New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 23, 2014
10:11 EDTIAU, JNS, GWPH, CNC, SAVEHigh option volume stocks: CNC JNS SAVE GWPH IAU
News For CNC;JNS;SAVE;GWPH;IAU From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 20, 2015
09:28 EDTSAVETilson says Spirit Airlines selloff 'hugely overdone'
Subscribe for More Information
08:26 EDTCNCManaged Medicaid names unfairly punished yesterday, says Leerink
Subscribe for More Information
07:40 EDTCNCCentene price reaction does not make sense, says UBS
UBS said the price decline in Centene (CNC) shares on concerns surrounding the insurance exchange business following yesterday's comments from UnitedHealth (UNH) does not make sense. The firm said Centene only covers 156,000 lives via the exchanges and although they are not expecting any improvement next year, they are not expecting any deterioration either. UBS reiterated its Buy rating and $80 price target on Centene shares.
06:01 EDTGWPHGW Pharmaceuticals selloff yesterday an overreaction, says Piper Jaffray
Piper Jaffray analyst Joshua Schimmer says shares of GW Pharmaceuticals sold off yesterday in response to an abstract posted for the American Epilepsy Society conference in December describing a single center's experience with Epidiolex for seizures. The results support the drug's potent activity in Dravet syndrome, but some investors have concern with the drop-out rate due to inactivity and the lower response rate compared to what has otherwise been described for Epidiolex, Schimmer told investors last night in a research note titled "Over-Reacting To A Tree When The Forest Remains In Good Shape." The dropout rate is likely a result of the center's "highly questionable" practice of stopping drug if seizure reduction doesn't reach 50%, while the lower response rate at one site shouldn't detract from a "much bigger, robust clinical experience spanning multiple centers," Schimmer argues. He reiterates an Overweight rating on GW with a $147 price target. The stock closed yesterday down $5.42 to $82.30.
November 19, 2015
19:19 EDTCNCOn The Fly: After Hours Movers
UP AFTER EARNINGS: Intuit (INTU), up 8.1%... Ross Stores (ROST), up 8.2%. ALSO HIGHER: Cabela's (CAB), up 7.5% after Bloomberg reported that the company is receiving takeover interest... Nike (NKE), up 3.4% after announcing a $12B repurchase program, a two-for-one stock split, and that it will raise its dividend... Centene (CNC), up 2.4% after reiterating its fiscal 2015 earnings per share guidance... Universal Insurance (UVE), up 2.7% after announcing a new $10M share repurchase program. DOWN AFTER EARNINGS: Nimble Storage (NMBL), down 36.9%... Mentor Graphics (MENT), down 26.2%... Workday (WDAY), down 5.5%... Wesco Aircraft (WAIR), down 1.4%... Williams-Sonoma (WSM), down 3.7%... Zoe's Kitchen (ZOES), down 3.6%... Momo (MOMO), down 3.3%... Autodesk (ADSK), down 1%... Gap (GPS), down marginally.
17:07 EDTCNCCentene backs FY15 EPS view of $2.84-$2.90, consensus $2.88
Subscribe for More Information
15:33 EDTGWPHGW Pharmaceuticals drops 10% after epilepsy study abstract posted
The conclusion of the abstract, posted to the the site of the American Epilepsy Society, stated: "Add-on pure CBD was associated with more than 50% seizure reduction in one-third of patients at 3 months...Best results were obtained in patients with Dravet syndrome, although one experienced a severe increase in seizure frequency."
15:31 EDTGWPHAbstract for GW Pharmaceuticals epilepsys study posted to AES site
Subscribe for More Information
10:23 EDTCNCUnitedHealth selloff on guidance presents buying opportunity, says Leerink
Subscribe for More Information
07:46 EDTCNCOptions expected to be active; UNH AET ANTM CI WCG HUM HNT CNC
Subscribe for More Information
November 17, 2015
09:31 EDTSAVESpirit Airlines: Flight 969 experienced delay due to law enforcement activity
Subscribe for More Information
November 16, 2015
07:16 EDTGWPHHayman Capital gives quarterly update on stakes
NEW STAKES: Impax (IPXL), CF Industries (CF), GW Pharmaceuticals (GWPH), ProNAi Therapeutics (DNAI). INCREASED STAKES: BioMarin (BMRN), NMI Holdings (NMIH), Vertex (VRTX), Endo (ENDP). DECREASED STAKES: Mylan (MYL). LIQUIDATED STAKES: Perrigo (PRGO), Oasis Petroleum (OAS), Whiting Petroleum (WLL), Newfield Exploration (NFX), SM Energy (SM).

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use