Tag Archives: lead tech

Juno-Celgene Deal Has Street Cautiously Optimistic

Shares of biotech startup Juno Therapeutics rose as much as 29% Tuesday, and closed up 15%, as analysts weighed in on its $1 billion deal with Celgene announced late Monday. Celgene (CELG) agreed to pay $150 million upfront and buy 9.1 million Juno Therapeutics (JUNO) shares at 93 each — more than double Monday’s closing price — for $850 million. In exchange, Celgene gets the option to license Juno’s two leading chimeric antigen receptor (CAR) T cell

Goldman Sachs Issues To-Do List For Google’s New CFO

Goldman Sachs says Google’s (GOOG) new CFO should take the bull by the horns by increasing transparency on YouTube and other parts of the business and making better use of the search leader’s $65 billion cash balance, perhaps with a stock buyback. Sustaining revenue growth will also be a challenge as the core search business matures and amid growing rivalries with Apple (AAPL), Microsoft (MSFT), Facebook (FB) and others, says Goldman Sachs analyst

Apple, Google, Pandora Could Flex Pricing Power

Consumers would have the ultimate say on success, but at least one business consultant says Apple (AAPL), Netflix (NFLX), Pandora Media (P) and other Internet streaming media companies have plenty of room to hike their prices. Per Sjofors, CEO of the pricing-strategy consulting firm Atenga, knows this is a touchy subject. “Many executives are scared s***less for increasing their pricing,” Sjofors said Friday on a conference call with Internet