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Stocks Finish Ahead After Lackluster Data (WAG, JBL, PAYX, MON, V, CREE, WAG)

Posted by Geoff Seiler at 5:15PM on September 28th

After selling off in early trading, stocks rallied into positive territory to finish the day with solid gains.

The Drug Store and Pharmacy Stocks Index was the top performing tickerspy Index on the day, led by Walgreen (WAG) with a 11% gain.

Stocks rose…

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The Legendary Value Fund with Close Links to Billionaire Buffett (SEQUX, BRK.A, GS, VRX, GOOG, IBM, WMT, WAG, TGT, TJX, FAST, BRK.B)

Posted by Max Magee at 9:51AM on August 27th

A stalwart of the mutual fund world has been quietly having a solid year.

The venerable, value-focused Sequoia Fund (SEQUX) opened to new investors for the first time in 26 years during 2008, but the fund lost about -27% over the course…

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A Rare Glimpse into a Quant Fund Black Box (GOOG, AAPL, WFC, BP, CVX, TEVA, WAG, APC, CVS)

Posted by Max Magee at 9:47AM on August 13th

Notable quant fund Renaissance Technologies has seen mixed results of late.

James Simons’ flagship Medallion Fund continues to post eye-popping numbers year after year, averaging 45% since the fund’s inception in 1988 through May of this year, according to Reuters.…

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Stocks Disappoint Despite Ending Higher (WAG, JASO, WFR, SNWL, NHYDY)

Posted by Geoff Seiler at 4:39PM on July 6th

Stocks edged higher on the day, but overall the market action was disappointing as the market gave back large early gains, even dipping into the red late in the day before rebounding some. The early gains were driven by strong…

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Stocks Wilt In Summer Heat (JEF, SONC, CCL, WAG, VRX)

Posted by Geoff Seiler at 4:50PM on June 22nd

Stocks wilted under the summer heat, with retailers once again getting hit particularly hard. While yesterday’s culprit for the fall in retail stocks was the promise of unpegging the yuan (China’s currency), today it was renewed worries over the economy…

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All Eyes On Economy Until Earnings Season (SMOD, CAT, WAG, CVS, NOA)

Posted by Marcia Wilmot at 4:34PM on June 18th

Stocks waffled back and forth throughout the day on this options expiration Friday. All eyes will continue to be on Europe and the economic data until investor attention turns to earnings season, which kicks off in mid-July.

The Oil Sands Stocks…

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Not All Are Happy With The CVS – Walgreen Agreement (CVS, WAG, MHS, ESRX, SXCI)

Posted by Owen Vater at 9:30AM on June 18th

Drug stores CVS Caremark (CVS) and Walgreen (WAG) finally reached an agreement under which the latter will continue participating in Caremark’s pharmacy benefit management (PBM) national retail network on Friday. Caremark members will be able to fill their existing, new, or renewal…

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Walgreen and CVS Drama Heats Up (CVS, WAG, NPD, OCR, PMC, RAD)

Posted by Sue Miller at 7:49AM on June 10th

The game of brinkmanship between CVS Caremark (CVS) and Walgreen (WAG) continued on Wednesday as CVS Caremark announced that those enrolled in its plans had 30 days to stop filling their prescriptions at Walgreen, the New York Times reported. The saga began on…

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Snow Slows Shoppers, Not Stocks (WAG, CAG, SNY, CHTT, BUCY, TEX, KIRK)

Posted by Geoff Seiler at 5:28PM on December 21st

Stocks had a strong day despite a major snow storm blanketing much of the East Coast, keeping retail crowds sparse on the last Saturday before Christmas, which is traditionally one of the biggest shopping days of the year. Nonetheless, analysts…

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A Slew of New Deals Move Pharma Stocks

Posted by Owen Vater at 10:17AM on December 21st

Some big names got into the action on Monday.

A nearly $2 billion buyout and three new agreements are sending select healthcare stocks soaring today, and some big names are in the mix. A look at the Big Pharmaceutical Stocks Index’s…

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