1:00pm (EST) The bulls came out in a buying mood this morning as mergers and acquisitions (M&A) activity continues to pick up and more information about a possible European bailout of Greece has lifted the market. At midday, the Dow is up 80 points, or 0.8%, to 10,404, while the S&P has climbed 10 points,Read more
M&A Heats Up
Biotech Grumblings
Genentech (DNA, $82.10, up $0.86) came out with some great news yesterday after the bell and said a late-stage study combining Avastin with Tarceva to treat lung cancer was a huge success. Tarceva is a drug from OSI Pharmaceutical’s (OSIP, $36.39, up $0.79) pipeline and is marketed by Genentech. TheRead more