Darden is downgraded to 'neutral,' and Burger King is initiated with a 'buy.'
Even with the prospect of dividend taxes going up, my sense is that income-generating stocks will remain in favor going forward.
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.
The pharma's earnings may not look great, but bailing out could prove costly for investors if its Alzheimer's drug is successful.
If you aren't in 1 of these 3 areas, you are playing an earnings-and-macro game that rides more on luck than skill.
Apple initiated with 'neutral,' and Netflix downgraded to 'underperform.'
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