FOSTER CITY, Calif.--(BUSINESS WIRE)--Gilead Sciences, Inc. (Nasdaq: GILD) today announced the upcoming presentation of new clinical data and real-world evidence (RWE) from its antiviral research and development programs at the 31st Conference on Retroviruses and Opportunistic Infections (CROI 2024) taking place from March 3-6. The data from nearly eighty studies across HIV, COVID-19 and viral hepatitis include late-breaking data, four oral presentations, and reflect Gilead’s commitment to address the evolv ...

One good year leads to another. That's typically been the pattern for the Nasdaq Composite index since its creation in 1971. The positive years for the index outnumber the negative years by nearly 3 to 1. History is on the side of investors hoping for the Nasdaq to keep soaring in 2024. Unsurprisingly, analysts are bullish about many of the stocks that are in the index. But are there any good picks for income investors in the group? Yep -- and some of them offer especially juicy dividends. Wall Street think ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 000-19731 GILEAD SCIENCES, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 94-3047598 (State or Other Jurisdiction of I ...

Gilead Sciences (GILD) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this HIV and hepatitis C drugmaker have returned -8% over the past month versus the Zacks S&P 500 composite's +3.1% change. The Zacks Medical - Biomedical and Genetics industry, to which Gilead belongs, has lost 0.1% over this period. Now the key question is: Where could the stock be h ...

During stock market ups and downs, identifying the next big players breeding massive value growth potentials is similar to finding a pearl in a vast ice lake. Among the multitude of options, certain market giants stand out; they are ready to embark on monumental rallies.These companies are strategically edging themselves for an unparalleled lead. They are armed with magna fundamentals and visionary strategies. Understanding these stocks’ underlying factors and potential becomes imperative to capture the upc ...

SOPA Images/LightRocket via Getty Images Gilead Sciences Incorporation’s (NASDAQ:GILD) stock price has not had a great week. As reported here on Seeking Alpha, the stock has traded in the red for the last seven days consecutively. Once the darling of the biotech world GILD, has seen better days. If we look back, we can see that the last five years haven’t been that great either. Seeking Alpha If we look back a little further we see that GILD stock has been dead money since 2015 when it traded over $100 ...

Core Viewpoint - Gilead Sciences, Inc. is acquiring CymaBay Therapeutics, Inc. for $32.50 per share, totaling an equity value of $4.3 billion, which has led to a significant increase in CymaBay's share price [1][2]. Financial Terms of the Acquisition - Gilead's wholly-owned subsidiary will initiate a tender offer for all outstanding shares of CymaBay at the proposed price [2]. - Remaining shares not tendered will be acquired through a second-step merger at the same price [2]. - The acquisition has received approval from both companies' boards and is expected to close in the current quarter, pending regulatory approvals [2]. Strategic Value of the Acquisition - The acquisition will enhance Gilead's pipeline with CymaBay's lead product candidate, seladelpar, which targets metabolic and liver disease pathways [3]. - A new drug application for seladelpar to treat primary biliary cholangitis (PBC) was submitted to the FDA, which granted priority review with a target action date of August 14, 2024 [3]. - Seladelpar has received Breakthrough Therapy Designation and orphan drug status in the U.S. and Europe for PBC treatment [3]. Revenue Impact - Potential approval of seladelpar is expected to boost Gilead's revenue growth, with the transaction likely being neutral to Gilead's bottom line in 2025 and significantly accretive thereafter [4]. Market Context - The acquisition complements Gilead's existing liver disease portfolio, which includes treatments for chronic hepatitis C and delta viruses, and is seen as a strategic move to offset slowing growth in its legacy HIV business [5]. - Despite the acquisition announcement, Gilead's stock rose only 1.06%, indicating investor concerns about the deal's valuation [5]. - Gilead's stock has declined 6.8% over the past six months, contrasting with a 1.3% decline in the industry [5]. Industry Trends - The pharmaceutical and biotech sectors are experiencing increased merger and acquisition activity as companies seek to diversify their portfolios amid generic competition [7]. - Other notable acquisitions in the industry include Bristol Myers' acquisition of Mirati Therapeutics for $4.8 billion and Novartis' acquisition of MorphoSys AG to enhance its oncology portfolio [7].

FOSTER CITY, Calif.--(BUSINESS WIRE)--Gilead Sciences, Inc. (Nasdaq: GILD) today announced the company has been named one of America’s Most JUST Companies. The ranking, presented by JUST Capital and CNBC, reflects Gilead’s longstanding commitment to operate responsibly by prioritizing stakeholder engagement – including with the patients and communities the company serves, employees and shareholders – while working to create a healthier world for all people. Gilead was recognized on the top 100 list and rank ...

Shares of Gilead Sciences (GILD -3.91%) are down 3.7% as of 3:30 p.m. ET Wednesday after the biopharmaceuticals giant announced mixed quarterly results relative to Wall Street's expectations.Why Gilead's "strong" year wasn't enoughGilead's fourth-quarter 2023 revenue declined 3.7% year over year to $7.115 billion, translating to non-GAAP (adjusted) net income of $1.72 per share (up from $1.67 per share in the same year-ago period). Analysts, on average, were expecting higher adjusted earnings of $1.76 per s ...

Mastercard today announced that its Board of Directors has declared a quarterly cash dividend of 66 cents per share. The cash dividend will be paid on May 9, 2024 to holders of record of its Class A common stock and Class B common stock as of April 9, 2024.The 3M Board of Directors today declared a dividend on the company's common stock of $1.51 per share for the first quarter of 2024. The dividend is payable March 12, 2024, to shareholders of record at the close of business on Feb. 16, 2024. 3M has paid di ...