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‘Shock Exchange’ Predicted General Electric’s Demise, But No One Listened
General Electric nearly collapsed in 2009 after the commercial paper market cratered. GE had to beg President Obama for a taxpayer bailout to protect...
Opioid Settlement Seals Trump’s Debate Victory Over Biden
COVID-19 has put a damper on the presidential debates. The first debate involved President Trump flexing his muscle, talking up the positives during his...
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Allergan: Growth Is Dead
Allergan's (AGN) Q2 results appeared to be pretty strong, at least on the surface. The company reported revenue of $4.0 billion and EBITDA of...
‘Pharma Bro’ Lawyer: Martin Shkreli Sentencing ‘Could Have Been A Lot Worse’
Friday Judge Kiyo Matsumoto sentenced 'Pharma Bro' Martin Shkreli to seven years in prison for securities fraud pursuant to Retrophin (RTRX), the biotech Shkreli...
Border Agents Lasso Hatians On Horseback
The global economy has been in a state of turmoil since the Financial Crisis of 2008. The U.S. is considered a safe...
Abdul-Jabbar On LiAngelo Ball’s UCLA Shenanigans – ‘It Stained My Legacy’
The LiAngelo Ball incident simply will not go away. First of all it was extremely bizarre. What are the odds of three UCLA basketball...
Weatherford Earnings Preview
Weatherford International (WFT) reports quarterly earnings April 24th. Analysts expect revenue of $1.46 billion and eps of -$0.22. The revenue estimate implies flat revenue...
Allergan Seeks Mullet Money For Women’s Health Unit
Allergan's (AGN) share price has been rather volatile over the past six weeks. The stock hit a 52-week low of around $143 in early...
Will Trump Force Allergan To Pay Billions For Restasis Price-Gouging?
In 2015 Senator Bernie Sanders went on an HCV rant to get the Department of Veteran Affairs ("VA") to use special powers to override...
Mallinckrodt: Has Insys Discovered The Acthar Killer?
Mallinckrodty delivered a Q4 revenue and earnings beat, which caused the stock to spike 15%:
Mallinckrodt's Q4 revenue fell 5% Y/Y. I was expecting another...