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.
Tech, biotech and volatility funds are leading the way so far.
Some stocks in the sector have seen massive gains this year, causing shorts to back off.
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Fed keeps important 'considerable time' language in reference to short-term interest rates, but dissents and dots leave doubts.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The Fed's latest statement confirms that it won't be coming to the rescue of depositors soon, but these institutions are worth following anyway.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
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