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Stock Market & Financial Investment News

News Breaks
June 20, 2014
09:36 EDTPPHM, FEYE, TSLA, KMX, ORCL, NFLX, AAPL, WFM, CELG, AMZNActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TSLA AMZN NFLX FEYE CELG ORCL PPHM WFM KMX
News For AAPL;TSLA;AMZN;NFLX;FEYE;CELG;ORCL;PPHM;WFM;KMX From The Last 14 Days
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January 12, 2015
12:10 EDTCELGRBC Capital says Celgene's shares could rise to $200 'over time'
The long-term profit guidance that Celgene (CELG) released today suggests that the stock, currently trading around $115, could reach $200 "over time," RBC Capital wrote in a note to investors today. WHAT'S NEW: After Celgene estimated that its EPS would exceed $12.50, excluding certain items, by 2020, RBC Capital says that the guidance exceeded the firm's previous outlook. RBC added that Celgene's projection increases its confidence in the predictability of the drug maker's performance over the longer term. The firm recommended that investors own Celgene in 2015, noting that the company has the potential to settle its patent case with Actavis (ACT). A settlement would enable investors to focus on Celgene's visible long-term growth and the robust opportunity provided by its drugs in development, RBC stated. Historically, investors have not given Celgene credit for these strengths, the firm stated. PRICE ACTION: In early afternoon trading, Celgene rose 1.5% to $115.35.
11:14 EDTPPHMDenver patient being tested for Ebola, KUSA-TV reports
A patient recently returned from Ebola affected areas in Africa is being tested in Denver for the disease, reported local NBC affiliate 9New KUSA-TV. Drug companies that are working on experimental Ebola vaccines or treatments include Peregrine (PPHM), Tekmira (TKMR), Sarepta (SRPT), BioCryst (BCRX), Chimerix (CMRX) and NewLink Genetics (NLNK). Some companies that offer protective clothing and waste disposal include Lakeland Industries (LAKE) and Alpha Pro Tech (APT). Reference Link
11:09 EDTCELGCelgene sees 2020 adjusted EPS over $12.50, sales above $20B
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11:06 EDTCELGCelgene backs FY17 target for adjusted EPS $7.50, sales $13B-$14B
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11:03 EDTCELGCelgene sees FY15 Revlimid sales $5.6B-$5.7B
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11:02 EDTCELGCelgene sees Q4 adjusted EPS $1.01, consensus 99c
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11:02 EDTCELGCelgene sees FY14 adjusted EPS $3.71, consensus $3.69
Sees FY14 net product sales $7.56B, consensus $7.66B. Sees FY14 Revlimid sales $4.98B, Abraxane sales $848M, Pomalyst/Imnovid sales $680M and Otezla sales $70M.
10:59 EDTCELGCelgene sees FY15 adjusted EPS $4.60-$4.75, consensus $4.84
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10:56 EDTCELGCelgene says no higher priority that accelerating development of Crohn's drug
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10:53 EDTCELGCelgene says Otezla scripts accelerated in Q4
10:51 EDTCELGCelgene reports FY14 EPS $3.71, consensus $3.69
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10:47 EDTTSLATesla tests the $200 area, levels to watch
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10:44 EDTCELGCelgene CEO says company expects to meet, exceed 2017 guidance
The company is speaking at JPMorgan's conference.
10:23 EDTORCLSAP jumps 3.5% after resuming trade following Q4 report
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09:34 EDTAAPL, TSLAActive equity options trading
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09:04 EDTNFLX, AMZNAmazon wins first Golden Globe for 'Transparent,' Business Insider reports
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08:21 EDTAAPLApple poised to gain market share, says JMP Securities
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08:18 EDTNFLXNetflix January weekly volatility elevated into Q4 and outlook
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07:35 EDTORCLNational Retail Federation to hold a trade show
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06:43 EDTORCLKurian seen by some as successor to Oracle's Ellison, Reuters says
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