Amgen Stock News

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Kovitz Investment Group Partners LLC trimmed its holdings in shares of Amgen Inc. (NASDAQ:AMGN) by 0.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,145 shares of the medical research companys stock after selling 51 shares during the quarter. []

Futures pointed to a higher opening for Canada''s main stock index on Thursday, aided by gains in both crude and gold prices, while an upbeat economic outlook from the U.S. Federal Reserve boosted sentiment. The S&P/TSX Composite surged 120.59 points to close the midweek session to 20,769.16. Futures were up 0.6% Thursday. Canadian Imperial Bank of Commerce and National Bank said Wednesday they have asked staff in Canada to work remotely, joining Bank of Nova Scotia in halting plans for a return to offices amid growing concerns over the Omicron variant. CIBC raised the rating on Cineplex to outperform from neutral. Canaccord Genuity cuts the rating on Freshlocal Solutions to hold from buy. CIBC cut the rating on Manulife Financial to underperform from neutral. On the economic beat, Statistics Canada reported wholesale sales grew 1.4% in October to the highest level on record, 11.4% higher than in February 2020. Ontario sales and the motor vehicle and motor vehicle parts and accessories sub-sector drove the increase.

U.S. stock futures rose sharply in early Thursday trading after the Federal Reserve signaled it would be aggressive on tapering and sees three interest rate hikes in 2022. Futures for the Dow Jones Industrials jumped 210 points, or 0.6%, to 36,026. Futures for the S&P 500 grew 27.75 points, or 0.6%, to 4,728.25. Futures for the NASDAQ hiked 80.25 points, or 0.5%, to 16,366.50. Shares of companies that have done well in previous rate-hiking cycles led pre-market gainers. Materials stocks FMC Corp. and Freeport-McMoRan both rose more than 3% ahead of the opening bell. Bank stocks also rose across the board, with JPMorgan Chase, Citigroup and Bank of America all up about 0.6%. In transportation news, Delta Air Lines reported that it now expects to see a profit of $200 million in the fourth quarter, after previously projecting a loss. Shares rose 2.2% on the news. Health-care stocks UnitedHealth gained 3.1%, and Amgen rose 2.6%. Adobe and Accenture are scheduled to report quarterly earnings before the opening bell.

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Tower Bridge Advisors grew its position in shares of Amgen Inc. (NASDAQ:AMGN) by 0.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,713 shares of the medical research companys stock after purchasing an additional 155 shares during the quarter. []

Chicago Capital LLC lowered its position in Amgen Inc. (NASDAQ:AMGN) by 2.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,461 shares of the medical research companys stock after selling 300 shares during the quarter. Chicago Capital LLCs holdings in Amgen were worth $2,437,000 []

Bray Capital Advisors lifted its stake in Amgen Inc. (NASDAQ:AMGN) by 0.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,891 shares of the medical research companys stock after acquiring an additional 52 shares during the quarter. Bray Capital Advisors holdings in []

The trading price of Amgen Inc. (NASDAQ:AMGN) floating higher at last check on Wednesday, December 15, trading at $213.97, 0.11% higher than its previous close. >> 7 Top Picks for the Post-Pandemic Economy

Livforsakringsbolaget Skandia Omsesidigt lessened its stake in Amgen Inc. (NASDAQ:AMGN) by 2.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 49,296 shares of the medical research companys stock after selling 1,100 shares during the period. Livforsakringsbolaget Skandia Omsesidigts holdings in Amgen were worth $10,479,000 []

Fisher Asset Management LLC trimmed its stake in Amgen Inc. (NASDAQ:AMGN) by 3.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 75,511 shares of the medical research companys stock after selling 2,413 shares during the quarter. Fisher Asset Management LLCs holdings []

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