Walmart Inc. (NYSE: WMT) said it is rolling out a pilot program for its U.S. employees beginning January 1. “From choosing a doctor and trying to get in for an...

U.S. Judge Approves CVS-Aetna Merger

Healthcare & Biotechs0 Comments A federal judge on Wednesday formally approved the merger of CVS Health (NYSE: CVS) and U.S. health insurer Aetna, Inc. Judge Richard Leon of the U.S. District Court for the District of Columbia signed off on...

Amgen to Buy Celgene’s Otezla for $13.4 Billion

Healthcare & Biotechs0 Comments The American multinational biopharmaceutical company, Amgen (NASDAQ: AMGN) agreed to buy Celgene’s (NASDAQ: CELG) Otezla, which is a psoriasis treatment, for USD 13.4 Billion.The acquisition clears the way for...

Pfizer to Merge Subsidiary with Mylan

Healthcare & Biotechs0 Comments Pfizer (NYSE: PFE) announced on Monday morning that its subsidiary, Upjohn will merge with Mylan (NASDAQ: MYL). Following the news, Mylan shares rose by 13% during Monday’s pre-market hours. Under the all-stock...

CVS Shares Rise Amid Market Tumble

Healthcare & Biotechs0 Comments Despite the market tumbling lower on Wednesday, CVS Health Corporation (NYSE: CVS) reportedearnings that propelled the stock 5% higher in early morning trading. CVS raised its guidance for its full-year profit...

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