Green Mountain is downgraded to 'neutral,' and Wells Fargo is upgraded to 'buy.'
A report questions whether the FDA will grant New Chemical Entity status for the phosphate binder.
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Ford is downgraded to 'equal weight,' and Saks is initiated with a 'buy.'
Morgan Stanley is downgraded to 'neutral,' and State Street is upgraded to 'neutral.'
Groupon is downgraded to 'equal weight,' while Isis Pharmaceuticals is upgraded to 'outperform.'
The pharma wins US approval for a new rheumatoid arthritis pill, but Abbott's existing treatment isn't likely to suffer a meaningful hit to sales anytime soon.
The stock falls after investors get a peek at the royalty-rate structure that pharma giant Roche will pay if a promising new cancer drug is approved.
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