S&P 500 ends at seven-month high after Yellen comments
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
AbbVie (ABBV) Announces Additional Data on IMBRUVICA Phase 3 in CLL/SLL
June 6, 2016 9:03 AM EDTAbbVie (NYSE: ABBV) announced longer-term follow-up results from Phase 3 studies of IMBRUVICA (ibrutinib) in chronic lymphocytic leukemia and small lymphocytic lymphoma (CLL/SLL). Findings include an analysis of outcomes from the RESONATETM (PCYC-1112) and RESONATETM-2 (PCYC-1115) trials, which showed IMBRUVICA was associated with favorable progression-free survival (PFS) and overall survival (OS) regardless of line of therapy (previously treated or treatment-naïve; abstract 7520). Other data include first-ever presentation of longer-term follow-up data from the HELIOS (CLL3001) trial showing... More
Cowen Remains Sidelined on Wal-Mart (WMT) After Spending Time with Management
June 6, 2016 8:18 AM EDTCowen maintained a Market Perform rating and $70.00 price target on Wal-Mart (NYSE: WMT) after spending time with senior leadership. CEO Doug McMillion is leading WMT on path to deliver a seamless shopping experience through multi-format stores, easy pickup, fast delivery, and apps/... More
