Deutsche Bank, which has $32 price target on Targacept, said late stage trial of the biopharmaceutical company's lead compound, TC-5214, to treat major depressive disorder will be positive in late 2011.
IBT Staff Reporter
Nov 22, 2010
Credit Suisse upgraded chip maker Qualcomm to outperform from neutral and raised profit estimates of the company, citing improved visibility on earnings growth.
Manikandan Raman
Nov 19, 2010
GM will begin trading on the New York Stock Exchange beginning today after a landmark intial public offering, from which GM is expected to raise as high as $23.1 billion.
Manikandan Raman
Nov 18, 2010
General Motors Co is inching closer towards returning to the U.S. market in one of the biggest IPOs in the U.S. history and could even become the world's largest.
Manikandan Raman
Nov 17, 2010
The stage is set for another wave of mergers and acquisitions in the U.S. technology sector as the big players, who are flush with cash and looking to expand their horizon, are acquiring aggressively in quest for new products and technology.
Manikandan Raman
Nov 16, 2010
Caterpillar Inc., which makes earthmoving machinery, agreed to buy rival Bucyrus International for a total of $7.6 billion, or $92 per share, in cash to boost its presence in the mining equipment industry.
IBT Staff Reporter
Nov 15, 2010