BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Allergan's Botox Approved for Migraine Treatment]]>http://www.bloggingstocks.com/2010/10/18/allergans-botox-approved-for-migraine-treatment/http://www.bloggingstocks.com/2010/10/18/allergans-botox-approved-for-migraine-treatment/http://www.bloggingstocks.com/2010/10/18/allergans-botox-approved-for-migraine-treatment/#commentsFiled under: , , , ,

AGN logoAllergan (AGN - option chain) shares are rising today after the company announced FDA approval of Allergan's Botox for use as a treatment for chronic Migraine headaches on Friday after the close of trading. This opens an entirely new market for that drug, which was almost exclusively used for cosmetic purposes. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on AGN.

AGN opened this morning at $71.97. So far today the stock has hit a low of $71.14 and a high of $72.56. As of 12:10, AGN is trading at $72.43 up $3.57 (5.2%). The chart for AGN looks bullish and S&P gives AGN a positive 4 STARS (out of 5) buy ranking.

Continue reading Allergan's Botox Approved for Migraine Treatment

Allergan's Botox Approved for Migraine Treatment originally appeared on BloggingStocks on Mon, 18 Oct 2010 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AGNAllerganBotoxFDAinthenewsInvestors Observermigraine headachesoptionsMon, 18 Oct 2010 12:30:00 EST<![CDATA[Newspaper wrap-up: General Electric to sell its appliance business]]>http://www.bloggingstocks.com/2008/05/15/newspaper-wrap-up-general-electric-to-sell-its-appliance-busine/http://www.bloggingstocks.com/2008/05/15/newspaper-wrap-up-general-electric-to-sell-its-appliance-busine/http://www.bloggingstocks.com/2008/05/15/newspaper-wrap-up-general-electric-to-sell-its-appliance-busine/#commentsFiled under: , , , , ,

MAJOR PAPERS:
  • In a move to help turnaround its troubled business, General Electric Company (NYSE: GE) will sell or divest its appliance division, and could expect to receive between $5B and $8B for the unit, according to the Wall Street Journal. Potential buyers appliance makers BSH Bosch & Siemens Hausger of Germany and Haier Group of China, as well as private equity firms and Controladora Mabe, GE's partner in Mexico.
  • The Wall Street Journal also reported that Comcast Corporation (NASDAQ: CMCSA) will acquire Plaxo, a networking Web site, in an effort to increase its range of services. Terms of the deal were not disclosed.
  • To help improve its Ask.com search engine, the Wall Street Journal reported that IAC/InterActiveCorp (NASDAQ: IACI) will buy the Lexico Publishing Group, which owns Dictionary.com, Thesaurus.com and Reference.com.
WEB SITES:
  • Citing the New England Journal of Medicine, Bloomberg reported that migraine headache medicines, including Merck & Co Inc's (NYSE: MRK) Maxalt and GlaxoSmithKline Plc's (NYSE: GSK) Imitrex caused potentially fatal reactions in at least 11 people. The Journal said people using "triptans," an older class of migraine drugs, could develop serotonin syndrome, which may cause fever, shock, vomiting and rapid heartbeat.

Newspaper wrap-up: General Electric to sell its appliance business originally appeared on BloggingStocks on Thu, 15 May 2008 08:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CMCSACMCSKComcastGEGeneral ElectricGeneralElectricglaxosmithklineGSKiaciaciiacinteractiveiacinteractivecorpImitrexMaxaltmerck and co mrkmerck comerck mrkMerckAndCoMrkMerckCoMerckMrkmigrainemigraine headachesMigraineHeadachesmigrainesMRKPlaxoThu, 15 May 2008 08:00:00 EST