Pharmaceuticals led by Lilly, Roche and Pfizer have exciting drugs to fire up their growth.
An analyst says the cancer drug company may fetch a 55% premium in a buyout.
The buy will support efforts to tap growth opportunities in the orthopedics market.
The world's largest drugmaker plans to spin off its animal health unit, which should boost its stock.
Ophthotech says its drug, combined with a Roche treatment showed impressive results treating elderly patients with a blinding disease.
Research coming out of the annual event is watched closely by Wall Street.
In an attempt to avoid a hostile takeover by GSK, the company enters talks with several other major companies.
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These days, they are buying high and selling higher, and think their stock picks are protected by good fundamentals.
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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 IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.