The stock market plunge reminds Pharmalot of the following true story: As Chicken Little walks down Wall Street, he’s heard shouting ‘The Sky Is Falling!’ Right on cue, a wiseguy broker from Brooklyn opens his window and shouts, 'Sell Sky!' ...Hang on, everyone. And try not to panic.
Cardinal Health To Spin Off Medical Products Unit (Yahoo/Reuters)
Will Lending Woes Hurt Roche Bid For Genentech? (The Financial Times)