Miller Tabak

Market Snapshot: U.S. stocks surge in Election Day rally

U.S. stocks rally as millions of Americans cast ballots for the next president, with investors cheered by the coming clarity of the election pitting Republican John McCain against Democrat Barack Obama.

Big Pharma Makes Big Push Into HIV Drugs (Investor's Business Daily)

Friday October 31, 7:12 pm ET Worldwide sales of drugs to treat HIV will increase by 13% to 14% in 2009, according to the annual pharmaceutical forecast from data analysis firm IMS HealthRX. In October, Merck (NYSE: ), Pfizer...

Big Pharma Makes Big Push Into HIV Drugs

BY PETER BENESH INVESTOR'S BUSINESS DAILY Worldwide sales of drugs to treat HIV will increase by 13% to 14% in 2009, according to the annual pharmaceutical forecast from data analysis firm IMS HealthRX. While the market for...

CBS swings to $12.46B 3Q loss after hefty charge

By DEBORAH YAO AP Business Writer (AP) - Shares of CBS rose 54 cents, or 6.2 percent, to $9.26 in early afternoon trading. Sumner Redstone, CBS's executive chairman and controlling shareholder, tried to allay another point of...

CBS swings to $12.46B 3Q loss after hefty charge

By DEBORAH YAO AP BUSINESS WRITER CBS Corp. posted a massive third-quarter loss on Thursday after taking a $14.12 billion charge to write down the value of media assets on its books. Shares of CBS rose 54 cents, or 6.2 percent,...

Fed Cuts Rates by Half Point

By BRIAN BLACKSTONE and MAYA JACKSON RANDALL WASHINGTON -- The Federal Reserve on Wednesday slashed interest rates to four-year lows, capping a dramatic policy turn in October as the U.S. confronts a severe financial crisis and...

Stocks Edge Higher Ahead of Fed Meeting (at TheStreet.com)

Stocks on Wall Street were gaining ground midday Wednesday after a choppy morning, as traders combed through a bevy of corporate earnings and awaited an expected cut in the Federal Reserve's key target interest rate. The Dow...

What Matters to Stocks (Hint: It's Not the Fed)

Yesterday's big rally in stocks left everyone scrambling for a reason behind the record gain, and lots of journalists and analysts wound up giving the credit to the prospect of a half-point rate cut by the Federal Reserve. As...

Wall Street Shrugs Off Rate Cut to End Mixed (at TheStreet.com)

Stocks on Wall Street ended a muddled Wednesday with mixed results, after the Federal Reserve cut its target interest rate to 1%. Blue-chip stocks sold off sharply in the final minutes of trading, while technology shares held...

Stocks Fluctuate Ahead of Fed Meeting (at TheStreet.com)

Stocks on Wall Street were fluctuating Wednesday, as traders combed through a bevy of corporate earnings and awaited an expected cut in the Federal Reserve's key target interest rate. The Dow Jones Industrial Average was lately...