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News Breaks | | | | June 29, 2012 | | 10:31 EDT |  | BMRN, PAY, TGI, ABCO, PRA, PCL, PDCO, NAVB, MDVN, SJM, FX, CORT, WETF | On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: BioMarin (BMRN) initiated with a Buy at ThinkEquity... Corcept Therapeutics (CORT) initiated with a Buy at ThinkEquity... FX Alliance (FX) initiated with an Outperform at Keefe Bruyette... J.M. Smucker (SJM) initiated with a Buy at Davenport... Medivation (MDVN) initiated with a Buy at ThinkEquity... Navidea (NAVB) initiated with a Buy at ThinkEquity... Patterson Companies (PDCO) initiated with an Overweight at Piper Jaffray... Plum Creek Timber (PCL) initiated with an Outperform at Raymond James... ProAssurance (PRA) initiated with an Outperform at JMP Securities... The Advisory Board (ABCO) initiated with an Outperform at Raymond James... Triumph Group (TGI) initiated with a Buy at Goldman... VeriFone (PAY) initiated with an Overweight at Piper Jaffray... Wisdom Tree (WETF) initiated with a Buy at Goldman. | |
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News For BMRN;CORT;FX;SJM;MDVN;NAVB;PDCO;PCL;PRA;ABCO;TGI;PAY;WETF From The Last 14 Days Check below for free stories on BMRN;CORT;FX;SJM;MDVN;NAVB;PDCO;PCL;PRA;ABCO;TGI;PAY;WETF the last two weeks. |
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| May 24, 2013 | | 17:22 EDT |  | CORT | Corcept Therapeutics enters services agreement with Centric Health
Corcept Therapeutics disclosed in a regulatory filing that on May 21, the company entered into a services agreement with Centric Health Resources to provide the exclusive specialty pharmacy and patient services program for the company's drug Korlym, starting early in Q3. Under the terms of the agreement, subject to certain exceptions, Centric will act as the exclusive specialty pharmacy distributor of the product in the United States for the term of the agreement. The initial term of the agreement is a period of three years from the initiation of services under the agreement. | | | 08:22 EDT |  | BMRN | Leerink's biotech analysts hold an analyst/industry conference call
 Subscribe for More Information | | | May 23, 2013 | | 11:33 EDT |  | PRA | ProAssurance files automatic mixed securities shelf
Subscribe for More Information | | | 10:08 EDT |  | PAY | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 09:35 EDT | | TGI | Triumph Group management to meet with Deutsche Bank
Subscribe for More Information | | | 07:04 EDT |  | PDCO | Patterson Companies sees 2014 EPS $2.10-$2.20, consensus $2.03
Subscribe for More Information | | | 07:02 EDT | | PDCO | Patterson Companies reports Q4 EPS 62c, consensus 62c
Subscribe for More Information | | | 06:25 EDT | | PAY | VeriFone upgraded to Buy from Neutral at SunTrust
Subscribe for More Information | | | May 21, 2013 | | 08:57 EDT |  | WETF | Wisdom Tree price target raised to $16 from $13.50 at Citigroup
Citigroup raised its estimates and price target for Wisdom Tree citing solid fund flows and keeps a Buy rating on the stock. | | | 07:34 EDT | | BMRN | UBS to host a conference
Subscribe for More Information | | | | May 20, 2013 | | 15:52 EDT |  | PDCO | Patterson Companies downgraded to Market Perform from Outperform at Barrington
Barrington downgraded shares due to valuation. | | | 07:32 EDT | | PDCO | Patterson Companies price target raised to $44 from $41 at Stifel
Subscribe for More Information | | | May 17, 2013 | | 10:07 EDT | | TGI | On The Fly: Analyst Initiation Summary
Subscribe for More Information | | | 07:28 EDT | | TGI | Triumph Group initiated with a Neutral at Cowen
Subscribe for More Information | | | May 16, 2013 | | 12:24 EDT |  | BMRN | On The Fly: Midday Wrap
The S&P 500 was virtually unchanged at midday following a deluge of domestic economic data this morning. The S&P began the session in negative territory, but only moderately lower, after investors received a host of data prior to the open, including reports on jobless claims, consumer prices, and housing starts. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares advanced 12% to lead the blue chip index after the company's results beat expectations on the top and bottom lines and prompted price target increases at several analyst firms. Wal-Mart, in contrast, lagged all Dow names, sliding 2% after its earnings for the just ended quarter and its view of the current quarter missed the consensus forecast... After the closing bell, Tesla Motors (TSLA) said it intends to raise about $830M by offering 2.7M common shares and $450M in convertible senior notes. CEO Elon Musk will buy $100M worth of the stock and debt, the company said, and its recently high-flying shares rose another 6%. MAJOR MOVERS: Among the notable gainers rising following Cisco's better than expected results and commentary were Ciena (CIEN), which rose 8%, and Cavium (CAVM), which advanced 4%. Also higher were shares of NetApp (NTAP), which gained over 6% after Bloomberg said activist investor Elliott Management has taken a stake in the company and is pushing its board to explore ways to boost shareholder value. Among the noteworthy losers were Oncothyreon (ONTY), which fell 20%, and Biomarin (BMRN), down 5%, after both pharmaceutical companies, among a number of others, published data to be presented at ASCO, an annual meeting of oncologists. Also lower was AMD (AMD), which declined 14% following a downgrade to Sell at Goldman Sachs. INDICES: Near noon, the Dow was up 12.47, or 0.08%, to 15,288.16; the Nasdaq was up 8.74, or 0.25%, to 3,480.36; and the S&P 500 was nearly flat at 1,658.80. | | | 11:50 EDT | | BMRN | Celgene, Gilead lower after new data published at ASCO
Subscribe for More Information | | | 09:03 EDT |  | BMRN | BioMarin volatility low, shares near record high into ACSO
Subscribe for More Information | | | 08:33 EDT | | BMRN | BioMarin abstract showed impressive anti-tumor activity, says Leerink
Subscribe for More Information | | | May 15, 2013 | | 16:37 EDT | | NAVB | Nordion signs contract manufacturing agreement with Navidea
Subscribe for More Information | | | May 14, 2013 | | 14:59 EDT | | MDVN | Medivation has a conference call hosted by JPMorgan
JPMorgan Analysts Meacham and Kasimov host a conference call with CEO David Hung on May 16 at 10 am. | | |
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