Valeant’s $3,500 Sticker On Siliq Could Trigger A Pricing War With Lilly, Novartis
Written by Tracy Staton (FiercePharma.com) Valeant Pharmaceuticals (VRX), one of the most obvious price-hiking offenders of the last couple of years, has just unveiled the sticker on its new psoriasis drug, Siliq—and it’s the lowest in the market for next-gen meds. At least that’s what Valeant said Friday in announcing a $3,500-per-month list price for […]
French Elections: These 8 Brokers Made Changes To Leverage, Limits And More
The French presidential election is the No. 1 political event of the year and could have a profound impact on the European Union and the euro. Forex brokers are bracing themselves for big movements. The “nightmare scenario” of Le Pen vs. Melenchon could have the strongest effect, but there are three additional scenarios in our preview. Some […]
Canadian Dollar Likely To Weaken Further As March Low Nears
Fundamental Forecast for CAD: Bearish Lower oil price undercuts the Loonie. US-Canada trade worries continue to weigh on the currency. See the DailyFX Economic Calendar and see what live coverage for key risk event impacting FX markets is scheduled for next week on the DailyFX Webinar Calendar. The Canadian dollar looks likely to test its […]
EC Earnings Growth Accelerates In Q1
We get into the heart of the Q1 earnings season this week, with almost 800 companies reporting results, including 191 S&P 500 members. By the end of this week, we will have crossed the halfway mark in the Q1 reporting cycle, at least for the S&P 500 index, and will have a far clearer view […]
Is China Trying To (Slowly) Burst Another Stock Market Bubble?
The pressure point in Asian stock markets this week has been the decline in Chinese equities (the biggest weekly drop in 4 months). Despite a stellar performance of the economy, the outlook for the Shanghai Composite Index isn’t promising as the government is taking advantage of better growth to spur deleveraging. For a market […]
C’est L’Economie Stupide
DOW – 30 = 20,547 SPX – 7 = 2348 NAS – 6 = 5910 RUT – 4 = 1379 10 Y – .01 = 2.24% OIL – 1.17 = 49.54 GOLD + 2.20 = 1284.90 For the week, the Dow Industrials were down 3 days and up 2, but the two gainers were big. […]
Markets Coil Tighter
The market is coiling tighter as investors wait for news and earnings. I don’t know if there really is a short-term trend at the moment, but the VIX is elevated so I think that tips towards a short-term downtrend… not that it really matters much. This chart looks like a cup and handle […]
CAC 40 To Move On Presidential Election Results; FTSE 100 At Support, S&P 500 In Limbo
S&P 500 still wavering in its search for direction; correction over or to continue? FTSE 100 takes a hard hit on election announcement, starting week at key support The big headline for the CAC 40 is the French presidential election on Sunday S&P 500 Markets will start out the week with the French presidential election […]
Can Railroads Prosper Under The Trump Administration?
It is a fact that declining coal shipments have hurt railroad stocks in the past few years. Given that coal is a key revenue-generating commodity for railroad operators, headwinds related to the commodity had affected sector participants big time. However, things are looking up for this key sector. Let’s find out why. Trump Victory a […]
