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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…)

  • Featured Story

    How the "Wal-Mart Syndrome" Pushes Millions More Onto Food Stamps

    Vampire fangs

    Call it the "Wal-Mart Syndrome".

    Entire industries -- such as low-end retailers like Wal-Mart Stores Inc. (NYSE: WMT) and fast food chains like McDonald's Inc. (NYSE: MCD) - pump up their profits by paying employees extremely low wages.

    But thousands of Americans who need to support a household on such low wages - either the federally mandated minimum wage of $7.25 or just a bit above it - can only do so with public assistance.

    In other words, with the help of welfare.

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  • retail stocks 2012

  • What Wal-Mart's Dismal Sales Mean for These Retail Stocks Money

    While we showed you last week how high-end retail stocks were soaring right now, on the flipside of things is Wal-Mart Stores Inc. (NYSE: WMT).

    A Wal-Mart executive offered a candid view of just how bad sales have been of late in an e-mail to other company execs obtained by Bloomberg News.

    "In case you haven't seen a sales report these days, February [month-to-date] sales are a total disaster," Jerry Murray, VP of finance and logistics, said in the Feb. 12 e-mail. "[It's] the worst start to a month I have seen in my seven years with the company."

    The retail giant's woes stem from a confluence of factors hurting sales: the 2% increase in the payroll tax, the recent surge in gas and food prices and consumer confidence levels sinking to their lowest since 2011.

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