Nikkei dips but pares losses after report on larger stimulus [Financial Post (Toronto, Ontario, Canada)]
Biogen Inc. (BIIB)
Last biogen inc. earnings: 4/22 07:12 am
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Source: Financial Post
a media report that Prime Minister Fumio Kishida's stimulus package will be larger than initially expected. The Nikkei share average ended 0.30% lower at 29,598.66, but it cut a big part of its losses after the Nikkei business daily reported Japan's economic stimulus package will likely involve fiscal spending of around 55.7 trillion yen ($488 billion) due to huge amounts of cash payouts. Canadian medical student sent to U.S. prison for giving drugs to a woman who died of an… Advertisement Advertisement Article content That was way above market expectations of 30-40 trillion yen, though analysts cautioned that many investors would need to see what the government plans to spend on. “What's important is the contents. If there are elements that can be interpreted as a part of growth strategy, that would be positive for the stock market. But if not, there will be limited boost,” said Shingo Ide, chief equity strategist at NLI Research Institute. The broader Topix shed 0.14
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News
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- Biogen Inc. (NASDAQ: BIIB) had its price target lowered by analysts at Barclays PLC from $215.00 to $200.00. They now have an "equal weight" rating on the stock.MarketBeat
- Shareholders 30% loss in Biogen (NASDAQ:BIIB) partly attributable to the company's decline in earnings over past year [Yahoo! Finance]Yahoo! Finance
- Biogen Inc. (NASDAQ: BIIB) had its price target raised by analysts at Wedbush from $213.00 to $215.00. They now have a "neutral" rating on the stock.MarketBeat
- Biogen Inc. (NASDAQ: BIIB) had its price target lowered by analysts at HC Wainwright from $325.00 to $300.00. They now have a "buy" rating on the stock.MarketBeat
BIIB
Earnings
- 4/25/24 - Beat
BIIB
Sec Filings
- 4/24/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/12/24 - Form PRE
- BIIB's page on the SEC website