Investor Edge: Suits, Failures Add Up to a Rough Week for Biotechs
June 21st 2010It's been a rough ride for drug developers over the past week: Lawsuits, clinical-trial failures and warnings, and an investigation into possible insider trading hammered biotech stocks over the last week. We tally the damage.
Ask the Expert: Should Investors Show a Preference for Preferred Stocks?
June 21st 2010Preferred stocks have been paying fat dividends over the last few years, as struggling companies offer higher yields to attract investors. A reader asks about pros and cons of investing in these stock/bond hybrids.
AMA: One in Five Claims Are Processed Incorrectly
June 15th 2010The nation's five largest health insurers processed 20% of claims incorrectly in 2009, a new study shows. The inaccuracies resulted in backlogs in processing, anger and confusion among patients, and wasted time and delayed payments for physicians.
Slew of Biotech Stocks Set To Join the Russell 3000
June 14th 2010Biotech stocks made up a big chunk at the annual "reconstituting" of the Russell 3000 Index. Each year around this time, the Russell 3000 is reconfigured and stocks are added to the widely held index. Here's a look at some up-and-coming biotechs about to join the widely held index.
Physician Practices Are Merging at a Record Pace, Driven by Health Reforms
June 14th 2010Physician practices are consolidating at a record pace, driven by payments cuts embedded in the federal health reforms, a new survey finds. Small cardiology practices, which have seen the deepest cuts in Medicare payments, are among the most likely to be acquired by larger providers.
"Ask the Expert": How Do I Find the Right Travel Insurance for Our Long-Awaited Vacation?
June 14th 2010With oil spewing in the Gulf, and ash clouding the skies over Europe, travelers are understandably worried about natural events or disasters spoiling their summer vacations. One reader asks for help in choosing the right travel insurance policy.
"Ask The Expert": With the Market in Turmoil, Where's the Best Place to Park Cash Now?
June 8th 2010In this rate environment, cash investors get short-changed. So what's a cash-flush investor to do? CDs are safe, sure, but returns are paltry. If you can stomach slightly more risk, consider these alternatives.
Investor Edge: 10 Stocks to Watch at ASCO
June 7th 2010Biotech investors were on the lookout for this year's "sleeper hit" at the American Society of Clinical Oncology's annual cancer-drug conference. Here are 10 companies with share prices under $10 that generated significant buzz on Wall Street heading into the conference.
Lawmakers Head Home for the Holiday, Leaving 21 Percent Medicare Pay Cut in Tact
May 28th 2010Lawmakers infuriated doctors groups Friday after once again failing to act on the 21 percent Medicare pay cut for physicians, slated to take effect June 1. The Centers for Medicare and Medicaid Services notified physicians it will delay processing claims for two weeks.
Oil-Spill Stock Scams May Take You to the Cleaners
May 27th 2010The Gulf of Mexico undersea oil disaster has spawned a growing tide of investment scams from con artists who claim to be profiting from cleanup operations. Here's how to spot an oil-spill stock scam, and what to do if you suspect you're a victim.