Tag Archives: Pfizer

Your Monday Market Blip 8/22/16

Stocks today were mixed. Last week the Dow posted a net pullback of only 14 points and so far this year it is up 6.3%. Today’s action saw biotech stocks move higher on merger activity while energy stocks declined with falling oil prices. The Dow closed the day off 23 points on light volume to…
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Your Wednesday Market Blip 4/6/16

Stocks were positive on mixed volume today as the Dow followed a jump in oil prices and closed up 113 points to 17,717. Markets are interesting these days as they have rebounded but the bearish short sentiment is at a multi year high. Pfizer and Allergan officially called of their $160 billion merger this morning…
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Your Tuesday Market Blip 4/5/16

Stocks went red after the US Treasury issued a rule on corporate inversions which pretty much killed the deal between Pfizer and Allegran. The news sent shares of both companies to big losses and sparked a selloff in healthcare which spilled over to the rest of the market. The Dow closed the day off 133…
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Your Tuesday Market Blip 11/24/15

Stocks opened the day lower thanks to a Middle East Turkey shoot. The event caused oil prices to jump as Russia and Turkey have been planning an oil/gas pipeline venture which might now be on the rocks. The higher oil prices however brought a relief rally to US energy companies and this helped the Dow…
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