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Xerox Just Upped Its Bid For HP To Nearly $35 Billion

Plus, Simon Property Group is acquiring Taubman Centers for $3.6 billion, and Eli Lilly shares are down after a failed trial for its Alzheimer’s drug candidate.

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NantKwest, Inc. (NK) – Buy Target – $7.25 or better

Buy Target – $7.25 or better Sell Target – TradersPro Sell Signal NantKwest, Inc., a clinical-stage immunotherapy company, develops immunotherapeutic treatments for cancer and viral infectious diseases in the United States. The company develops activated natural killer (aNK) cell, a natural killer cell-line and genetically modified derivative capable of killing cancer and virally infected cells; […]

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Merck Is Spinning Off 3 Divisions To Focus On “Key Growth Drivers”

Plus, Tesla shares are taking a hit as its production in China is halted by the coronavirus, private payrolls soared by 291,000 in January, and Macy’s just released a new turnaround plan.

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Harley-Davidson Just Reported Its Lowest Quarterly Sales Since 2014

Plus, the Chinese coronavirus has spread to more than 4,600 patients, U.S. consumer confidence grew this month, and the U.K. is allowing vendors to use Huawei hardware in the build-out of the country’s 5G network.

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Oil Drops To Its Lowest Level In 3 Months As Coronavirus Spreads

Plus, Johnson & Johnson’s chief scientific officer said he believes the company can develop a vaccine for the deadly virus within the next couple of months, and GM announced it’s investing $3 billion on the production of electric vehicles.

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China’s Top Negotiator Is Heading To The U.S. This Week To Sign The Phase One Trade Deal

Plus, Tesla began delivering Model 3s from its new Shanghai factory, and AstraZeneca and Merck’s cancer drug just got approved to treat pancreatic cancer.

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Boeing’s CEO Is Out As Company Grapples With Continued 737 Max Grounding

Plus, China is lowing tariffs on more than 850 products from the U.S., Sarepta Therapeutics got a massive investment from Roche, and DraftKings is going public.

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Pharmaceuticals

Fortress Biotech, Inc. (FBIO) Buy Target $2.30 or better

Buy Target $2.30 or better Sell Target – TradersPro Sell Signal Fortress Biotech, Inc. develops and commercializes pharmaceutical and biotechnology products. It markets dermatology products, such as Targadox for acne; Exelderm cream for ringworm and jock itch symptoms; Ceracade for dry skin conditions; Luxamend for dressing and managing wounds; Ala-Scalp and Triderm, which are used […]

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Big Pharma Is Making A Couple Of Big Acquisitions To Start The Week

Plus, we’re fast approaching the U.S. deadline to impose more tariffs on Chinese goods, House Judiciary Chairman Jerry Nadler said his committee will bring articles of impeachment against Trump this week, and Morgan Stanley says this stock is set to rocket higher.

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Pharmaceuticals

Catabasis Pharmaceuticals, Inc. (CATB) Buy Target – $5.57 or better

Buy Target – $5.57 or better Sell Signal – TradersPro Sell Signal Catabasis Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutics based on safely metabolized and rationally targeted (SMART) linker drug discovery platform in the United States. The company’s lead product candidate is Edasalonexent, an oral small molecule […]

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Pharmaceuticals

Avadel Pharmaceuticals plc (AVDL) Buy Target – $5.75 or better

Trade Setup Buy Target – $5.75 or better Sell Target – TradersPro Sell Signal Avadel Pharmaceuticals plc operates as a specialty pharmaceutical company in the United States, France, and Ireland. The company primarily develops FT218, which is in a Phase 3 clinical trial for the treatment of narcolepsy patients suffering from excessive daytime sleepiness (EDS) […]

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