Shares of Human Genome Sciences jumped 12% midday Wednesday.
Earlier this week, the biotech group said it expects to post gross 2011 sales of $59.2 million for its new lupus drug Benlysta.
Stocks were kicking off May in high style Tuesday, posting sharp gains after a much better-than-expected report on U.S. manufacturing activity. The Dow Jones Industrial Average was rising 103 points, or 0.8%, at 13,317, after hitting a four-year high at 13,338. The S&P 500 was up 14 points, or 1%, at 1413, and the Nasdaq was adding 23 points, or 0.7%, at [...]
U.S. stocks were rising in midday action Tuesday following a better-than-expected read on U.S. manufacturing activity.The Dow Jones Industrial Average was up more than 116 points, or 0.9%, at 13,330. The biggest percentage gainers within the Dow were Bank of America (BAC), JPMorgan Chase (JPM) and Intel (INTC). Shares of Bank of America rose 2.59% to $8.32. The bank said Tuesday it plans to lay [...]
Monster Beverage Corp’s shares soared on Monday following a report that Coca-Cola Co. was considering buying the energy drink maker. The Wall Street Journal cited unnamed people in reporting that the world’s biggest soft drink maker was in talks to buy Monster. If a deal transpired, Monster would be Coca-Cola’s largest brand acquisition ever. Monster declined [...]
Stocks were surging in morning action Tuesday after a much better-than-expected report on the pace of national manufacturing activity in April.The Dow Jones Industrial Average was rising 80 points, or 0.6%, at 13,294. The S&P 500 was up 12 points, or 0.8%, at 1410, and the Nasdaq was adding 29 points, or 1%, at 3075. Stocks finished modestly lower Monday, marking [...]
Bank of America (BAC)’s plan to lay off some of its highest-paid executives looks like the right response to the current banking environment. The Wall Street Journal reported Tuesday the bank will cut 2,000 positions in its investment banking, commercial banking and non-U.S. wealth-management units targeting “the high-earning employees whose efforts helped Merrill Lynch account for the bulk of [...]
The first trading day of May got off to a mixed start early Tuesday with all three major U.S. equity indices honing to close to the flat line ahead of a key report on the pace of U.S. manufacturing activity in April. The Dow Jones Industrial Average was down 9.5 points, or 0.07%, at 13,204.The S&P 500 was up less than a [...]
From acclaimed NCAA superstar to apparent NBA journeyman, it has been a long and strange journey for Michael Beasley, the former second overall pick of the 2008 NBA Draft. It has been five odd years for Beasley but yet despite repeated drug issues, bad hair days, and eerie estate sales in Minnesota, Beasley has finally [...]
Jay Z turns 44 today, and it feels like he’s been in his early 40′s for at least a decade already (longer if you ask Cam’ron). But perhaps Jay is realizing that the fountain of Hov isn’t eternal, and some serious changes have to be made if he’s going to see another 44 years. He [...]
Don’t kill us, yet. We promise we’re just as sick of Miley’s “Wrecking Ball“ as you, but this video is worth it. This kid is an impression legend and might just beat out the reigning Morgan Freeman champ, Jake Foushee. Honestly, the “Family Guy” impressions are a little over done these days, but give him [...]
Things could’ve gotten really awkward Thursday night during halftime of the Bulls-Heat game in Chicago. A man popped out of the inflatable Benny The Bull costume and proposed to his girlfriend as she was completely taken by surprise. Luckily, the Bulls dancer said yes, and the guy didn’t end up looking like a total assh*le. [...]
Trinidad James is the one-hit wonder whose 2012 hit “All Gold Everything” led to a lucrative Def Jam deal, and zero follow-up hits. James is considered by many to be a walking caricature of the modern rapper, and a joke with zero rap skills. This perception may be starting to get to James, who performed [...]
Giesele Bündchen and Tom Brady’s ex-bodyguards have been sentenced to time in jail for attempted murder. According to US Magazine, “Miguel Solis and Alexander Rivas were found guilty of attempted murder in Costa Rica after firing shots at photographers trying to sneak some shots of the power couple’s nuptials, multiple outlets are reporting. The third [...]