Wall St. bounces back, led by industrials

Go back to Wall St. bounces back, led by industrials

Pfizer (PFE) Reports Marketing Authorization in European Union from Euro Commission for Moderately to Severely Active Ulcerative Colitis

August 1, 2018 6:30 AM EDT

Pfizer Inc. (NYSE: PFE) announced today that the European Commission (EC) has approved XELJANZ® (tofacitinib citrate) 10 mg twice-daily (BID) for at least eight weeks, followed by XELJANZ 5 mg BID or 10 mg BID, for the treatment of adult patients with moderately to severely active ulcerative colitis (UC) who have had an inadequate response, lost response, or were intolerant to either conventional therapy or a biologic agent.1 XELJANZ is the first and only oral therapy and Janus kinase (JAK) inhibitor to be approved for this patient population.

In approving XELJANZ for UC, the European Medicines... More

Cowen NOT Recommending Chipotle Mexican (CMG) on Pullback

July 31, 2018 11:57 AM EDT

Cowen analyst Andrew Charles weighed in on Chipotle Mexican Grill (NYSE: CMG) following reports of foodborne illness surfacing at one Chipotle restaurant.

The analsyt said this is likely an isolated incident. However, they do not view the pullback as a buying opportunity given... More