Investing
Investor appetite for pharmaceutical stocks rises
Attention on the sector has grown lately following the pursuit of American giant Pfizer of its British rival AstraZeneca, with 41 per cent of people polled saying they plan to invest more in pharmaceuticals.
A further 10 per cent said that the positive outlook for the sector means they are planning to invest in pharmaceutical stocks for the first time.
However, the poll was carried out before news surfaced this week that Pfizer has abandoned its plans to buy AstraZeneca.
Pfizer withdrew its final offer on Monday, after weeks of bargaining, in accordance with UK takeover rules which required talks begin by 5pm on 26 May.
The US group must now walk away from the deal for six months, and yesterday rejected Astra’s claim its offer did not represent full value for the business.
Related Posts
Tag Box
There are 0 Comment(s)
Big flu jab price hikes this winter: Where’s cheapest if you can’t get a free vaccine?
Pharmacies, supermarkets and health retailers are starting to offer flu jabs ahead of the winter season, but t...
Is now the time to fix your energy deal?
Fixed energy tariffs all but disappeared during the energy crisis. But now they are back with an increasing nu...
Everything you need to know about the pension triple lock
Retirees are braced to receive another bumper state pension pay rise next year due to the triple lock mechanis...
What will happen if rates change
How your finances will be impacted by a rise in interest rates.
Regular Savings Calculator
Small regular contributions can build up nicely over time.
Online Savings Calculator
Work out how your online savings can build over time.
The best student bank accounts in 2023: Cash offers, tastecards and 0% overdrafts
A number of banks are luring in new student customers with cold hard cash this year – while others are compe...
DIY investors: 10 common mistakes to avoid
For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.
Mortgage down-valuations: Tips to avoid pulling out of a house sale
Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?
Money Tips of the Week
© AE3 Media Ltd, 21 Great Winchester Street, London EC2N 2JA, Company.