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This Says Our Favorite Biotech Is Off to the Races

Shares of a promising biotech we recommended back in February 2013 – jumped as much as 27% to a three-month high of $14.20 yesterday after the company said a new cancer drug met its main goal in a midstage clinical trial.

Its shares backtracked a bit as the day progressed but still closed 17.6% higher for the session. These shares have advanced 361% since we first told you about them. The stock has generated a peak gain of 456%, making it one of the 31 recommendations we’ve made to you that have doubled or better since we launched Private Briefing in August 2011. (More on that later…)

January 2008 - Money Morning - Only the News You Can Profit From- Money Morning - Only the News You Can Profit From.

  • In Another Whipsaw Day on Wall Street, Stocks Reverse Early Losses, Post Gains in Final Day of January

    By Jennifer Yousfi Managing Editor After starting the month with the three worst New Year trading days since 1904, U.S. stocks ended January with solid gains. But it was another whipsaw day for investors on Wall Street yesterday (Thursday): Stocks plunged at the open, but reversed course and moved marginally into positive territory by midday. […]

  • Boeing Deals With Dreamliner, Announced Fourth-Quarter Results That Exceed Wall Street Estimates

    By William Patalon III Executive Editor Money Morning/The Money Map Report Boeing Co. (BA), the world's second-largest maker of commercial jetliners, announced a fourth-quarter profit gain of 4% that eclipsed Wall Street estimates – despite ongoing problems with its next-generation airliner, the 787 Dreamliner. Boeing shares jumped $1.88 each, or 2.32%, to close at $82.84 […]

  • Fed Comes Through with Expected 50 Basis Point Cut, But Markets Still Falter

    By Jennifer Yousfi Managing Editor The U.S. Federal Reserve yesterday delivered the half a point interest-rate cut the market was expecting yesterday (Wednesday) – and hinted that more reductions could come – but an afternoon rally was snuffed out by investor fears that economic conditions will continue to worsen and that bond insurers may be […]

  • Global Investing Roundups

    EU Brings Fat Up-Front; Citigroup Swaps for Nikko Cordial; Merrill Bails on Future CDOs; Foreign Sales Help Merck; UBS Writes Down $18 Billion in 2007; Honda Profit Rolls Over Expectations; U.S. Employers Add 130,000 Jobs; Google Taps South Korea Market Share In the face of fierce industry pressure from companies such as Nestle SA (PINK:NSRGF), […]

  • Four Global Profit Plays That Have Been Unfairly Punished by the Subprime Mortgage Mess

    By Martin Hutchinson Contributing Editor The whipsaw trading we've seen the last few weeks has been unsettling for everyone with a stock portfolio, but they've been infuriating for those of us with a portfolio of sound Asian common stocks. The financial institutions that helped create the mortgage rubbish that now litters the U.S. financial landscape […]

  • India's Strong IT Sector So Far Unaffected by U.S. Turmoil

    By Jason Simpkins Associate Editor The U.S. financial services sector has been devastated by the widespread collapse of mortgage-backed assets, but banking, financial, services, and insurance (BFSI) operations in India have been markedly less affected. The BFSI segment has historically been the highest spender on technology and accounts for a substantial portion of revenues generated […]

  • Midday Market Update: GDP Staggers, Investors Wait for Fed

    By Jennifer Yousfi Managing Editor Global markets sagged today on weak corporate earnings and subprime concerns, while investors wait for the Federal Reserve's decision later this afternoon (Wednesday). The U.S. markets were down at midday on news that U.S. gross domestic product failed to meet analyst expectations. At noon today, all three major U.S. indices […]

  • Five Ways to "Follow the Money" to Global Profits, In Good Markets and Bad

    By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report As you might imagine, I have been inundated with telephone calls and e-mail messages from investors who are trying to understand exactly what's happening in the world's financial markets right now. Needless to say, little of this has been a surprise to us here at […]

  • A High-Wire Act: Investors Watch as Fed Struggles to Balance Inflation Fears, Growth Pressures

    By Jennifer Yousfi Managing Editor When U.S. Federal Reserve policymakers conclude their two-day meeting today (Wednesday), investors are betting the central bank will announce a hefty reduction in interest rates for the second time in just over a week. But some analysts are concerned that with a strong durable goods report and some unexpectedly good […]

  • Global Investing Roundups

    Airlines Lose to High Fuel; Valero Cuts Back as California Goes Green; Sales Slump for Second Largest Railroad; Excel Snaps Up Quintana; Foreclosures Up 75%; Toshiba Profits Despite Flash Drive Drop; NEC Corp. Takes Quarterly Loss; Countrywide's Quicksand Deepens Northwest Airlines Corp. (NWA), JetBlue Airways Corp. (JBLU) and AirTran Holdings Inc. (AAI) released fourth-quarter earnings […]