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Pharma

This category contains 3 posts

Is the Pharma Industry Facing Pharmageddon?

The pharmaceuticals industry has always been one of the riskiest in the market. Companies operating in the pharma industry are required to invest heavily in research and development on drugs whose outcome is highly unpredictable. Companies like Pfizer (NYSE: PFE), Merck(NYSE: MRK), and Johnson & Johnson (NYSE: JNJ) among others, have toiled this red flagged industry for years. Note that, despite the risks associated with … Continue reading

Is Celgene’s New Rally Sustainable?

If you do not have it in your portfolio, then you probably want to take a look at this stock. With a 52 week low of $58.53, the company just recorded a new 52 week high last week. Specifically, during the early trading hours Tuesday 8, Celgene (NASDAQ: CELG) hit a high of $89 within a matter of minutes; … Continue reading

Multinationals Stash Billions Overseas, What Choice Do They Have?

Multinational corporations based in the U.S and Europe face accusations for using their overseas subsidiaries as tools in tax avoidance practices. Tech giants, Apple (NASDAQ:AAPL), Google (NASDAQ: GOOG), Microsoft (NASDAQ: MSFT), and Cisco (NASDAQ:CSCO) among others dominate the charts in terms of the percentage of cash stashed in overseas subsidiaries. Apple holds the highest amount of cash overseas with about $82.5 billion or 68 percent of … Continue reading

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