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Health Care Sector Update for 04/03/2023: KRBP, ASND, ONCS, APLS, ILMN
Health care stocks were higher late Monday afternoon, with the NYSE Health Care Index rising 1% and the Health Care Select Sector SPDR Fund (XLV)
FTC Rejects Illumina's $7 Billion Deal for Cancer-Test Developer Grail
The agency said the combination would hurt competition for cancer-detection tests while raising prices. Source link
The 'King Kong' of Weight-Loss Drugs Is Coming
Eli Lilly’s Mounjaro could outpace Ozempic as the most powerful treatment on the market. To develop it, the drug company needed to overhaul long-held but
Medicaid Eligibility Changes Set to Hit Hospitals, Insurers, States
Politics Health Policy Millions could lose coverage as their eligibility is reviewed, with financial effects rippling through the healthcare industry Source link
Citigroup Initiates Coverage of Cardinal Health (CAH) with Neutral Recommendation
On March 31, 2023, Citigroup initiated coverage of Cardinal Health with a Neutral recommendation. Analyst Price Forecast Suggests 15.89% Upside As of March 30, 2023,
Social Security Reserves Projected to Run Out Earlier Than Expected
Social Security won’t have enough money to pay all beneficiaries the amount they are entitled to starting in 2034, a report said. Source link
CVS Health a Top 25 Dividend Giant With 3.24% Yield (CVS)
CVS Health Corporation (Symbol: CVS) has been named as a Top 25 ”Dividend Giant” by ETF Channel, with a staggering $11.70B worth of stock held
Medical Properties Trust Takes Another Big Step to Improve Its Financial Health
Medical Properties Trust (NYSE: MPW) stock has been under tremendous pressure over the past year. Several headwinds have weighed on shares, including higher interest rates
China's Consumers Extend Economic Rebound From Pandemic
A gauge of activity in China’s services sector reached its highest level in more than a decade in March, a sign that Chinese consumers are
First Trust Health Care AlphaDEX Fund (FXH) Shares Cross Above 200 DMA
In trading on Thursday, shares of the First Trust Health Care AlphaDEX Fund ETF (Symbol: FXH) crossed above their 200 day moving average of $105.97,