| Biotech Stocks: ImmunoGen sinks as drug sector climbs (at MarketWatch) Shares of ImmunoGen tumble more than 35% on news that the U.S. Food and Drug Administration refused to accept the accelerated approval application for the company s breast-cancer drug candidate. us.rd.yahoo.com |
Wall Street rally runs out of steam [at Financial Times] - Better-than-expected earnings from technology companies Research in Motion and Oracle ORCL failed to push the US stock market indices out of their summer trading range. us.rd.yahoo.com |
Jobless claims fall to lowest level in 3 months New U.S. claims for unemployment benefits unexpectedly fell last week, touching their lowest level in nearly three months. pheedo.msnbc.msn.com |
Home Sales, G-20 Give Stocks a Lift Home Sales Help Lift Stocks U.S. stocks climbed, boosted by a jump in sales of existing homes and a weekend pledge by global finance officials that calmed fears of a currency war. Time to Fear the VIX? us.rd.yahoo.com |
Everyday investors wonder if market is rigged The Wall Street insider trading investigation may lead everyday investors 鈥 already rattled by a stock market meltdown, a one-day "flash crash" and the Madoff scandal 鈥 to finally conclude that the game is rigged. pheedo.msnbc.msn.com |